Edition:
United States

Medical Facilities Corp signs to buy Indiana physician-owned hospital


Friday, 15 Jul 2016 07:30am EDT 

Medical Facilities Corp : Medical Facilities Corporation signs letter of intent to acquire physician-owned hospital in indiana and acquires underlying real estate . Medical Facilities Corp says deal valued at $26.63 million . Also announced that it has purchased an 84 percent indirect interest in unity's real estate for US$27 million . Acquisition is expected funded by available cash and a draw on company's credit facility. . Medical Facilities Corp says deal would be funded by available cash and a draw on company's credit facility . Remaining ownership will be held by practicing physicians at unity .Unity's real estate acquisition was funded from available cash and a $20 million draw on company's credit facility..