Tenet furloughs 10% of its workforce, including those involved in elective surgery: 6 things to know
Tenet announced more furloughs and additional measures to control costs amid the COVID-19 crisis, according to Reuters.
ASC Transactions & Valuation Issues
Optum announced April 15 that CEO Andrew Witty is taking a temporary leave of absence and reported $32.8 billion in revenues for the first quarter of 2020.
A 14,384-square-foot ASC was sold for an undisclosed amount, according to ERE Healthcare Real Estate Advisors.
Stocks continue to rebound gradually as efforts continue to combat the COVID-19 pandemic.
Here are eight updates on ASC companies and industry-relevant companies to note:
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Thirty-five governors have issued executive orders to cancel elective surgical procedures in their state.
Montecito Medical Real Estate purchased a pair of medical office buildings in Arkansas for $15.9 million from Hunter Haynes, a real estate developer, TB&P reports.
Five recent surgery center property acquisitions:
The stock market has been slowly recovering with notable gains to start off the week.
Here are eight updates on ASC companies and industry-relevant companies to note: