Here is how four major, publicly traded ASC chains fared in the stock market for the week of Oct. 30 to Nov. 3.
ASC Transactions & Valuation Issues
Athens, Ga.-based Family First Healthcare: Pain Management opened Nov. 4, the Athens Banner-Herald reports.
San Antonio-based The Wilford Hall Eye Center united the U.S. Air Force's 59th Medical Wing's department of ophthalmology and optometry as well as the Joint Warfighter Refractive Surgery Center, Dvids reports.
Here are six recent ASC acquisitions and partnerships announced in October 2017.
The ASC industry is in a mature phase of its business lifecycle, with most valuation trends in the market — such as greater consolidation and demand for transactions — changing little year over year.
Medical Facilities Corp. shares decreased 6.4 percent Nov. 1, according to equities.com.
Envision Healthcare shares fell 38 percent Nov. 1, according to Reuters.
Here are nine ASCs that opened or were announced during the month of October.
Dallas-based Tenet Healthcare reported net losses of $366 million in its preliminary third quarter fiscal year 2017 results.
Surgery Partners reported several challenges in the third quarter with slower than expected revenue growth, and the company anticipates a loss before income taxes of around $21.9 million, up significantly from $12.6 million over the same period last year.
