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.
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