$2.35B AmSurg-Sheridan deal completion, 9% rise in HCA revenue, Northstar's $15.1M in Q2 revenue & more – 7 recent key notes on ASC companies
AmSurg completed the $2.35 billion acquisition of anesthesia provider Sheridan Healthcare, a transaction plan originally announced in May.
Hospital Corporation of America expects revenues from the second quarter of this year will be $9.23 billion, up 9 percent from $8.45 billion in the second quarter of last year.
Northstar Healthcare reported $15.1 million in estimated revenue for the second quarter of this year, up from $9.2 million in the second quarter of 2013.
Covenant Surgical Partners signed an agreement with ASCPro in which ASCPro will provide all of the company's ASCs with a compliance document management application.
Foundation Healthcare completed a new $27.5 million term long and a $2.5 million revolving credit facility. The seven-year term loan is price at 30-day LIBOR plus 4.25 percent. The revolving credit facility is priced at 30-day LIBOR plus 3.75 percent.
Orthopaedic Associates of Maryland Surgery Center and Ellicott City Ambulatory Surgery Center merged and consolidated operations in Ellicott City, Md. The merger is a joint venture between Merritt Healthcare and 14 physician partners.
United Surgical Partners International and Mercy Medical Center partnered to acquire a majority interest in Siouxland Surgery Center in Dakota Dunes, S.D.
If you have a question, issue or note to suggest on an ASC management and development company please contact Carrie Pallardy at email@example.com or Laura Dyrda at firstname.lastname@example.org.
More Articles on ASC Leaders:
8 ASC Industry Gastroenterologist Leaders to Know
100 ASC Industry Physician Leaders to Know
107 ASC Administrators to Know
© Copyright ASC COMMUNICATIONS 2016. Interested in LINKING to or REPRINTING this content? View our policies by clicking here.
To receive the latest hospital and health system business and legal news and analysis from Becker's Hospital Review, sign-up for the free Becker's Hospital Review E-weekly by clicking here.
- How one Miami-based ASC increased its EBITDA by 90% — 4 key strategies
- Eye care center selects Compulink's EHR system — 6 quick points
- Olympus under fire again, Exact Sciences' Q2 2016 revenue totals $21.2M & more — 5 GI company key notes
- Gastroenterologist & former UCLA medical school dean Dr. Sherman Mellinkoff dies: 4 things to know
- 5 trends in healthcare payment reform: Does price transparency help or hurt?