Surgical Care Affiliates, OptumCare to merge; Nobilis Health Corp. to boost in-network patient volume by 50%+ through Hamilton Vein Center deal & more — 6 ASC company key notes

Here are six updates on ASC management companies to note.

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Houston-based Nobilis Health Corp. entered into a definitive agreement to purchase Texas-based Hamilton Vein Center for $13.25 million. Once the deal closes, Nobilis’ in-network patient volume mix will increase by more than 50 percent.

Deerfield, Ill.-based Surgical Care Affiliates is merging with Optum, a health services company and part of UnitedHealth Group. Andrew Hayek, SCA’s chairman and CEO, and SCA executives will continue leading SCA and the Optum platform.

Greenwood Village, Colo.-based Envision Healthcare Corp.’s physician services division purchased Winter Haven, Fla.-based Sunshine Radiology. Through the acquisition, Envision now offers radiology physician services to 80 facilities throughout the United States.

Toronto, Canada-based Medical Facilities Corp. named Tyler Murphy chief financial officer. With more than 15 years of industry experience, Mr. Murphy hails from a large publicly-traded U.S. healthcare company where he served as vice president and treasurer.

Nashville, Tenn.-based Hospital Corporation of America shares rallied 3.5 percent, hitting $76.62 per share during the week of Jan. 2 to Jan. 6, 2017.

During the third quarter of fiscal year 2016, Welch Capital Partners increased its stake in Dallas-based Tenet Healthcare by 93.65 percent. Since May 2016, Tenet stock has plummeted 46.79 percent.

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:
Vero Orthopaedics & Neurology adds ASC: 4 key notes
Nobilis Health Corp. to acquire Hamilton Vein Center for $13.3M — 4 points
The Fed: 5 key thoughts on economic growth in 2017 and beyond

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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