Dallas-based Tenet Healthcare’s stock decreased in value by 51.19 percent so far in 2016. Presently, the stock is 56.6 percent below its 52-week high of $34.08.
Royal Bank of Canada lowered Toronto, Canada-based Medical Facilities Corp.’s price target to $23. The company’s market cap. totals $538.01 million.
In the third quarter of fiscal year 2016, Nashville, Tenn.-based AmSurg operated 260 ASCs and one surgical hospital, slightly more than its 253 ASCs during Q3 FY 2015.
For FY 2016, Houston-based Nobilis Health Corp. expects adjusted EBITDA to reach $53 million.
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:
SCA CEO sells 7.3k company shares: 5 facts
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Shriners Hospitals for Children prepares for relocation plans featuring 2 ASCs — 4 highlights
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.
