Dallas-based Tenet Healthcare shares have dropped 18.68 percent over the past 52 weeks. Among analysts covering the stock, the consensus is a “hold.”
Deerfield, Ill.-based Surgical Care Affiliates partnered with 19 surgery centers between Jan. 1 and Dec. 1, 2016. Some of the company’s recent acquisitions include Palos Hills (Ill.) Surgery Center and The Surgery Center at Doral (Fla.).
On the heels of SCA announcing its merger with Optum, a part of UnitedHealth Group, UnitedHealth Group began an exchange offer to acquire all SCA outstanding shares. As per the offer’s terms, SCA stockholders will receive $57 for each SCA common stock, cash and UnitedHealth Group common stock.
Nashville, Tenn.-based Hospital Corporation of America shares rallied 2.9 percent during the week of Feb. 20 to Feb. 24, 2017, trading at $87.07 per share.
Toronto, Canada-based Mackenzie Financial Corp. increased its stake in Greenwood, Colo.-based Envision Healthcare Corp. by 36.4 percent in the third quarter. Envision shares traded at $67.75 per share on Feb. 22, 2017.
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:
Mackenzie Financial strengthens stake in Envision Healthcare by 36.4%: 4 things to know
Northwell Health acquires 20% stake in Surgical Specialty Center of Westchester: 5 points
Tenet shares plummet 18.7% in 52-week period: 4 points
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.