Nonprofit health system CoxHealth plans to absorb Crighton Olive Dunn Surgical Group, according to an Oct. 16 announcement.
ASC Transactions & Valuation Issues
Addison, Texas-based United Surgical Partners International generated net operating revenues of $565 million in the third quarter ended Sept. 30, a year-over-year increase of 8.2 percent.
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.
Atlanta-based ENT and allergy management services organization SENTA Partners sealed an affiliation between ENT and Allergy Associates of South Georgia and ENT of South Georgia Surgery Center — collectively called Valdosta ENT, according to an Oct. 20 press release.
Here are 10 updates on ASC companies and industry-relevant companies to note:
Mercy Hospital Oklahoma City paid nearly $106.5 million to acquire the property where it established its Mercy Edmond (Okla.) campus, The Oklahoman reported Oct. 17.
Becker's ASC Review reported on four joint-venture ASCs that were opened or announced in September.
Surgical Care Affiliates helped propel Optum's 12 percent year-over-year increase in quarterly earnings for the third quarter as it continues to add surgeons and services amid the pandemic.
Hospitals and health systems want in on lucrative ASC opportunities, according to Avanza Healthcare Strategies' "2020 ASC Survey" of 106 senior healthcare executives and clinical leaders.
Optum continued to report revenue increases amid the pandemic, seeing a 21 percent jump in year-over-year revenue for the third quarter.
