Reading Hospital and Medical Center to Acquire Surgical Institute
WEST READING, Pa. — The Reading Hospital and Medical Center (TRHMC) of West Reading, Pa., and the Surgical Institute of Reading (SIR) jointly announced that TRHMC will acquire SIR, which will become a division of TRHMC. The transaction is expected to be completed this summer following review by the Pennsylvania Department of Health and the Pennsylvania Office of the Attorney General.
NEWPORT BEACH, Calif. — Griffin-American Health Care REIT II, formerly known as Grubb & Ellis Healthcare REIT II, acquired 10 skilled nursing facilities and one medical office building for approximately $174.3 million in January.