6 Recent Key Notes on ASC Management & Development Companies – AmSurg, SCA, Symbion & More

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

Physician's Eye Surgery Center of Charleston (S.C.) has joined AmSurg. Ten physicians perform procedures at the surgery center.

Harry L. Ware Jr., administrator of Boozman-Hof Eye Surgery and Laser Center, and John D. Crister, administrator of The Montgomery Eye Surgery Center, have received the certified ophthalmic executive designation. Both surgery centers are affiliated with AmSurg.

Medical Facilities Corporation announced $73 million in consolidated facility service revenue, a total of $73 million, for the third quarter of 2013. The company's consolidated income from operations increased 20 percent to $19.3 million.

Buddy Bacon, the former CEO of Meridian Surgical Partners, has been named the CEO of MediTract, a large healthcare contract management company. Mr. Bacon co-founded Meridian Surgical Partners.

For the third quarter of 2013, Surgical Care Affiliates has reported an 8 percent increase in revenue from $180.8 million to $195.1 million, excluding revenue from facilities in which the company has a non-controlling interest. Net operating revenues, including all SCA facilities, increased 18 percent in the third quarter.

Symbion has reported $4.2 million in income from continuing operations for the third quarter of 2013. Revenue rose 4 percent to $129 million and revenue per case increased more than 5 percent. In the third quarter, Symbion purchased a majority share in a California surgery center and a 20 percent share in a Tennessee ASC.

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:
Consolidation in Healthcare: Should ASCs Join In?
10 Hospitals & Health Systems Recently Opening & Planning Surgery Centers
6 Recent Leadership Moves & Accomplishments in the Surgery Center Industry

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