Here are seven recent ambulatory surgery center company news updates.
Tenet Healthcare and Welsh, Carson, Anderson & Stowe signed an agreement for Tenet and United Surgical Partners International to form a joint venture. The combined companies will own interests in 244 ASCs, 20 imaging centers and 16 surgical hospitals in 29 states.
Surgical Care Affiliates launched an underwritten public offering of 7 million shares of its common stock.
Twelve analysts have raised their rating of AmSurg stock to "buy." The average 12-month price target on the company stock within the last year is $60.67
Medical Facilities Corporation announced its fourth quarter and year-end financial results. MFC reported consolidated facility service revenue of $311.8 million for 2014, a 0.9 percent increase from $309.2 million in 2013. Consolidated facility service revenue for the fourth quarter of 2014 was down 2.2 percent from $89.6 million in the fourth quarter of 2013 to $87.6 million.
MFC also announced a cash pay dividend of Cdn$0.09375 per common share.
Michael Lipomi, president and CEO of Surgical Management Professionals, is running for the Ambulatory Surgery Center Association board of directors.
Tenet Healthcare stock traded at $49.63 per share during the week of March 16 to March 20, up 4.95 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 Laura Dyrda at ldyrda@beckershealthcare.com.