Foundation Healthcare sells Heritage Park Surgical Hospital stake for 9.3M, Blue Belt partners with SurgCenter Development & more — 5 key notes on ASC companies

Here are five news updates on ambulatory surgery center companies.

Tenet Healthcare completed the acquisitions of United Surgical Partners International and Aspen Healthcare, resulting in a joint venture between Tenet and Welsh, Carson, Anderson & Stowe.  

Foundation HealthCare sold its 20 percent stake in Heritage Park Surgical Hospital in Sherman, Texas, for $9.3 million. Foundation is also planning to sell its real estate ownership in Heritage's main campus by the end of 2015 for $4 million.

Blue Belt partnered with SurgCenter Development, therefore allowing SurgCenter locations to devise orthopedic robotic programs with Blue Belt 's Navio Surgical System.

Surgical Care Affiliates' stock was given an average rating of "buy" from seven analysts. The stock closed at $39.42 with SCA having a market cap of $1.55 billion.

Tenet Healthcare's stock traded at $52.62 per share during the week of June 15 to June 19, an increase of 1.58 percent.

 

If you have a question, issue or note to suggest on an ASC management and development company please contact Carrie Pallardy at cpallardy@beckershealthcare.com or Mary Rechtoris at mrechtoris@beckershealthcare.com.

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