Envision Healthcare’s operating expenses jump 191.4% in first half of 2017 & more — 5 ASC company key notes

Here are five updates on ASC management companies to note:

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In the first half of 2017, Envision Healthcare’s operating expenses increased 191.4 percent, higher than revenue growth of 165 percent.

Medical Facilities Corp. subsidiary Little Rock-based Arkansas Surgical Hospital is joint venturing with Ambulatory Innovation Associates on an urgent care center in Little Rock. The urgent care center will offer a host of ambulatory care procedures to meet patient demand in Arkansas.

Camber Capital Management bought a 5.7 percent stake in Tenet Healthcare, causing the company’s shares to jump 18.55 percent Aug. 21.

Surgery Partners’ second quarters revenues fell 0.5 percent, totaling $288.4 million, year-over-year.

Hospital Corporation of America second quarter cash flows from operations totaled $1.4 billion.

If you have a question, issue or note to suggest on an ASC management and development company please contact Mary Rechtoris at mrechtoris@beckershealthcare.com.

More articles on surgery centers:
Digestive Health Associates merges with University of Maryland Community Medical Group — 3 insights
6 key trends when buying and financing ASC ownership
Influx of urgent care centers, ASC coming to Massachusetts town: 4 things to know

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

160 ambulatory leaders just ranked the EHR as the single system most overdue for AI reinvention

Tuesday, August 11
12:00 PM - 1:00 PM CDT

Presenter: Gautam Shah, MBA, FACHDM, NextGen Healthcare

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