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
Northwell Health completes 7th ASC JV; Acquires 70% stake in Suffolk Surgery Center — 6 things to know
Shriners Hospitals for Children prepares for relocation plans featuring 2 ASCs — 4 highlights
