$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 firstname.lastname@example.org or Laura Dyrda at email@example.com.
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