Tenet’s stock is going through one of the worst declines in the hospital segment, after reporting its fifth consecutive quarter of net losses and losing $3.6 billion in market cap since last summer, according to a Dallas News report.
ASC Transactions & Valuation Issues
Favorable market conditions driven by hospitals and ASC management companies looking to partner or consolidate are making ambulatory surgery centers more attractive than ever. So when is the right time to sell an ASC and what should owners consider before making…
On Aug. 29, Tenet Healthcare shares increased 3.32 percent, according to equities.com.
Breese, Ill.-based St. Joseph's Hospital is building a $9.5 million outpatient surgery wing, according to Belleville News-Democrat.
Froedtert and the Medical College of Wisconsin Health Network will open the Lake Country Surgery Center in early September, according to an article on Lake Country Now.
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Busy physicians don't always have time to do all the research on companies before making purchasing stock; however, they still want to make the right investments.
Last quarter, Vaughan Nelson Investment Management bought an additional 150,975 AmSurg shares, according to Founders Daily.
Tenet Healthcare shares declined 4.09 percent on Aug. 24, according to equities.com.
Surgery Partners shares fell 2.61 percent in short interest.
Maplewood, Minn.-based HealthEast broke ground on a new facility, which features a surgery center, according to LillieNews.com.