Surgery Partners repurchasing up to $50M in stock & more: 6 ASC company key notes

Here are six updates on ASC management companies from the past week.

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Surgery Partners’ board of directors authorized a share repurchase program that allows the company to repurchase up to $50 million of its common stock.

The Accreditation Association for Ambulatory Health Care will award its first ever Center of Excellence Award in Orthopaedic Certification to the AmSurg-affiliated Surgery Center of Long Beach (Calif.).

Winston-Salem, N.C.-based Wake Forest Baptist Medical Center and Surgical Care Affiliates officially opened Wake Forest Baptist Health Outpatient Surgery — Clemmons (N.C.) Dec. 11.

Medical Facilities Corp. paid qualified shareholders a monthly dividend of $0.09 per share payable Dec. 15.

Dallas Morning News recognized Dallas-based Tenet Healthcare as one of its “Top 100 Places to Work” for the fourth consecutive year.

SurgCenter Development is re-entering the St. Louis market with an ASC expected to open next year.

More articles on transactions/valuations:
Stock analysts sour on Tenet Healthcare — 3 insights
Stock market week-in-review for 4 large ASC chains — Dec. 11-15
Montecito Medical acquires Virginia medical campus with surgery center — 5 insights

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