Hamilton Eye Institute Surgery Center, L.P.

What Hamilton Eye Institute Surgery Center, L.P. does

Hamilton Eye Institute Surgery Center, L.P. is a single-specialty ambulatory surgery center (ASC) founded in 2003 and located at 930 Madison Avenue, Suite 370, in Memphis, Tennessee. The center provides outpatient ophthalmic surgical services for infants, children, and adults, including cataract surgery, glaucoma treatment, corneal transplants, laser surgery, retinal detachment repair, strabismus correction, and cosmetic oculoplastic procedures. Anesthesia is provided through a contractual relationship with Memphis Anesthesia Group anesthesiologists trained in adult and pediatric care.

The facility is organized as a limited partnership affiliated with Methodist Le Bonheur Healthcare, Hamilton Eye Institute at the University of Tennessee Health Science Center, and Baptist Memorial Health Care, with AAAHC accreditation and CMS quality reporting participation. Revenue is generated primarily through facility fees billed to insurance for outpatient surgical procedures, supplemented by transparent cash-pay pricing for uninsured or self-pay patients; surgeon, anesthesiologist, and pathology fees are billed separately. The center's technology stack is limited to conventional surgical equipment and a third-party online patient registration system (One Medical Passport), with no proprietary software or AI-enabled systems.

Distribution is driven by physician referrals, with the center actively cultivating community awareness through the annual Ivan Marais Cataract-A-Thon (held since 2017), which has provided free cataract surgery to more than 130 individuals across Tennessee, Arkansas, Mississippi, and Missouri. In 2023, the center was named one of only 27 Top Ambulatory Surgery Centers nationally by The Leapfrog Group, reporting a 93% patient satisfaction score for overall facility experience and a 100% normothermia rate against a 99.1% national benchmark.

Name

Hamilton Eye Institute Surgery Center, L.P.

Legal name

Hamilton Eye Institute Surgery Center, L.P.

Website

https://hamiltoneyesurgery.com

Company type

Private

Operating status

Operating

Headcount range

1–10 employees

Short description

Hamilton Eye Institute Surgery Center is a single-specialty ambulatory surgery center in Memphis, Tennessee that provides outpatient ophthalmic surgery — including cataract, glaucoma, retinal, and pediatric procedures — to patients referred by physicians and covered primarily through insurance.

Ownership category

akta.pro rank

Product category

Ambulatory Surgery Center (Ophthalmology)

NAICS

Freestanding Ambulatory Surgical and Emergency Centers (621493)

SIC

Services-Specialty Outpatient Facilities, Nec (8093)

akta.pro primary industry

Ophthalmology Surgery Centers (HLAFAIAF)

akta.pro secondary industries

Ambulatory Surgery Centers (Ophthalmic/Outpatient Eye Surgery) (HLAKAKAO), Single-Specialty ASCs (HLAFAIAB), Ophthalmology Clinics (Medical & Surgical Eye Care) (HLAKAKAC)

Keywords

• Ophthalmology surgery
• Ambulatory surgery center
• Cataract surgery
• Glaucoma treatment
• Eye care services

Headquarters

HQ city

Memphis

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Technology or R&D, Marketing or Sales

Revenue model

1. Outpatient Surgical Services: The surgery center generates revenue through providing outpatient ophthalmic surgical procedures, billed primarily through insurance. The facility fee covers the use of the surgery center, while separate fees apply for surgeons, anesthesiologists, pathologists/lab services.
2. Cash-Pay Services: The center offers cash pricing options for patients without insurance or those seeking to pay out-of-pocket for procedures.

Pricing tiers

Go-to-market motion2 records

Distribution channels1 record

Marketing channels3 records

Core offering

Hamilton Eye Institute Surgery Center is a single-specialty ambulatory surgery center in Memphis, Tennessee that provides outpatient ophthalmic surgical procedures including cataract surgery, glaucoma treatment, corneal transplants, laser surgery, retinal detachment repair, strabismus correction, and cosmetic eye procedures. It operates as part of the Methodist Le Bonheur Healthcare system and is staffed by ophthalmic surgeons, anesthesiologists from Memphis Anesthesia Group, and surgical technologists specializing in adult and pediatric eye care. Supporting patient services include online pre-registration (One Medical Passport) and the annual Cataract-A-Thon free surgery program for uninsured and underinsured patients.

Product overview

Hamilton Eye Institute Surgery Center is a single-specialty ambulatory surgery center (ASC) specializing in ophthalmology located in Memphis, Tennessee. The center operates as part of Methodist Le Bonheur Healthcare and offers a unified set of outpatient surgical services centered on eye care, including diagnostic, therapeutic, and surgical ophthalmology procedures for infants, children, and adults. The center's core offerings include ophthalmology surgery services (cataract, glaucoma, corneal transplant, laser, retinal), anesthesiology for sedation and anesthesia during procedures, and cosmetic surgery services. Supporting patient services include One Medical Passport for online pre-registration and the annual Cataract-A-Thon community outreach program providing free surgeries. The center does not operate a software product or platform—it is a healthcare service provider.

Differentiator

Problem solved

Functional benefit

Products and services

• Ophthalmology Surgery Services

Quantifiable outcome

• 93% patient satisfaction for Overall 'Best Facility Possible' (2023 YTD)
• +4 more outcomes

Named customers2 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Nine partnerships are on record, tiered core, minor and major.

• Methodist HealthcarecoreStrategic or Co-development PartnerMethodist Le Bonheur Healthcare affiliation provides organizational oversight and alignment with faith-based mission. The surgery center's mission is supported by the health ministries and social principles of The United Methodist Church.
• Hamilton Eye InstitutecoreStrategic or Co-development PartnerAffiliated eye institute at UTHSC provides ophthalmology instruction and physicians who perform surgeries at the surgery center. Named after Ivan Marais, MD.
• Memphis Anesthesia Group (MAG)coreImplementation/ SI/ Consulting PartnerProvides anesthesiologist services for all surgical cases at the surgery center. All anesthesiologists have special training in adult and pediatric anesthesia.
• Baptist Memorial Health CareminorStrategic or Co-development PartnerAffiliated healthcare system in the Memphis area.
• Mid-South Lions Sight and Hearing ServicemajorStrategic or Co-development PartnerIdentifies individuals from Tennessee, Arkansas, Mississippi, and Missouri in need of cataract surgery for the annual Cataract-A-Thon event.
• AlconminorOthersMedical equipment and pharmaceutical company providing support for the Cataract-A-Thon event.
• American Society of Cataract and Refractive SurgeryminorOthersProfessional medical society providing support for the Cataract-A-Thon.
• Accreditation Association for Ambulatory Health Care (AAAHC)coreOthersProvides accreditation to the surgery center, demonstrating commitment to safe, high-quality services. Accredited organization recognized by third-party payors, medical associations, and government agencies.
• Centers for Medicare and Medicaid Services (CMS)coreOthersThe surgery center participates in CMS quality reporting programs and is approved as a Medicare provider.

Scale indicators6 records

Recent moves5 records

Expansion highlights3 records

Direct peers

• Eye Health America: PE-backed (Bain Capital) ophthalmology services platform operating clinics and ASCs across the Southeast. Directly comparable as an ophthalmology-only ASC operator with a physician-partner model and regional consolidation strategy.
• U.S. Eye: PE-backed (Kohlberg & Company) ophthalmology-focused platform operating practices and surgery centers across the Southeastern U.S. Most directly comparable as an ophthalmology-only single-specialty ASC strategy with regional consolidation intent.
• Sunvera Group: Ophthalmology management services and ASC platform partnering with practices in the Midwest and Mid-South. Comparable as a closely aligned specialty ASC operating model with growth ambitions in Hamilton's neighboring geographies.
• Medical Facilities Corporation: Specialty surgical facility operator focused on ophthalmology and other single-specialty ASCs. Comparable as a publicly traded specialty surgery center operator, useful for benchmarking margins, payer mix, and single-specialty economics.
• Comprehensive EyeCare Partners: PE-backed (Cressey & Company) ophthalmology and optometry services platform with practices and ASCs in the Western and Midwestern U.S. Comparable as an ophthalmology-focused ASC consolidator competing for physician practice acquisitions.

Broad incumbents

• Surgery Partners: Public ASC operator (NASDAQ: SGRY) running a national network of surgical facilities including single-specialty and multi-specialty centers. Comparable as a benchmark for ASC operating economics, payer contracting, and consolidation strategy, although it serves a much broader case mix than Hamilton's ophthalmology-only focus.
• AmSurg: Pioneer in the ASC operating model with a large national network of single-specialty and multi-specialty centers. Comparable in operating model and physician-partnership governance, although materially larger in scale and case mix diversity.
• United Surgical Partners International (USPI): Tenet subsidiary operating the largest network of ambulatory surgery centers in the U.S. USPI is comparable as a hospital-affiliated ASC platform model similar to Hamilton's Methodist Le Bonheur affiliation, although it spans multiple specialties.
• Regent Surgical Health: ASC management and development company operating single- and multi-specialty centers nationwide, often under hospital joint ventures. Comparable to Hamilton's hospital-partnered ASC model and physician-ownership governance structure.
• SCA Health: Optum/UnitedHealth-owned ASC operator with a national footprint and significant ophthalmology presence. Comparable as a large, payer-aligned ASC operator competing for the same payer contracts and physician referrals in the outpatient surgical space.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/hamilton-eye-institute-surgery-center-l.p.

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Hamilton Eye Institute Surgery Center, L.P.