SCA shares drop 1.29%, HCA surgery center faces opposition & more — 5 key notes on ASC companies

Here are five updates on ambulatory surgery center companies.

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1. Surgical Care Affiliates shares dropped 1.29 percent over the past week. The shares had positive gains over 5.08 percent over the last four weeks.

2. Tenet Healthcare traded with the volume of 3.17 million shares in the last trading session with the average volume being 1.83 million shares. The one month performance of Tenet stock was considered positive with a score of 6.92 percent.

3. Hospital Corporation of America’s TriStar Southern Hills Medical Center in Nashville Tenn. faces opposition after obtaining a certificate of need to move its surgery center. The project is estimated to cost $17 million.

4. HCA’s stock traded at $91.98 per share during the week of June 22 to June 26, up 8.98 percent.

5. Amsurg shares dropped 3.1 percent in the last week. The shares posted positive gains of 3.5 percent in the last four weeks.

 

If you have a question, issue or note to suggest on an ASC management and development company please contact Carrie Pallardy at cpallardy@beckershealthcare.com or Mary Rechtoris at mrechtoris@beckershealthcare.com.

At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.

Register to Attend Webinar

Is ambulatory care healthcare’s big margin engine? 4 leaders weigh in

Wednesday, July 29
1:00 PM - 2:00 PM CDT

Presenters: Joe Ganley, athenahealthJeffrey Flynn, CASC, Gramercy Surgery CenterBryan Tsao, Access Center, Loma Linda University HealthJason Zepeda, Northridge Hospital Medical Center, CommonSpirit HealthGreg DeConciliis, PA-C, CASC, Boston Out­Patient Surgical Suites

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