Category: ROOT

Sendero Capital, Angelo Gordon to invest $300M in outpatient real estate

Real estate company JLL Capital Markets has arranged a joint venture between Sendero Capital and Angelo Gordon that will allow for $300 million in outpatient real estate investment over the next two years, according to a June 30 report from Boston Real…

Orlando medical office building with 'in-car-care' suites proposed

Orlando, Fla.-based Bliss Healthcare Services is seeking approval to build a three-story, 78,154-square-foot medical office building that would feature four drive-up “in-car-care” suites, according to a June 30 report from the Orlando Business Journal….

What happened when private equity snapped up Colorado anesthesia groups

U.S. Anesthesia Partners, created by private equity firm Welsh, Carson, Anderson & Stowe in 2012, became one of the most powerful anesthesia presences in Colorado, The Washington Post reported June 29.

ASC acquisition 'frenzy' slows, chains get creative for growth

Surgery center chains have consolidated in the last decade to five mega-companies and a handful of small regional chains with growth prospects simmering.

Often-reluctant PCPs must be encouraged to take on leadership roles

Primary care may be the bedrock of the U.S. healthcare system, but it is in crisis as increasing numbers of physicians suffer from burnout on the “volume-based hamster wheel,” according to a June 29 Harvard Business Review article.

Headspace lays off 181 employees in 2nd round of job cuts

Mental health app Headspace has laid off 181 employees, totaling about 15 percent of its workforce, the Los Angeles Times reported.

Novartis to divest assets to Bausch + Lomb for $2.5B

Novartis has agreed to divest its “front of eye” ophthalmology assets to global health company Bausch + Lomb in a $2.5 billion deal, including $1.75 billion in cash upfront. 

ASCs in 5 years: Will there be more or fewer independent centers?

The ASC market has shifted in the last decade with consolidation between ASC chains and more surgery center development overall, but the percentage of independent surgery centers overall hasn’t drastically shifted.

101K-square-foot medical office building to open in Arizona

Construction is underway on a 101,136-square-foot medical office building in Scottsdale, Ariz., according to a June 29 report from the Scottsdale Independent. 

Indiana hospital closing emergency department, ending inpatient services

Hartford City, Ind.-based IU Health Blackford Hospital will close its emergency department and no longer offer inpatient services due to a reduction in patient volume, the Muncie Star Press reported June 30.