Practice Partners in Healthcare lands new ASC & more — 5 ASC company key notes

Here are five updates on ASC management companies from the past week.

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Panama City, Fla.-based Surgical Center for Excellence selected Practice Partners in Healthcare to manage the state-of-the-art multispecialty ambulatory surgery center.

Medical Facilities Corp. will pay a cash dividend of $0.07 (CDN $0.09) to shareholders of record Feb. 15.

Asheville, N.C.-based Mission Health purchased the property of Asheville Surgery Center in 2016 from physician owners and recently sold the property to Asheville 5 Medical Properties, a medical property holding company, for $14.7 million. Mission Health will remain in the center.

Dallas-based Tenet Healthcare/USPI’s value grew the most of for-profit operators last week, with the company’s stock gaining 6.2 percent. Nashville, Tenn.-based HCA Healthcare also saw significant gains of 4.8 percent over the week.

Tampa, Fla.-based Physician Partners of America will open its 11th pain clinic in Wellington, Fla.

More articles on transactions/valuations:
MUSC to open outpatient surgical facility in mall: 5 key points
Dr. Bhupinder Khaira, North Texas Medical Center partner to operate outpatient surgery location: 4 key points
Parkview Medical Center opens new outpatient center — 6 insights

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