Here are five updates on ASC management companies from the past week.
Toronto-based Medical Facilities Corp. increased its surgical case volume by 7.6 percent, which contributed to its fiscal year 2016 revenue of $339.5 million.
Nashville, Tenn.-based AmSurg teamed up with Healthcare Bluebook, a website that lists healthcare providers' quality and cost information. The new partnership between AmSurg and Healthcare Bluebook provides a marketplace comparison tool for Nashville healthcare consumers that could help residents save around $50 million annually by shifting their care to the lower cost setting.
Hopkins, Minn.-based UnitedHealth Group extended the expiration date on its exchange offer for Deerfield, Ill.-based Surgical Care Affiliates' outstanding shares to March 24, 2017.The offer was originally set to expire on March 21, 2017.
Zacks upgraded Nashville, Tenn.-based Surgery Partners shares from a "hold" to a "buy" rating during the week of March 20 to March 24, 2017. Surgery Partners has a one-year low of $11.76 and one-year high of $22.85.
Dallas-based Tenet Healthcare Corp.'s hospital segment had net operating revenue of $4.14 billion for the fourth quarter of FY 2016.
If you have a question, issue or note to suggest on an ASC management and development company please contact Mary Rechtoris at mrechtoris@beckershealthcare.com.