Tenet shares jump 3.3%; Medical Facilities Corp. distributes 151st consecutive dividend payment & more — 5 key notes on ASC companies

Here are five notes on ASC companies from the past week.

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On Nov. 15, Medical Facilities Corp. shareholders can receive a cash dividend payment of Cdn$0.09375 per common share at business close on Oct. 31.  The dividend marks MFC’s 151st consecutive dividend payment since the company’s inception.

Analysts gave AmSurg shares a $94.33 price target. The shares have a rating of 1.2, indicating a “buy” rating.

Analysts expect Surgical Care Affiliates third quarter earnings to total $0.77 per share. The company’s 50-day moving average is $43.69.

Tenet Healthcare shares rallied 3.3 percent during the week of Oct. 17 to Oct. 21, trading at $23.53 per share.

During the week of Oct. 17 to Oct. 21, Hospital Corporation of America shares traded at $81.74 per share, jumping 1.8 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:
4 things to know about Scottish Rite’s new ambulatory care center
Sutter Roseville opens $27M cancer center: 6 notes
UCHealth and University of Colorado partner with Steadman Hawkins Clinic: 4 notes

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.

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Tuesday, August 11
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Presenter: Gautam Shah, MBA, FACHDM, NextGen Healthcare

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