Envision Healthcare acquires 2 ASCs, disposes of 3 in Q2 & more — 4 ASC company key notes

Here are four updates on ASC management companies for healthcare leaders to note:

Advertisement

During the second quarter, Envision Healthcare acquired two ASCs and disposed of three centers.

Surgery Partners reduced its 2017 adjusted EBITDA guidance to between $174 million and $181 million during the second quarter. Previously, the company had expected adjusted EBITDA between $197 million and $206 million.

Tenet Healthcare’s cash and cash equivalents totaled $475 million as of June 30.

Nobilis Health penned a services agreement with Streamline Health for its software related to denials, business analytics and accounts receivable management. Through Streamline’s services, Nobilis aims to optimize its revenue cycle.

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:
The Center for Advanced Healthcare at Brownwood to house ASC: 4 key points
Colorado officials approval new hospital; ASC plans coming down pipeline
Roanoke Valley Center for Sight, Vistar Eye Center open ASC — 4 key notes

At the Becker's 23rd Annual Spine, Orthopedic and Pain Management-Driven ASC + The Future of Spine Conference, taking place June 11-13 in Chicago, spine surgeons, orthopedic leaders and ASC executives will come together to explore minimally invasive techniques, ASC growth strategies and innovations shaping the future of outpatient spine care. Apply for complimentary registration now.

Advertisement

Next Up in ASC Transactions & Valuation Issues

Advertisement

Comments are closed.