ASCs could see 2.7% payment increase & more — 10 ASC industry notes

Here are 10 updates on ASC companies and industry-relevant companies to note: 

If CMS' 2020 proposed payment rule for ASCs and hospital outpatient departments is finalized as written, ASCs could see an average 2.7 percent payment increase over all covered procedures. Thoughts from ASCA CEO Bill Prentice.

Jamison, Pa.-based Physicians Endoscopy and Salisbury, Md.-based Peninsula Regional Health System entered into a joint venture to open Delmarva Endoscopy Center in Ocean Pines, Md. 

Physicians Realty Trust's second-quarter 2019 revenues dropped to $94.9 million from $107 million in 2018, but the company still reported a net gain of $6.7 million. Read more.

Surgery Partners posted $445.4 million in second-quarter revenues but still had a net loss of $28.6 million on the quarter. Read more on their financial results. Here, CEO Wayne DeVeydt describes the company's performance in a transcript provided by the Motley Fool. 

Nvision Eye Centers added the Olympia (Wash.) Eye Clinic and Ambulatory Surgery Center to its portfolio.

The Florida Agency for Healthcare Administration plans to publicize facility and provider price estimates for the state's ASCs and hospitals, according to Nikole Helvey, chief of health information and transparency. 

Summit Orthopedics' surgery center building in Eagan, Minn., was sold for $29.4 million.

Dallas-based Tenet Healthcare Corp. donated $100,000 to support shooting victims and their families in El Paso, Texas, where a gunman killed 22 people and injured more than two dozen at a Walmart on Aug. 3.

Surgical Notes selected a new CEO and completed a majority recapitalization in partnership with The CapStreet Group, a Houston-based private equity firm.

NorthStar Anesthesia hired executives for four new national leadership roles and selected three others to execute its long-term growth strategies.

More articles on surgery centers: 
6 spine-focused ASCs opened or announced this year
The 10 best states for healthcare l 2019
Physician-managed Altair Health opens spine ASC — 3 insights

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