November 2018 M&A Spotlight: Bethesda Radiology Associates Acquired
Written By: Eric Murphy, Managing Director, NKF Global Healthcare Services
Bethesda Radiology Associates operates a radiology center in Boynton Beach, Florida. The company offers various radiology services performed during surgery for outpatients, inpatients, and emergency departments. MEDNAX acquired Bethesda Radiology Associates to bring unified radiology services to Baptist Health's patients.
Average MOB Deal Size Of $11.9 Million For October 2018
Written By: Will Burnette, Senior Financial Analyst, NKF Global Healthcare Services
Eighty five medical office building transactions closed in October, totaling over $897.5 million or 2.85 million square feet. New York had the most medical office building transactions with 11 (13% of total), followed by California and Arizona both with 9 sales (10.6% of total). The average deal size was $11.9 million.
Healthcare disruptors are coming in different packages these days. CVS' acquisition of Aetna combines payer, provider, and pharmacy. Private equity is chasing large physician practices, and Apple is hiring doctors. Who would have thought the employment model for physicians may very well be a technology company or CVS/Aetna?
PwC's Health Research Institute believes 2019 is the year the "New Health Economy" will finally become a reality.
The past year marked record interest in the healthcare industry, especially from outside forces like venture capitalists and business giants like Amazon, Berkshire Hathaway and JP Morgan Chase.
