ASC Transactions & Valuation Issues

Montecito Medical Real Estate closed on a multiholding medical office building portfolio transaction, according to Harpeth Capital.

Here are six hospitals and health systems that opened or announced ASCs in February:

Here are four joint venture ASCs opened or announced in February:

Holland (Mich.) Hospital is spending $2.5 million to renovate its medical office building, Grand Rapids Business Journal reports.

King of Prussia, Pa.-based The Physicians Integrated Network joined West Reading, Pa.-based Tower Health's multispecialty physicians network, the Philadelphia Business Journal reports.

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.