SCA, Symbion & Foundation Healthcare Report Increased Q1 Earnings – 5 Recent Key Notes on ASC Companies
For the first quarter of 2014, Surgical Care Affiliates reported $44.4 million in cash flow from operating activities, a 7.8 percent increase from the first quarter of 2013.
Bain Capital Partners and Kohlberg Kravis Roberts & Co. will sell 29.5 million shares of Hospital Corporation of America. The sale is expected to net approximately $1.52 billion.
Foundation Healthcare reported $22.1 million in revenue for the first quarter of 2014, up 18 percent from $18.7 million in the first quarter of 2013.
Medical Facilities Corporation announced a cash pay dividend of Cdn$0.09375 per common share for the month of May.
Symbion's operating income increased 3.8 percent from $20.56 million in the first quarter of 2013 to $21.34 million in the first quarter of this year.
More Articles on ASC Issues:
4 Recent Joint Venture ASC Openings, Plans & Expansions
Combining Forces: Are ASC Mergers the Answer to the Challenging Healthcare Environment?
5 Things to Know About Outgoing ASCA President, Regent Surgical Health COO Nap Gary
© Copyright ASC COMMUNICATIONS 2012. 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.
New from Becker's ASC Review