13
JOINT
VENTURES
North Carolina surgical
center building sells for
$1.93M — 5 details
By Angie Stewart
W
inston-Salem, N.C.-
based Kokonot Enter-
prises sold the office
building of Winston-Salem-based
Novant Health Salem Surgical
Associates for $1.93 million, Triad
Business Journal reported.
Here are five details:
1. William Scott Berger, MD, a
surgeon at Winston-Salem-based
Salem Surgical Associates, manages
the 8,260-square-foot facility. e
facility was built in 1980 and had
an appraised value of $1.14 million,
below the $1.93 million sale price.
2. Prosper Holdings Principal Rex
Reynolds manages commercial re-
al-estate developer PFI-Lyndhurst,
the buyer. Mr. Reynolds told TBJ
he isn't planning major changes to
the facility.
3. e motivation behind the sale
is unknown.
4. In August, Prosper purchased
Greensboro (N.C.) Specialty
Surgery Center from the practice's
members for $9.3 million.
5. e Triad area has a pattern
of medical buildings selling for
more than their listed value. In
July, Winston-Salem-based Skin
Surgery Center surgeons sold the
Vest Mill Medical Office building
for $6.6 million. e property's tax
value was $4.77 million. n
KKR's $9.9B acquisition of
Envision (AmSurg) is the
biggest healthcare deal in
Q2 — Top 5 deals to know
By Rachel Popa
T
he U.S. health services industry generated 200
deals for the 15th quarter in a row, including
several megadeals, according to PwC.
Here are the top five deals of the second quarter:
1. KKR's acquisition of Nashville, Tenn.-based Envi-
sion Healthcare - $9.9 billion
2. Welltower's acquisition of Quality Care Properties
- $4 billion
3. WellCare Health Plan's acquisition of Detroit-
based Meridian - $2.5 billion
4. Summit Partner's acquisition of Sound Inpatient
Physicians Holdings - $2.2 billion
5. Home Health & Hospice's acquisition of Curo
Health Services - $1.4 billion n
5 new joint venture ASCs
By Angie Stewart
H
ere are five new joint venture ASCs.
1. Hartford, Conn.-based St. Francis Hospital
and Medical Center and Hartford-based
Lighthouse Surgery Holdings partnered to build the
Orthopedic and Spine Surgery Center in Hartford.
2. Morgantown, W. Va.-based Mon Health System
partnered with physicians to operate a surgery cen-
ter at its new campus in Morgantown, W. Va.
3. Lenoir, N.C.-based Caldwell UNC Health Care
and a group of eight surgeons are teaming up to
build a $7.1 million orthopedic ASC in Granite Falls,
N.C.
4. Lincoln, Neb.-based Bryan Health completed the
Lincoln-based Doctors Outpatient Surgery Center
earlier this year. The surgery center anchors the
first floor of the center. The ASC is a joint venture
between Bryan Health and 76 area physicians.
5. Construction is underway on the Fort Myers, Fla.-
based Performance Health Surgery Center, a joint
venture between Raleigh, N.C.-based Compass
Surgical Partners and five surgeons. n
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