36
JOINT
VENTURES
Summit Orthopedics
property sells for $29.4M
By Angie Stewart
S
ummit Orthopedics' surgery center building in Eagan, Minn.,
was sold for $29.4 million. e transaction was first reported by
the Minneapolis/St. Paul Business Journal.
Harrison Street Real Estate Capital, a Chicago investor, bought the
65,000-square-foot building, which opened in 2017, according to
Patch.
e surgery center drew an unsolicited purchase offer, Finance &
Commerce reported.
Summit Orthopedics is based in Woodbury, Minn., with over a dozen
locations.
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Hartford HealthCare plans
$5.5M multispecialty ASC
By Rachel Popa
A
$5.5 million ASC addition is in the works for a Hart-
ford HealthCare facility in Plainfield, Conn., accord-
ing to the Hartford Business Journal.
The ASC will be the newest part of a 2- year-old outpatient
center. Physicians at the center will focus on gastroenterol-
ogy, orthopedics, pain management and urology. The ASC
is scheduled to open in October 2020.
The ASC will include a patient recovery area, two operat-
ing rooms, a waiting area and two rooms for uses to be
determined.
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Private equity-backed company
invests in 2 Louisiana eyecare
practices
By Rachel Popa
E
yeSouth Partners, a private equity-backed manage-
ment company, has partnered with eyecare practices
Eyecare Associates in Metairie, La. and Lanoux &
Associates in New Orleans.
Eyecare Associates includes an outpatient surgery center in
New Orleans, a laser eye institute and an optometry prac-
tice. Lanoux & Associates is led by two ophthalmologists,
Scott Lanoux, MD and Jay LaCour, MD. Together, the prac-
tices comprise 100 staff at five locations in New Orleans
and Metairie. Both practices will continue to operate with
no changes to staff. As part of the partnership, Dr. LaCour
will join EyeSouth's physician advisory board.
EyeSouth network includes 55 locations in Alabama, Flori-
da, Tennessee, North Carolina, Georgia and Louisiana.
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