Surgical Care Affiliates’ net income attributable to SCA hit $5.7 million during the second quarter of 2016, up 25.1 percent from the same period of 2015.
During the second quarter, Medical Facilities Corp.’s income from continuing operations reached $13.8 million, a 13.9 percent decrease from $16 million during the second quarter last year.
AmSurg acquired four ASCs during the second quarter. The company disposed of two ASCs and deconsolidated one ASC during the quarter and had four ASCs under letter of intent as of June 30, 2016, three of which have now been purchased and one of which is under development.
For the first half of 2016, Surgery Partners’ total revenue reached $556.8 million, a 21.8 percent increase from $457 million during the same period of 2015.
During the second quarter, case volume at Nobilis Health facilities increased 5.4 percent to 4,863 cases.
Tenet Healthcare expects revenue to fall between $19.5 billion and $19.8 billion for 2016.
During the week of Aug. 8 to Aug. 12, Hospital Corporation of America shares rallied 1.1 percent, reaching $76.64 per share.
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.
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4 new joint venture ASCs — July/August 2016
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.