Envision shares down after UnitedHealthcare contract termination news — 4 insights

After news broke that UnitedHealthcare would terminate its contract with Envision Healthcare, market investors scrambled to cash out, causing the stock to drop 4.6 percent since its April 10 open. 

Advertisement

Here’s what you should know.

1. Envision opened April 10 at $39.01.

2. The stock was at its lowest at 3:48 p.m. when it hit $35.70.

3. The stock opened April 11 at $35.91, and then rebounded to $37.61.

4. The stock closed at $37.19 April 11.

More articles on transactions/valuations: 
8 hospitals, health systems opening or planning ASCs
NueHealth shakes up leadership team & more — 9 ASC company key notes
Pain Specialists of Southern Oregon to open new ASC: 4 key points.

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.

Advertisement

Next Up in ASC Transactions & Valuation Issues

  • Amsurg has acquired Capital Surgery Center in Baton Rouge, La., marking the Nashville, Tenn.-based ASC operator’s eighth facility in Louisiana…

Advertisement

Comments are closed.