USPI, Hospital for Special Surgery opening an ASC & more — 6 ASC company key notes

Here are six updates on ASC management companies to note:

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United Surgical Partners International, a subsidiary of Dallas-based Tenet Healthcare, partnered with New York City-based Hospital for Special Surgery to open an ASC in West Palm Beach, Fla.

Tampa, Fla.-based Physician Partners of America will open its eleventh pain clinic in Wellington, Fla., Jan. 15.

Surgery Partners named Wayne DeVeydt CEO, effective immediately. Mr. DeVeydt replaced interim CEO Clifford Adlerz, and he will have a spot on the company’s board of directors. Mr. Adlerz will also remain on the board of directors.

Moody’s Investors Services extended its “B1” rating to U.S. Anesthesia Partners’ senior secured first lien term loan add on.

Avanza Healthcare Strategies, a company dedicated to guiding healthcare organizations on the process of relocating services to an outpatient setting, named Bonnie Watson a senior consultant.

Envision Healthcare issued a guidance update on its fourth quarter fiscal year 2017 earnings and announced other transactions. While the company’s final December 2017 results aren’t available yet, Envision said October 2017 and November 2017 performance met expectations. Envision expects to generate between $1.88 billion and $2.02 billion in revenue. The company expects adjusted EBITDA between $182 million and $202 million, and adjusted earnings between $0.44 and $0.54 per share.

More articles on improving performance:
How the Trump administration’s association health plan proposal affects small businesses: 6 things to know
Creating a competitive edge at your facility: The patient experience
CMS launches new quality payment program data submission system — 4 insights

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