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Surgery Partners outlook, USPI leadership move & more – 5 recent key notes on ASC companies

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

The $792 million Surgery Partners and Symbion deal is expected to close in the fourth quarter of this year. Moody's Investors Services gave Surgery Partners a 'B3' rating. Moody's attributed its rating to the company's high level of debt, but offered a positive outlook on the company's place in a growing industry. Standard & Poor's Ratings Service predicts moderate cash flow and stable margins, but mentioned the risk of integration on such a large scale.

In the closing of the $2.35 billion Sheridan Healthcare acquisition, AmSurg paid approximately $2.1 billion in cash and issued 5.7 million shares of common stock.  

Harold L. Paz, MD, a United Surgical Partners International board member, will join Aetna as executive vice president and chief medical officer.

Hospital Corporation of America stock traded at $62.44 per share during the week of July 14 to 18, up 11.62 percent.

Medical Facilities Corporation announced a cash pay dividend of $Cdn$0.09375 per common share, while will be payable on August 15.

If you have a question, issue or note to suggest on an ASC management and development company please contact Carrie Pallardy at This email address is being protected from spambots. You need JavaScript enabled to view it. or Laura Dyrda at This email address is being protected from spambots. You need JavaScript enabled to view it. .

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