Envision Healthcare created the new executive vice president and chief operating officer role to align with the company’s dive into a physician-focused strategic plan. Envision named Karey Witty to the EVP and COO position, effective Oct. 2. The company also created succession plans for current CFO Clair Gulmi and President of Physician Services, Robert Coward. Click here for more on the leadership updates.
The Wall Street Journal reports Tenet Healthcare is exploring several strategic options including the possible sale of its hospital company. WSJ spoke to anonymous sources saying Tenet is working with investment banks Lazard and Barclays to arrange meetings with possible buyers. Tenet’s stock has fallen around 30 percent year-over-year. Click here for more on the story.
Surgery Partners had $57 million cash on hand as of June 30.
During the week of Sept. 11-15, Hospital Corporation of America shares jumped 2.8 percent, hitting $79.24 per share.
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:
Kentucky hospital breaks ground on $10M ASC: 5 things to know
Stock market week-in-review for 4 large ASC chains — Sept. 11-15
Illinois health system opens new surgery center — 4 insights
At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.