ASC Transactions & Valuation Issues

On May 13, Wall Street Associates purchased a $3.6 million stake in Surgical Care Affiliates.

Former Tenet Healthcare executive Sarath Degala is joining Surgery Partners as chief development officer, according to Nashville Post.

Palm Springs, Calif.-based Desert Regional Medical Center, Indio, Calif-based John F. Kennedy Memorial Hospital and Joshua Tree, Calif-based Hi-Desert Medical Center will participate in the "Healthy Over Hungry" food drive from June 3 to June 10, according to The Desert…

First Call analysts estimate Tenet Healthcare will report earnings per share of $0.41 for the quarter.

Saratoga Schenectady Gastroenterology Associates, a specialty physician practice, is opening an ambulatory surgery center to accommodate patient demand, according to Albany Business Review.

Next year, Florida-based Mount Sinai Medical Center plans to open three outpatient centers in Miami-Dade County, according to South Florida Business Journal.

  Dallas-based Tenet Healthcare's stock in short interest decreased 10.93 percent, according to the Franklin Independent.

Woodbridge, Va.-based Sentara Northern Virginia Medical Center completed the construction of its new surgery center.

New Lenox, Ill.-based Silver Cross Health System plans to build an ambulatory surgery center on its hospital campus in New Lenox, according to the Chicago Tribune.

Medical Facilities Corp. announced a cash dividend payment of Cdn$0.09375 per common share.