Quarterly reports on Tenet, Surgery Partners & more — 8 ASC company key notes

Here are updates on eight ASC companies and industry-relevant companies to note:

Dallas-based Tenet Healthcare's hospital operations revenue dropped 2.7 percent as Addison, Texas-based United Surgical Partners International's revenue grew 7.3 percent during the third quarter of 2018. Read more.

Brentwood, Tenn.-based Surgery Partners reported a nearly 45 percent increase in revenue for the third quarter of 2018. Read more.

Medical Facilities Corp. had a strong third quarter, increasing its surgical caseload by 47.4 percent. Read more.

First Choice Healthcare Solutions posted a loss of $263,587 for the third quarter of 2018. Read more.

Southlake-based Texas Digestive Disease Consultants found a private equity partner in Waud Capital Partners, concluding a search process that began earlier this year. Read more.

Leawood, Kan.-based NueHealth secured growth capital financing through Ares Management and BC Partners Credit.

Addison, Texas-based United Surgical Partners International appointed Brett Brodnax CEO, effective immediately.

Montecito Medical Real Estate acquired the medical office building of Chardon (Ohio) Surgery Center.

Tennessee's Health Services and Development Agency approved Nashville, Tenn.-based Saint Thomas Health's application to relocate its Madison, Tenn.-based ASC. The center is a joint venture with Addison, Tennessee-based United Surgical Partners International.

Cincinnati-based CEI Vision Partners named Carl Berglind vice president of mergers and acquisitions. Mr. Berglind was previously Nashville, Tenn.-based Envision (AmSurg) Healthcare's senior vice president of strategic transactions.

A new Moody's report outlines Envision's strategy after the KKR leveraged buyout and details the uncertainty surrounding AmSurg, the company's ambulatory division.

More articles on transactions/valuation:
HonorHealth plans to open $170M hospital, ASC in 2020 — 3 highlights
4 things surgeons should know when selecting an ASC for procedures
Medical Facilities Corp. increases surgical cases 47.4% in Q3 — 5 insights

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