SurgCenter Development to open $2M JV surgery center, Physicians Endoscopy acquires 40th center & more – 6 ASC company key notes

Here are six recent ambulatory surgery center company news updates.

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The Jefferies Group reiterated its “buy” rating of AmSurg stock. Cantor Fitzgerald, Goldman Sachs and Zacks also have a “buy” rating on the stock

Hospital Corporation of America stock traded at $82.46 per share during the week of June 8 to June 12, up 2.07 percent.

HCA Midwest Health, based in Kansas City, Mo., will open its SurgiCenter of Kansas City in a larger location on June 23.

Physicians Endoscopy acquired a minority interest in Garden State Endoscopy Center. Physicians Endoscopy now has 40 centers.

SurgCenter Development and a group of physicians are building a new joint venture surgery center in Athens, Ohio. The $2 million, 13,000-square-foot surgery center is in its sixth month of construction.

Tenet Healthcare stock traded at $51.82 per share during the week of June 8 to June 12, up 0.76 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.

More articles on ASC issues:
3 key thoughts on ASC M&A
7 ASCs with quick A/R turnaround
How to best optimize the value of your orthopedic ASC: Service lines, data and productivity

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.

Register to Attend Webinar

Is ambulatory care healthcare’s big margin engine? 4 leaders weigh in

Wednesday, July 29
1:00 PM - 2:00 PM CDT

Presenters: Joe Ganley, athenahealthJeffrey Flynn, CASC, Gramercy Surgery CenterBryan Tsao, Access Center, Loma Linda University HealthJason Zepeda, Northridge Hospital Medical Center, CommonSpirit HealthGreg DeConciliis, PA-C, CASC, Boston Out­Patient Surgical Suites

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