So far this year, SurgCenter Development has added 25 centers. The company opened its 100th center, Grand Rapids (Mich.) Surgical Suites, in February.
Bank of America reduced its price target on Envision Healthcare shares from $72 to $60. Envision shares have a 50-day moving average of $46.95 and 200-day moving average of $54.97.
Tenet Healthcare shares fell 16 percent during the week of Oct. 9 to Oct. 13, trading at $13.15 per share.
Regent Surgical Health named Bob Ryan COO. Mr. Ryan joined Regent in 2016 as vice president of operations for the northeast.
During the week of Oct. 9 to Oct. 13, Hospital Corporation of America shares traded at $74.59, a 2.6 percent decrease.
If you have a question, issue or note to suggest on an ASC management and development company please contact Mary Rechtoris at mrechtoris@beckershealthcare.com.
More articles on surgery centers:
USPI, Montana health system open surgery center; USPI/Tenet adds 3 centers in 8-month period & more: 4 ASC company key notes
Allegany Associates building $1M ophthalmology ASC — 3 insights
Illinois hospital breaks ground on $95M surgery center — 3 insights
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.