How 5 large ASC management companies performed in 2017

This is how five major, publicly traded companies with ASC holdings fared in the stock market in 2017.

Note: This data was compiled using Yahoo! Finance. The data shows how the companies fared from Jan. 3, 2017 to Jan. 2, 2018.

UnitedHealth Group

Opened at $161.13 on Jan. 3, 2017
Peaked at $228.17 on Nov. 30, 2017
Opened at $221.02 on Jan. 2, 2018
Percent change between Jan. 3, 2017 and Jan. 2, 2018: 37.16 percent gained over 2017

The integrated care model UnitedHealth Group is based on led to substantial gains in 2017. In 2017, UnitedHealth further built upon that model through its acquisitions of the Advisory Board's healthcare business and Surgical Care Affiliates. The year ended with UnitedHealth projecting $200 billion-plus in revenue for 2017 and between $223 and $225 billion in revenue for 2018. UnitedHealth's Optum division had $22.9 billion in revenue for the same quarter with OptumHealth leading all three of Optum's reporting segments.

HCA Healthcare

Opened at $74.36 on Jan. 3, 2017
Peaked at $91.03 on March 27, 2017
Opened at $88 on Jan. 2, 2018
Percent change between Jan. 3, 2017 and Jan. 2, 2018: 18.34 percent gained over 2017

HCA Healthcare had a fairly reserved 2017 on the transaction front, yet the healthcare services company with its 177 hospitals and 119 freestanding surgery centers had $32 billion in revenues through the first three quarters of 2017, which was a slight decrease year-over-year. The company attributes the drop to significant disruption from Hurricanes Harvey and Irma. HCA expects to post between $43 billion and $44 billion in revenue through 2017.

Tenet Healthcare

Opened at $14.98 on Jan. 3, 2017
Peaked at $22.72 on Feb. 27, 2017
Opened at $15.25 on Jan. 2, 2018
Percent change between Jan. 3, 2017 and Jan. 2, 2018: 1.8 percent gained over 2017

Despite a tumultuous 2017, Tenet managed to increase its stock value modestly. The company is saddled with debt, and is in the midst of several corrective measures to increase financial performance and improve shareholder value in 2018. Despite the challenges, Tenet projected net operating revenues between $17.8 billion and $18.2 billion in 2018. Tenet is also projecting organic revenue growth for its hospital and ASC sectors.  

Surgery Partners

Opened at $16.05 on Jan. 3, 2017
Peaked at $23.80 on June 29, 2017
Opened at $12.10 on Jan. 2, 2018
Percent change between Jan. 3, 2017 and Jan. 2, 2018: -24.61 percent lost over 2017

Despite posting revenues of $306.3 million in the third quarter of 2017, Surgery Partners posted $13.6 million in losses attributing said losses to Hurricanes Harvey and Irma. Despite that, the company increased its revenues 4.98 percent through the first three quarters of 2017 and expects to post total 2017 revenue between $1.30 and $1.33 billion. At the time of the third quarter financial release, interim Surgery Partners CEO Clifford Adlerz said, "We have launched specific initiatives to accelerate same-facility case growth, and improve margins including implementing procurement optimization programs."

Envision Healthcare

Opened at $64.14 on Jan. 3, 2017
Peaked at $73 on Feb. 21, 2017
Opened at $34.56 on Jan. 2, 2018
Percent change between Jan. 3, 2017 and Jan. 2, 2018: -46.11 percent lost over 2017

Envision Healthcare had a busy year. The company announced the sale of its American Medical Response subsidiary to KKR, while also closing several acquisitions including physician groups in Wisconsin, Atlanta and Connecticut as well as the imaging company, Imaging Advantage. Citing disruptions from the hurricanes, Envision had net revenues of $1.99 billion in the third quarter of 2017. The company anticipates posting between $1.88 billion and $2.02 billion for the fourth quarter of 2017.

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