Greenwood, Colo.-based Envision Healthcare shares more than tripled following news that the company completed its merger with Nashville, Tenn.-based AmSurg, according to 24/7 Wall St.
ASC Transactions & Valuation Issues
Here are 10 new surgery centers that were opened or announced in November.
Nashville, Tenn.-based AmSurg and Greenwood, Colo.-based Envision Healthcare shareholders approved the companies' merger.
Delta Region Authority provided Houston-based Texas County Memorial Hospital $150,000 to open a new surgery center, according to West Plains Daily Quill.
New York City-based Memorial Sloan Ketter Cancer Center held a ribbon-cutting ceremony for its first ASC in Monmouth County (N.J.), according to NJ Biz.
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The following five major companies have made a name for themselves in the ASC business, providing management expertise to centers spanning the nation.
A Dallas-based Tenet Healthcare Corp. bond traded 0.3 percent lower on Nov. 28, 2016, according to Baseball News Source.
Atlanta-based Perimeter Center for Outpatient Surgery submitted form D for $206,000 equity financing, according to Frisco Fastball.
Cincinnati-based TriHealth selected Fort Mitchell, Ky.-based Paul Hemmer Co. to renovate its new campus in Anderson Township, Ohio, which includes an ASC, according to The Lane Report.
In the third quarter of 2016, healthcare sector transactions were down year-over-year, but the value was up 23.8 percent, according to a PwC Deals report.