December 2018 M&A Spotlight: Guardian Health Services Acquired
Written By: Eric Murphy, Managing Director, NKF Global Healthcare Services
Guardian Health Services is based in Hickory, NC and provides nursing care, home health aides, and therapy services. It was acquired by LifePoint Health, a subsidiary of RCCH HealthCare Partners, for an undisclosed amount.
A wise friend of mine once said, "Follow the Disruptors, they will change the world," and to some degree, he was entirely right. Apple and many others have changed the world. In healthcare, where will this take us? How will the landscape change in 2019? With Apple announcing a list of healthcare institutions that support health records on the iPhone, could they become the universal electronic health records provider?
Over $900.7M in MOB Transactions for November 2018
Written By: Will Burnette, Senior Financial Analyst, NKF Global Healthcare Services
Eighty one medical office building transactions closed in November, totaling over $900.7 million or 2.9 million square feet. Texas had the most medical office building transactions with 10 (11.8% of total), followed by Illinois with 8 sales (9.4% of total). The average deal size was $11.8 million.
From Amazon and Apple opening clinics to Uber launching a medical transit program, technology giants spent 2018 moving into the health care space. Many of these initiatives are still in very early stages, but they'll continue to grow in 2019, and some of them may have an impact on Americans' health care experiences as soon as this year.