SCA, Symbion, Northstar Healthcare & More – 5 Recent Key Notes on ASC Companies

Here are five recent news updates on ambulatory surgery center companies.

For the first quarter of 2014, Surgical Care Affiliates reported that total net operating revenues, excluding facilities in which the company does not own a controlling interest, increased 2.1 percent from $192 million to $196 million.

Symbion reported $133.97 million in first quarter 2014 revenue, up from $130.38 million in the first quarter of 2013. The company also reported an increase in operating expenses, rising from $109.82 million in the first quarter of 2013 to $112.62 million in the first quarter of 2014.

Medical Facilities Corporation reported $72.9 million in first quarter 2014 revenue, which is consistent with revenue reported in the first quarter of 2013.

Northstar Healthcare reported first quarter 2014 net patient service revenue of $121.1 million, up 194.1 percent from $4.1 million in the first quarter of 2013.

SurgCenter Development and a group of physicians opened the multispecialty Monocacy Surgery Center in Frederick, Md.

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 Miller at lmiller@beckershealthcare.com.

More Articles on ASC Issues:
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Morsani ASC Medical Director Gets Lifetime Achievement Award: 5 Things to Know

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