Envision suing UnitedHealthcare & more — 9 ASC company key notes

Here are nine updates on ASC companies and industry-relevant companies to note.

Envision Healthcare is suing UnitedHealthcare after the company allegedly unilaterally lowered contracted payments to Envision physicians and refused to add new Envision physicians to its insurance network. Prior to the lawsuit, UnitedHealth Group was reportedly interested in acquiring AmSurg, Envision's ambulatory unit, but has pulled out of talks since then.

Envision Healthcare divested its American Medical Response business to a KKR affiliate for approximately $2.1 billion.

Dallas-based Tenet Healthcare promoted Monique Poessiger and Kurt Gross to new positions within the company. Ms. Poessiger is the new manager of communications for the El Paso (Texas) and Rio Grande (Texas) Valley regions. Mr. Gross will serve as the group director of marketing for both regions.

Zacks Equity Research raised its guidance on Dallas-based Tenet Healthcare to "hold."

Chicago-based Pinnacle Dermatology acquired Barrington, Ill.-based Van Dam Dermatology and Laser Center.

The Federal Trade Commission sent DaVita a letter seeking more information on its $4.9 billion sale to UnitedHealth subsidiary Optum.

Nobilis Health reported $299.7 million for 2017 revenue, a 4.9 percent increase over 2016. On the heels of its 2017 financial report, Nobilis revealed a new in-network contract at its largest hospital. Nobilis went in-network with one of the nation's largest commercial payers for Bellaire, Texas-based First Surgical Hospital. The move is expected to have an impact on the company's 2018 revenue and could lead to additional deals in the future.

New Hyde Park, N.Y.-based Northwell Health will deploy the gGastro enterprise Endoscopy Report Writer by gMed, a Modernizing Medicine company, at 20-plus New York-based hospitals and ASCs.

Becker's ASC Review profiled Surgical Care Affiliates and United Surgical Partners International.

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