Envision’s physician service division generates $150.1M in Q1 adjusted EBITDA & more — 4 updates on ASC management companies

Here are four updates on ASC management companies from the past week.

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In the first quarter of fiscal year 2017, Envision Healthcare’s physician services division yielded $150.1 million in adjusted EBITDA.

Surgery Partners expects revenue growth between 9 percent and 11 percent for 2017.

Tenet Healthcare’s hospital operations had a positive EBITDA of $3 million for the first quarter of 2017.

Several companies operating in the worldwide ASC market include SurgCenter Development, AmSurg, Team Health and Surgical Care Affiliates, according to a Market.Biz analysis. The market will likely total $80.2 billion by the end of 2017.

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 judge grants CON ASC approval to The Christ Hospital: 5 key points
Ochsner Health System to invest $100M in expansion plans including surgery center: 4 points
Wills Eye Hospital possibly 1 step closer to getting designation changed from ASC to hospital

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.

Register to Attend Webinar

Is ambulatory care healthcare’s big margin engine? 4 leaders weigh in

Wednesday, July 29
1:00 PM - 2:00 PM CDT

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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