Issue link: https://beckershealthcare.uberflip.com/i/1487345
40 TRANSACTIONS Surgeon sells Arkansas ASC building for $2.6M By Marcus Robertson J ohn Kendrick, MD, sold the building housing the Springdale, Ark.-based Minimal Access Surgery Clinic for $2.6 million, Arkansas Business reported Sept. 26. A real estate firm bought the 13,156-square-foot facility, the report said. Dr. Kendrick runs the practice, which offers services in general surgery, pediatrics, lab, ultrasound, endoscopy and biopsies. n Physician group acquires $44.5M California medical office building By Patsy Newitt A medical office building in San Francisco was sold for $44.5 million, REBusiness reported Sept. 23. Pan-Med Enterprises, a group of physicians that operates practices at the property, acquired the five-story building. They were represented by CBRE Capital Markets. The 97 percent-leased building features an outpatient radiology lab, testing lab, pharmacy and health resource center. n EyeSouth Partners to be purchased by private equity firm By Carly Behm P rivate equity firm Olympus Partners inked an agreement to acquire ophthalmology management services organization EyeSouth Partners. EyeSouth Partners' network spans 11 states and covers more than 155 locations. The more than 270 physicians with EyeSouth Partners will remain investors along with Olympus and management, the private equity firm said in a Sept. 30 news release. Olympus Partners was founded in 1900 and manages in excess of $8.5 billion in industries from healthcare to manufacturing. n Kaiser Permanente expands ASC presence: 3 updates this year By Claire Wallace F rom a new Maryland ASC to a potential California addition, here are three ASC updates from Oakland, Calif.-based Kaiser Permanente that Becker's has reported on this year. 1. Kaiser Permanente opened a Lutherville-Timonium, Md., outpatient-focused medical center with a three- operating-room ASC. 2. Kaiser Permanente may convert a 242,900-square-foot San Jose, Calif., hospital into an ASC. 3. Kaiser Permanente submitted applications to build a second ASC in Folsom, Calif. n National Medical Billing Services inks acquisition to expand ASC revenue offerings By Patsy Newitt N ational Medical Billing Services has acquired MedTek, an ASC revenue cycle management provider, the company said Oct. 25. MedTek was founded in 2001 and offers medical transcription, coding, billing and other soware products to ASCs in nearly 50 states. It employs more than 100 surgical coders through a management tool and interactive dashboard. e acquisition will enhance RCM company National Medical Billing Services' offerngs for ASCs, surgical practices and anesthesia groups. e deal marks National Medical Billing Services' fourth transaction since January 2021, including a partnership with private investment firm Aquiline Capital Partners. "We are constantly evaluating strategies to add value for clients, and we are ecstatic to partner with the MedTek team to further expand our offering," Nader Samii, National Medical's CEO said in a news release shared with Becker's. "MedTek brings unmatched, ASC- specific medical transcription, surgical coding and related revenue cycle soware and services, which are all extremely complementary to National Medical's existing portfolio." n