Toronto, Canada-based Medical Facilities Corp., and Leawood, Kan.-based NueHealth formed MFC Nueterra Holding Co., acquiring seven ASCs from Brentwood, Tenn.-based Meridian Surgical Partners for $46.5 million in the process.
Surgery Partners’ value fell 24.61 percent throughout 2017, however the company expects to report total year end revenues between $1.30 billion and $1.33 billion.
Tampa, Fla.-based Physician Partners of America will open its 11th pain clinic in Wellington, Fla.
Dallas-based Tenet Healthcare’s Executive Chairman and CEO Ron Rittenmeyer announced the company would lay off 2,000 employees and divest more than $1 billion in assets in an attempt to improve its financial performance.
Surgical Care Affiliates’ Blue Ridge Day Surgery Center in Raleigh, N.C., filed for $816,000 in equity financing for an undisclosed purpose.
Healthcare technology company Allscripts signed a definitive agreement to acquire Practice Fusion and merge the company into its existing payer and life sciences business.
More articles on transactions/valuations:
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How 5 large ASC management companies performed in 2017
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