SurgCenter Developments opens 100th operational center; Tenet Q4 net losses total $79M & more—5 ASC company notes

Here are five notes on ASC management companies to note:

Pismo Beach, Calif.-based SurgCenter Development opened Grand Rapids (Mich.) Surgical Suites, marking the management company's 100th operational center. Grand Rapids Surgical Suites opened its doors on Feb. 10, 2017.

Dallas-based Tenet Healthcare Corp. had net losses from continuing operations of $79 million for the fourth quarter of 2016.

For Q4 2016, Houston-based Nobilis Healthcare reported revenue reaching $101.9 million, up 13.2 percent over the same period last year.

Greenwood, Colo.-based Envision Healthcare reported $865.8 million in total revenue in its physicians services division in Q4 2016, increasing over the $378.1 million in the prior year's period.

Nashville, Tenn.-based Hospital Corporation of America shares were down 2.9 percent at $85.75 per share during the week of March 6 to March 10, 2017.

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 transactions/valuations:
Axis Healthcare Partners teams up with ANF Group on 19-sq-ft ASC: 4 things to know
Nobilis reports 24.7% revenue increase in 2016, but misses profitability goal: 5 things to know
Fairbanks Memorial Hospital opens surgery center: 4 key notes

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