Envision's physician services decision generates $1.6B in Q1 revenue; Surgery Partners adjusted EBITDA totals $40.1M & more: 5 ASC company key notes

Here are five updates on ASC companies from the past week.

Surgery Partners had adjusted EBITDA of $40.1 million for the first quarter of fiscal year 2017.

Envision Healthcare's physician services division had net revenue totaling $1.56 billion in the first quarter, a 9.2 percent increase from the same period last year based on AmSurg's and Envision Healthcare Holdings' separate reports.

For the first quarter, Tenet Healthcare had same-facility system wide revenue of $153 million.

During the week of May 15 to May 19, Hospital Corporation of America shares traded at $82.25 per share, a 2.8 percent drop.

TD Securities lowered Medical Facilities Corp.'s price target from $25 to $23 in May.

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 LASIK Vision Institute to open new Utah location: 5 key notes
Prospect CharterCare acquires RI's largest freestanding ASC despite union opposition: 5 things to know
Cleveland Clinic, Rendina Healthcare Real Estate break ground on 72k-sq-ft facility including ASC

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