Here are five updates on ASC companies.
Tenet Healthcare and Dignity Health and Ascension formed a joint venture to own and operate Carondelet Health Network in Arizona. Tenet's shares dropped 6.18 percent during the week of Aug. 31 to Sept. 4, according to Insider Trading Report.
Nine analysts firms gave Surgical Care Affiliates stock a consensus "hold" rating. The stock has an average 12-month price target of $40.57 per share.
Hospital Corporation of America reported a profit of $507 million on $9.9 billion in revenue in the second quarter of FY 2015. The company's shares dropped 3.84 percent during the week of Aug. 31 to Sept. 4 and dropped 6.61 percent in the last four weeks, according to News Watch International.
AmSurg is expected to report $0.90 in earnings for the current fiscal quarter. Sell-side analysts estimate mean earnings per share for the year of $3.64.
Medical Facilities reported $0.20 earnings per share for its quarterly earnings.
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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