Optum posts $24.7B in revenues & more — 7 ASC company key notes

Here are seven updates on ASC companies and industry-relevant companies to note:

Minnetonka, Minn.-based UnitedHealth Group's revenues grew in the second quarter of 2018, with Eden Prairie, Minn.-based Optum revenues hitting $24.7 billion. Read more.

On April 6, the North Carolina Supreme Court denied Deerfield, Ill.-based Surgical Care Affiliates' request for a review of ASC provisions in the workers' compensation fee schedule.

Focusing on women's health procedures, such as breast lumpectomies and select gynecological surgeries, may help ASCs grow case volume and improve patient outcomes overall, according to Westchester, Ill.-based Regent Surgical Health Vice President of Surgical Operations Stephanie Martin.

Hedge fund manager Jim Chanos warned KKR might pull out of its planned acquisition of Nashville, Tenn.-based Envision Health if Envision and Mednax stocks fall. To that point, an investor is claiming Envision Healthcare shareholders are being underpaid in the company's potential $5.6 billion sale to KKR and filed a lawsuit to block it.

Analysts believe Envision Healthcare has a big quarter in store with earnings estimated at $0.88 per share.

Eight facilities associated with Nashville, Tenn.-based Surgery Partners facilities achieved reaccreditation by the Accreditation Association for Ambulatory Health Care.

Medical Facilities Corp. will pay a cash dividend of $0.06 per share (CDN $0.09) to shareholders of record Aug. 15.

More articles on transactions/valuations:
GI leader to know: Dr. Kent Katz of Gastroenterology Associates
Dietitians add value to GI practices, ‘Journal of Neurogastroenterology and Motility’ study finds
Which colonoscope attachment works the best? 3 study insights

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