7 Recent Key Notes on ASC Management & Development Companies – Amsurg, HCA, SCA & More

Here are seven recent news updates on ambulatory surgery center management and development companies.

Phillip A. Cledenin, executive vice president of Amsurg, recently sold 1,500 shares in the company at an average price of $43. The entire transaction, legally disclosed in a filing with the Securities & Exchange Commission, was a total of $64,500.

Harry Eugene Sarles, Jr., MD, has been elected as the 2013-2014 president of the American College of Gastroenterology. Dr. Sarles is an Amsurg physician.

Murtaza Parekh, MD, of Raleigh (N.C.) Endoscopy Center received an American College of Gastroenterology Auxiliary Award for his research study on CRNS propofol sedation in ambulatory endoscopy centers. Dr. Parekh is a partner with Amsurg.

Hospital Corporation of America has announced Kohlberg Kravis Roberts & Co. and Bain Capital Partners will sell 30 million shares of its common stock. Based on HCA's trading price on Oct. 29, Bain Capital and KKR will receive $1.43 billion from the sale.

Medical Facilities Corporation has announced that it will release its 2013 third quarter financial results on Nov. 14.

Vanguard Surgical Center in Maywood, N.J., has selected PriorityOne Group for its IT implementation and management. The surgery center is managed by Murphy Healthcare.

Last week, Surgical Care Affiliates' stock price rose 15 percent from $24 per share to $27.60. SCA shares are currently trading on the NASDAQ Global Select Market with the ticker symbol SCAI.

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:
6 Recent Surgery Center Announcements, Openings & Expansions
4 Approaches to Improve ASC Profits Now
Pennsylvania Adds 10 ASCs in 2012, Sees $1.1B in Net Outpatient Revenue

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