Throughout the past decade, the Federal Trade Commission has used its antitrust power to stop potential hospital mergers, and it's been winning the war on monopolies, Mondaq reports on an article printed in The Legal Intelligencer.
ASC Transactions & Valuation Issues
The FTC announced a settlement to the challenge of St. Cloud, Minn.-based CentraCare Health's acquisition of St. Cloud Medical Group, a 40-physician practice, according to a Law 360 report.
Here are seven updates on ASC management companies to note.
Analysts gave Dallas-based Tenet Healthcare Corp. a $31.62 price target, according to Baseball News Source.
Canton-Potsdam (N.Y.) Hospital is "unlikely" to pursue its plans of building an ASC in a new medical facility following CMS' 2017 OPPS that includes site-neutral payments, according to North County Now.
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Seattle-based The Polyclinic and Swedish Medical Center celebrated the opening of the First Hill Surgery Center, the largest independent surgery center in the Pacific Northwest, on Nov. 21, 2016.
New England Research & Management purchased shares of Nashville, Tenn.-based AmSurg Corp. in the third quarter, based on its 13F filing with the U.S. Securities and Exchange Commission, according to DailyQuint.
Deerfield, Ill.-based Surgical Care Affiliates shares rallied 5 percent on Nov. 17, 2016, according to equities.com.
Eight analysts gave Nashville, Tenn.-based Surgery Partners shares a "buy" rating, according to The Cerbat Gem.
Here are three GI-focused ASCs and facilities that recently made headlines.