A total of 71 medical office building transactions closed in the month of March, totaling over $537 million or 1.99 million square feet. California had the most medical office building transactions with 12 (17% of total), followed by Florida with 9 (13% of total).
A total of 6 hospitals and 16 physician groups were acquired in April 2018. Florida Hospital Ocala, Inc. acquired Munroe Regional Medical Center, a 421-bed hospital in Ocala, FL. Optum acquired Reliant Medical Group, a physician group with 230 physicians in Worcester, MA.
Boca Raton (Fla.) Regional Hospital pared down the list of potential affiliates to two health systems: Cleveland Clinic and Coral Gables-based Baptist Health South Florida, the 400-bed hospital announced May 11.