Tenet Healthcare had $572 million in cash and cash equivalents in the first quarter of fiscal year 2017, less than $716 million in the same period of 2016.
Envision Healthcare’s ambulatory services had adjusted EBITDA of $62.2 million for the first quarter fiscal year 2017.
Surgery Partners acquired surgical facilities owner and operator National Surgical Healthcare from Irving Place Capital in a nearly $760 million deal.
During the past couple months, SurgCenter Development completed a series of joint ventures including teaming up with physician investors to open a new surgery center in Zeeland, Mich.
Hospital Corporation of America shares rallied 1.3 percent during the week of May 8 to May 12, trading at $84.61 per share.
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
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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.