For the third quarter, Surgery Partners’ adjusted EBITDA rose 148 percent to $39.9 million, compared to $16.1 million for the same period last year.
Medical Facilities Corp. reported a payout ratio of 89.8 percent for the third quarter, compared to 82.4 percent for the same period the year prior.
Conifer Health Solutions, a subsidiary of Tenet Healthcare, saw its EBITDA rise 30 percent to $61 million during the third quarter, a 29.8 percent increase from the third quarter of 2014.
AmSurg reported $187.4 million cash and cash equivalents for the third quarter. Net cash flows from operations, less distributions to non-controlling interests, reached $118.7 million.
During the week of Nov. 23 to Nov. 27, Hospital Corporation of America shares traded at $69.28 per share, up nearly 3 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 Mary Rechtoris at mrechtoris@beckershealthcare.com
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