ASC Transactions & Valuation Issues

Brentwood, Tenn.-based Surgery Partners reported a slight revenue increase in the fourth quarter of 2018, as well as significant revenue growth for the full year.

Healthcare acquisition and management company New Manna Augusta bought Casper, Wyo.-based Summit Medical Center, which was previously a physician-owned hospital, March 1, according to the Casper Star Tribune.

U.S. Urology Partners was launched with funding from private investment firm NMS Capital and forged its first practice partnership.

Montgomery & Riddle Eyecare and Donelson Eye Associates will begin operating under the Clemson Eye brand this spring. Each practice is based in the Greenville, S.C., area.

Columbus (Ind.) Regional Health Physicians purchased the building housing New Albany-based Southern Indiana Gastroenterology's former practice for $600,000 March 1, The Republic reports.

United Surgical Partners International, AmSurg, Surgical Care Affiliates, SurgCenter Development and Surgery Partners have made significant changes in the past year and are looking to new strategic opportunities in the future.

Here are eight updates on ASC companies and industry-relevant companies to note:

SCF RC Funding IV purchased the building housing Little Rock-based Arkansas Maxillofacial Surgery Center for nearly $2.5 million, the Arkansas Democrat Gazette reports.

Kokomo (Ind.) Surgical Group joined the 1,000-member provider group Community Physician Network, according to Kokomo Perspective.

Portland-based Maine Medical Center plans to build a $59 million, 108,000-square-foot medical office building in Scarborough, Maine, the Press Herald reports.