Envision Healthcare's operating expenses jump 191.4% in first half of 2017 & more — 5 ASC company key notes

Here are five updates on ASC management companies to note:

In the first half of 2017, Envision Healthcare's operating expenses increased 191.4 percent, higher than revenue growth of 165 percent.

Medical Facilities Corp. subsidiary Little Rock-based Arkansas Surgical Hospital is joint venturing with Ambulatory Innovation Associates on an urgent care center in Little Rock. The urgent care center will offer a host of ambulatory care procedures to meet patient demand in Arkansas.

Camber Capital Management bought a 5.7 percent stake in Tenet Healthcare, causing the company's shares to jump 18.55 percent Aug. 21.

Surgery Partners' second quarters revenues fell 0.5 percent, totaling $288.4 million, year-over-year.

Hospital Corporation of America second quarter cash flows from operations totaled $1.4 billion.

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:
Digestive Health Associates merges with University of Maryland Community Medical Group — 3 insights
6 key trends when buying and financing ASC ownership
Influx of urgent care centers, ASC coming to Massachusetts town: 4 things to know

© Copyright ASC COMMUNICATIONS 2019. Interested in LINKING to or REPRINTING this content? View our policies by clicking here.

 

Top 40 Articles from the Past 6 Months