$590M AmSurg Stock Offering Proceeds, USPI Acquisition & More – 5 Recent Key Notes on ASC Companies

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

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United Surgical Partners International acquired a 55 percent interest in Somerset Ambulatory Surgery Center in Somerville, N.J.

AmSurg completed its concurrent public offerings of common stock and mandatory convertible preferred stock. The company earned approximately $590 million in net proceeds, according to a Street Insider report.

In the first quarter of 2014, Foundation Healthcare patient services revenue rose 23 percent to $19.5 million.

As of July 11, Medical Facilities Corporation stock traded at Cdn$17.06 per share, up 0.06 percent.

Tenet Healthcare stock traded at $47.85 per share during the week of June 30 to July 3, up 2 percent.

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 Dyrda at ldyrda@beckershealthcare.com.

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At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.

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