Surgical Center of Greensboro (N.C.) and Orthopaedic Surgical Center operate in separate buildings, but the two facilities are working together to open a new, single location, according to a Triad Business Journal report.
ASC Transactions & Valuation Issues
Physician medical group mergers and acquisitions were up in the fourth quarter of last year, according to the Health Care M&A report from Irving Levin Associates.
On Feb. 16, Medical Facilities Corporation will pay shareholders of record a dividend of $0.0938 per share, according to EMQ News & Analysis.
Northwest Community Healthcare is moving forward with its plans to open an ASC in Arlington Heights, Ill., after the Illinois Health Faculties and Services Review Board reported the hospital successfully completed its application for the outpatient center, according to Journal-Topic.
Today, HB 1730, a piece of a certificate of need reform legislation bill, will be the sole subject of a 90-minute Tennessee House health committee meeting, according to The Tennessean.
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On Jan. 25, an issue of Tenet Healthcare debt increased 2.5 percent against its face value, according to Zolmax News.
Campbell County Health, based in Gillette, Wyo., has made its final payment to acquire Powder River Surgery Center, also in Gillette, according to a Gillette News Record report.
Richard Ganley, a director with Nobilis Health, acquired 10,000 shares of company stock in a Jan. 22 transaction, according to IRA Market Report.
AmSurg is in a position to monetize this year, as recent acquisitions are poised to show benefits, according to a Seeking Alpha report.
Morningstar analysts gave Tenet Healthcare shares a "B" credit rating, according to EMQ News & Analysis.