Blog and News

Article commentary by: Todd Perman, Executive Managing Director, NKF Global Healthcare Services

GHS is pleased to welcome an industry-leading healthcare and seniors housing team to the Newmark Knight Frank (NKF) platform. With over 25 years of combined experience, the Dallas-based team specializes in investment sales and debt and equity across senior housing, medical offices, and life sciences and hospitals. They have engaged in various prominent transactions across the U.S., including $30 billion in healthcare-related transactions. “With this additional team integrated into our existing healthcare platform,” says Todd Perman, Executive Managing Director of NKF Global Healthcare Services, “the power and impact to healthc...

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Article commentary by: Eric Murphy, Managing Director, Global Healthcare Services

Quorum Health acquired Scenic Mountain Medical Center in January 2019. Scenic Mountain Medical Center provides healthcare and emergency services based in Big Spring, TX. It provides colorectal screenings and other healthcare procedures to the community. The cash proceeds from the transaction will be used to repay outstanding principal on Quorum Health’s Term Loan Facility.

  • Headquarters: Big Spring, Texas

  • Number of Beds: N / A

  • Industry: Clinics / Outpatient Services

  • Services: Healthcare and Emergency Services

  • Acquired By: Quorum Health

  • Acquisition Date: January 7, 2019

  • Type: Merger / Acquisition

  • Deal Amount: Not Disclosed

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Article commentary by: Tina Sui, Financial Analyst, Global Healthcare Services

Eighty-four medical office building transactions closed in December 2018, totaling over $625.5 million or 2.685 million square feet. California had the most medical office building transactions with 14 (16% of total), followed by Texas with 9 sales (10% of total). The average deal size was $7.6 million. Kayne Anderson’s $74.6 million acquisition of Think Whole Person Healthcare in Omaha, NE was the largest transaction during December.

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Source: Real Capital Analytics, February 26, 2019

Article written by: Bob Herman, Axios, February 21, 2019

Americans spent $3.65 trillion on health care in 2018, according to new preliminary estimates from independent federal actuaries. That total is about the same size as Spain and Canada's entire economies — combined.

Why it matters: U.S. health spending last year was 4.4% higher than in 2017, a rate that is still growing faster than the broader economy — which means more money is being taken out of people's paychecks to pay for a system that continues to worry and frustrate patients... Read the full article here.

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Article commentary by: Todd Perman, Executive Managing Director, NKF Global Healthcare Services

President Trump mentioned various healthcare policy issues during his State of the Union, including lowering costs and ending the HIV epidemic. It’s interesting what was not mentioned - have we left the once-promised repeal and replace talk in the past? What kind of role will politics play in healthcare’s fluid and dynamic environment in 2019?

Article written by: Ayla Ellison, Becker's Hospital Review, February 6, 2019

In his State of the Union address Feb. 5, President Donald Trump touched on several health policy issues and reiterated his desire to lower healthcare costs.

Three takeaways:

1. Price transparency. During the State of the...

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Article written by: Angela Chen, The Verge, January 3, 2019

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... Read the full article here.

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Our GHS team gathered in NKF’s Atlanta office last week for our 2019 Kickoff Meeting. We look forward to a successful 2019!

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Article commentary by: Will Burnette, 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. Bulfinch’s JV with Harrison Street and National RE Advisors' $160.5 million acquisition of Clarion Partners' 10 Brookline Place in Brookline, MA was the largest transaction during November closing at a 5.1% cap rate, according to Real Capital Analytics. Further, they were the greatest buyers by volume with this purchase.

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Article commentary by: Eric Murphy, 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.

Guardian Health Services

  • Headquarters: Hickory, NC

  • Number of Beds: N / A

  • Industry: Clinics / Outpatient Services

  • Services: Elder and Disabled Care

  • Acquired By: LifePoint Health

  • Acquisition Date: December 10, 2018

  • Type: Merger / Acquisition

  • Deal Amount: Not Disclosed

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Article commentary by: Todd Perman, Executive Managing Director, NKF Global Healthcare Services

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?

Article written by: Elizabeth Gurdus, CNBC, January 15, 2019

It’s no secret that Apple has lofty ambitions in the health-care space. Now, it’s time for the company to make “a big, splashy acquisition&rdq...

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