San Antonio-based University Health is expanding its outpatient footprint with a $50 million acquisition of two medical office towers tied to a recent hospital purchase, the San Antonio Express reported. In October, University Health closed its $71 million acquisition of Christus Santa Rosa Hospital—Medical Center from Irving, Texas-based Christus Health. Christus previously sold the buildings to a third party, but as part of University Health’s acquisition of the hospital, it received the right of first offer to purchase the buildings, according to the report.
Read the full article: University Health Acquiring Two Medical Towers for $50M //
Source: https://www.beckershospitalreview.com/hospital-transactions-and-valuation/university-health-acquiring-two-medical-towers-for-50m/