Physician-owned hospital industry opponents overstated previous research to their advantage, according to a new BMJ study which also found no evidence that POHs avoid poorer patients or patients from minority groups.
ASC Transactions & Valuation Issues
Tenet Healthcare formed a joint venture with Dignity Health and Ascension, according to Nasdaq.
Somerset Outpatient Surgery in Somerville, N.J., has filed form D for $463,770 in equity financing, according to an OCTA FINANCE report.
Sell-side analysts are predicting AmSurg will report earnings of $0.90 for the current fiscal quarter, according to a Markets Daily report.
Preferred Surgicenter opened in Orland Park, Ill.
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Cleveland Clinic Florida plans to expand its Weston location and build a new clinic and an ambulatory surgery center in Coral Springs.
Sale/Lease-backs of ASCs allow the real estate owners to sell their ASC real estate, pocket the profits, and lease-back the ASC at the same rent they were paying before, with no personal lease guarantees.
Nine analyst firms have given Surgical Care Affiliates stock a consensus "hold" rating, according to The Legacy.
Tenet's Detroit Medical Center was recognized for its top performance among Medicare Pioneer ACOs and was the most successful Pioneer ACO in 2014 for its benchmark savings improvement, according to Market Watch.
In May, Hopkins County Memorial Hospital in Sulphur Springs, Texas, selected CHRISTUS Health, based in San Antonio, as its proposed partner in management and operations. Now, partnership negotiations could result in a new ASC, according to a KSST Radio report.