Here are eight updates on ASC companies and industry-relevant companies to note:
ASC Transactions & Valuation Issues
Medical Facilities Corp.'s fourth-quarter and full-year facility services revenues decreased 6 percent and 8.6 percent, respectively, the company announced March 11.
Nashville, Tenn.-based Surgery Partners reported $1.9 billion in 2020 revenue but still posted a net loss of $155.6 million on the year.
Here are four updates from ASC companies in the past two weeks:
Dallas-based Tenet is actively scaling up United Surgical Partners International, its ASC business, to become a larger part of the company's business.
Surgery Partners reported fourth quarter and full-year revenues for 2020 on March 10, posting $548.3 million and $1.9 billion of unadjusted revenues, respectively.
Here's how Dallas-based Tenet Healthcare, Nashville, Tenn.-based HCA Healthcare and Nashville-based Surgery Partners' shares have fluctuated over the last five days.
The building housing Southeast Eye Specialists in East Brainerd, Tenn., sold for $14.3 million, thechattanoogan.com reports.
Texas health system suspends procedures at surgery center indefinitely & more — 8 ASC industry notes
Here are eight updates on ASC companies and industry-relevant companies to note:
The five largest ASC companies have added 490 ASCs since 2011, according to a report from VMG Health.
