Channel Sponsor - Turnaround

Sponsored by ASCOA | | (866) 982-7262

AmSurg 10M Stock Public Offerings, SCA-Medline Deal & More — 5 Recent Key Notes on ASC Companies

Here are five news updates on ambulatory surgery center companies.

AmSurg has announced public offerings of 8.5 million shares of its common stock at $45 per share and 1.5 million shares of convertible stock at $100. The proceeds of the offering will go towards the company's $2.35 billion acquisition of Sheridan Healthcare.

Surgical Care Affiliates renewed its prime vendor agreement for distribution services with Medline Industries. The new five-year agreement is expected to be worth approximately $175 million over time.

Moody's Investors Service expects Surgery Partners' debt-to-EBITDA ratio to rise eight-fold following its $792 million acquisition of Symbion.

Hospital Corporation of America stock traded at $57.61 per share during the week of June 16 to 20, up 4.78 percent.

As of June 27, Medical Facilities Corporation stock traded at $17.87 per share, up 0.6 percent.

If you have a question, issue or note to suggest on an ASC management and development company please contact Carrie Pallardy at or Laura Dyrda at

More Articles on ASC Issues:
5 Observations on New ASC Physician Buy-In
5 Recent ASC Industry Leadership Moves
$792 Acquisition Deal, Q1 Financial Report & More – 6 Recent Key Notes on Symbion

© Copyright ASC COMMUNICATIONS 2017. Interested in LINKING to or REPRINTING this content? View our policies by clicking here.


Top 40 Articles from the Past 6 Months