4 updates on SCA’s Q4 sentiment report

Surgical Care Affiliates’ institutional sentiment fell in the fourth quarter last year, according to Weekly Register.

Advertisement

Here are four updates:

1. The company’s institutional sentiment plummeted to 0.95.

2. Seventy-eight hedge funds sold or reduced its holdings in SCA in the fourth quarter.

3. Seventy-four hedge funds opened new holdings or boosted its position in the company.

4. Since July 5, 2016, SCA has underperformed the S&P 500 by 16.7 percent.

More articles on surgery centers:
Premier Surgery Center of Sarasota building sells for $4.4M: 5 things to know
How to set up total joint and spine programs at ASCs — and what to expect from insurers in 3-5 years
4 recent ASC acquisitions — June 2017

At the Becker's 23rd Annual Spine, Orthopedic and Pain Management-Driven ASC + The Future of Spine Conference, taking place June 11-13 in Chicago, spine surgeons, orthopedic leaders and ASC executives will come together to explore minimally invasive techniques, ASC growth strategies and innovations shaping the future of outpatient spine care. Apply for complimentary registration now.

Advertisement

Next Up in ASC Transactions & Valuation Issues

  • Atlanta-based United Digestive is planning an ASC in Watkinsville, Ga., focusing on organic growth to expand its network. The newly-constructed,…

  • At least 25 ASCs have closed over the past five years, a pattern of attrition driven by financial strain, staffing…

  • As the ASC industry continues to grow alongside new waves of surgical innovation, patient preferences and shifts to value-based care,…

Advertisement

Comments are closed.