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.
ASC Transactions & Valuation Issues
Surgery Partners reported full-year revenue for 2020 of $1.86 billion on Jan. 11.
Here are 12 updates on ASC companies and industry-relevant companies to note:
Tenet is moving away from high-cost, lower margin hospitals and deepening its portfolio of lower cost, higher margin ASCs.
Flagship Healthcare Trust acquired Panama City (Fla.) Surgery Center, its second acquisition in the state within the week, the firm announced Jan. 4.
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Nearly half of independent physicians think consolidation in healthcare is inevitable, according to a survey from McKinsey & Co., but the overwhelming majority of small and independent practice owners believe they should fight to stay independent. Physician-owned ASCs face similar…
A 187,690-square-foot medical building in Arizona was purchased by real estate developer Meridian, according to a Jan. 7 report from AZ Big Media.
A medical office in Peoria, Ill., was sold to Remedy Medical Properties for an undisclosed amount, according to a Jan. 7 report from RE Journals.
Two significant deals announced on Jan. 6 have the potential to make a big difference in the healthcare industry.
Private equity-backed Pinnacle Dermatology expanded into Virginia by acquiring Fredericksburg-based Virginia Dermatology and Skin Surgery Center.