Tenet’s ambulatory segment generates $183M EBITDA in Q4; AmSurg celebrates 25 years & more — 6 ASC company notes

Here are six updates on ASC management companies for healthcare leaders to note:

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Nashville-based AmSurg is celebrating its 25th anniversary in April, having grown significantly since the company’s founding in 1992. Over the past quarter century, AmSurg has incorporated 260 surgery center locations in 35 states.

Houston-based Nobilis Healthcare expects 2017 revenue to hit between $310 million and $325 million.

Dallas-based Tenet Healthcare Corp.’s ambulatory segment had an adjusted EBITDA of $183 million, a 15.8 percent increase from $158 million in Q4 2015.

Pismo Beach, Calif.-based SurgCenter Development is aiming to increase its ASC presence with a new surgery center in Zeeland, Mich., the West Michigan Surgical Center.

Nashville, Tenn.-based Surgery Partners’ fourth quarter net income attributable to Surgery Partners jumped from $16.7 million to $16.9 million year-over-year.
 
Toronto-based Medical Facilities Corp. made several acquisitions last year including buying an indirect 62 percent interest in Mishawaka, Ind.-based Unity Medical and Surgical Hospital, a physician-owned medical and surgical hospital. The company also acquired 100 percent of Sioux Falls, S.D.-based Prairie States Surgical Center through the surgery center’s subsidiary, Sioux Falls (S.D.) Specialty Hospital.

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:
UnitedHealth Group pushes back expiration date on SCA offer exchange; Medical Facilities Corp. increases surgical volume by 7.6% in FY 2016 & more — 5 notes
11 new ASCs opened or announced in March 2017
Spine Team Texas to offer services in new ASC: 4 highlights

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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