CMS releases final rule & more — 8 ASC company key notes

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

CMS released the 2019 final payment rule for hospital outpatient surgery departments and ASCs, including an average rate adjustment on procedures, according to a statement from the Ambulatory Surgery Center Association. Read more.

Nashville, Tenn.-based Envision (AmSurg) Healthcare's contract with Minnetonka, Minn.-based UnitedHealthcare expires at the end of the year, and Envision launched a website to clarify where the companies stand in the negotiation process. Read more.

Jamison, Pa.-based Physicians Endoscopy finalized partnerships with three gastroenterology ASCs, bringing its portfolio to a total of 60 centers and 600-plus gastroenterologist partners.

Nashville-based HCA Healthcare increased third quarter 2018 revenues 7.1 percent to $11.45 billion, while continuing to increase its outpatient surgery load. Read more.

Medical technologies provider DJO introduced the Empowr Porous Knee System and Empowr Complex Primary Knee System at the 2018 American Association of Hip and Knee Surgeons meeting, Nov. 1-4 in Dallas.

El Segundo, Calif.-based Radiology Partners expanded its outpatient imaging services in eight states and announced a partnership with Houston-based Gulf Imaging Associates. New clients include Dallas-based Tenet Healthcare and HCA Healthcare, among others.

Anchor Health Properties acquired a pair of outpatient medical office buildings in Westlake Village, Calif.

Sheridan Capital Partners invested an undisclosed amount in Phoenix-based Empower Physical Therapy, a physical therapy practice management firm.

More articles on transactions/valuation:
ASC supply chain tip of the day: Network with colleagues
2 Key Takeaways from Becker’s ASC 25th Annual Meeting
DJO launches 1st outpatient arthroplasty risk assessment tool

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