eAssist Dental Solutions Acquires Unitas PPO Solutions
eAssist Dental Solutions has acquired Unitas PPO Solutions. In June 2021, Henry Schein acquired a majority interest in eAssist, which provides a platform of outsourced revenue cycle services to the dental industry. Mike Alder will continue to manage the Unitas business as CEO along with the Unitas management team. This transaction is expected to be neutral to Henry Schein’s 2022 diluted earnings per share and to be accretive thereafter. The financial terms of the transaction were not disclosed. Unitas is a privately held service provider that works with dental practices to assess their commercial insurance participation, set competitive fee-for-service rates and negotiate contracted... Read More »
Akeso Occupational Health Expands In Southern California
Irvine, California-based Akeso Occupational Health announced its acquisition of Inland Empire Occupational Medicine. This transaction represents the first occupational health acquisition of the year, according to data captured from the LevinPro HC database. Inland Empire Occupational Medicine was founded in Riverside, California, more than 25 years ago. It focuses on occupational therapy. Founded in 2018, Akeso Occupational Health develops occupational medicine clinic groups, focusing on the evaluation and treatment of health issues that arise from work or environmental exposures, enabling injured employees to return to work. In 2022, the company completed four transactions. This... Read More »
Montecito Medical Acquires Indianapolis, Indiana MOB
Montecito Medical Real Estate, a leading acquirer of medical office properties nationwide, has completed its acquisition of a 34,369 square-foot medical office building (MOB) in Indianapolis, Indiana. Terms of the deal were not disclosed. The MOB is tenanted by the Midwest Center for Joint Replacement, which uses the property for orthopedic clinical care, orthopedic surgeries and physical therapy. Midwest Center for Joint Replacement is the dominant orthopedic group within a 10-mile radius of the property’s location on the southwest side of Indianapolis. The group maintains an additional location in Bloomington, Indiana. Montecito Medical Real Estate specializes in healthcare-related real... Read More »
JLL Serves as Broker for $131 Million Medical Office Building Portfolio Sale
Remedy Medical Properties and Kayne Anderson Real Estate announced on January 4 their joint acquisition of a medical office building (MOB) portfolio for $131 million. The seller was Montecito Medical Real Estate. JLL served as the broker for the transaction. The Project Prism Portfolio is a fully leased medical office portfolio that consists of 13 properties in eight states totaling 300,328 square feet. The price was $436 per square foot. The portfolio represents a significant expansion for Remedy Medical Properties and Kayne Anderson Real Estate. The deal closed in late December 2022. Last year, the joint venture completed five MOB transactions. Remedy Medical Properties is one of the... Read More »
Stonemont Financial Group Acquires MOB in Alpharetta, Georgia
Stonemont Financial Group announced on January 2 that it has acquired Preston Ridge Medical Office Building, an 85,000-square-foot medical office building (MOB) in Alpharetta, Georgia. The deal represents a strategic move by the firm to grow its healthcare platform nationwide. According to data captured from our LevinPro HC database, this marks the first MOB acquisition of 2023. Northside Hospital is the anchor tenant of the Class A building, where it provides cancer care services to the community. The property also houses three single specialty surgery centers and a mix of tenants offering a range of medical services including plastic surgery, dermatology, ENT and gastroenterology.... Read More »Schedule a demo
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