SCA acquires 7 facilities in Q2 2015, HCA shares fall 0.03% & more — 6 key notes on ASC companies

Here are six updates on ASC companies.

Founder, Portfolio Management and CEO of hedge fund Glenview Capital Management Larry Robbins, increased his stake in Tenet Healthcare by more than 11 percent.

Tenet Healthcare's ambulatory care EBITDA reached $49 million during the second quarter of 2015, up 88.5 percent from $26 million in the same period the year prior.

Hospital Corporation of America traded at $77.91 per share, down 0.03 percent during the week of Oct. 5 to Oct. 9.

Surgical Care Affiliates acquired seven new facilities in the second quarter of 2015. Of the seven facilities, five were consolidated and two were not consolidated. SCA owned or managed 193 facilities as of August 4, 2015. 

AmSurg's net revenue for ambulatory services increased 12 percent to $311 million for the second quarter of 2015 from $287.2 million in the second quarter of 2014.

Medical Facilities Corporation reported revenue of continuing operations of $73.6 million during the second quarter of 2015, up 3.4 percent from the second quarter of 2014.

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

Copyright © 2022 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.

 

Featured Webinars

Featured Whitepapers

Featured Podcast