1. AmSurg acquired Bay Area Anesthesia in Tampa, Fla. Bay Area Anesthesia has three locations and two ASCs.
2. Barclay analysts raised Surgical Care Affiliates’ price target from $42.00 to $45.00. SCA presently has an average rating of “hold.”
3. AmSurg received a “strong-buy” rating from Zacks and currently has a price target of $95.00.
4. Tenet Healthcare was hit by $136 million in write-downs, acquisition-related costs and other one-time items.
5. Hospital Corporation of America profits surpassed expectations in the second quarter. HCA profits reached $507 million, a 5 percent increase from the same period a year prior.
If you have a question, issue or note to suggest on an ASC management and development company please contact Carrie Pallardy at cpallardy@beckershealthcare.com or Mary Rechtoris at mrechtoris@beckershealthcare.com.
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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.