Envision Healthcare creates new physician services arm; Nobilis expects 2017 adjusted EBTIDA to hit $45M & more — 4 ASC company key notes

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

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Envision Healthcare Corp. combined EmCare and Sheridan Healthcare’s physician services to form Envision Physician Services on April 18. Envision Healthcare and AmSurg merged in December 2016.

Nobilis Health expects adjusted EBITDA to reach between $40 million and $45 million for fiscal year 2017.

Houston-based Hospital Corporation of American Gulf Division appointed Barrett Blackmon regional vice president of oncology services. In this role, Mr. Blackmon will ensure all HCA Gulf Coast facilities maintain high standards for oncology services.

Tenet Healthcare shares traded at $15.30 per share, a 13 percent drop during the week of April 17 to April 21.

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 transactions/valuations:
Northwest Ohio Orthopedics & Sports Medicine opening surgery center: 4 key notes
Tilden Ambulatory Surgery Center to open new facility: 3 key notes
Mednax reports Q1 net revenue increase to $836M, drop in net income: 5 key notes

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Presenters: Joe Ganley, athenahealthJeffrey Flynn, CASC, Gramercy Surgery CenterBryan Tsao, Access Center, Loma Linda University HealthJason Zepeda, Northridge Hospital Medical Center, CommonSpirit HealthGreg DeConciliis, PA-C, CASC, Boston Out­Patient Surgical Suites

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