Revelstoke Capital Partners subsidiary CEI Vision Partners entered into partnerships with Retina Physicians and Surgeons and Dayton Eye Associates, the Bristol Herald Courier reports. Both are based in Dayton, Ohio.
ASC Transactions & Valuation Issues
Surgery Partners closed an incremental term loan of $180 million.
Gittleson Zuppas Medical Realty is seeking a lessee for the Bethesda, Md.-based Bedford Building, a medical facility with an outpatient surgery center.
Here are eight updates on ASC companies and industry-relevant companies to note:
Athens, Ga.-based EyeSouth Partners signed off on a strategic partnership with Marietta, Ga.-based Cobb Eye Center, expanding into the Marietta and northwest Atlanta markets.
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Hospital and health system transactions slowed in the third quarter of 2018, after a record-breaking level of mergers and acquisitions in 2017, according to a Kaufman, Hall & Associates report.
Tarrant County Commissioners requested an $800 million bond to help fund $1.2 billion in projects for Fort Worth, Texas-based JPS Health Network, the Star-Telegram reports.
Nashville, Tenn.-based Envision Healthcare (AmSurg) purchased Decatur (Ill.) Radiology Physicians.
Minnetonka, Minn.-based UnitedHealth Group reported 12 percent year-over-year growth in revenues for the third quarter, reaching $56.6 billion, while Eden Prairie, Minn.-based Optum's revenues grew by $2.5 billion year-over-year to reach $25.4 billion.
Tony Kilgore, CEO of Surgical Care Affiliates, discusses the biggest challenges and best opportunities for the company going forward.