AmSurg’s physician services net revenue reached $417.5 million, up 46 percent from $286.5 million for the first quarter of 2015.
During the first quarter, Nobilis Health’s revenue reached $51.3 million, a 35 percent increase from the same period in 2015.
Medical Facilities Corp. announced a cash dividend payment of Cdn$0.09375 per common share. This May dividend is MFC’s 146th consecutive dividend payment since the company’s inception.
Net income attributable to Surgical Care Affiliates in the first quarter was $2.4 million, up from negative $9.2 million in the first quarter of last year.
Last week, Moody’s reduced Tenet Healthcare’s corporate family rating from a “B1” to a “B2.”
First Call analysts estimate Tenet will post earnings per share of $0.41 for the next quarter.
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:
AmSurg Q1 same-center revenue rallies 8.8%; SCA, SwiftPath partner on outpatient total joint replacement support services & more — 6 key updates on ASC companies
Tenet Healthcare short interest decreases 10.9% — 4 takeaways
Top Blue Shield of California executives rake in $18.8M — 8 insights into transparency & executive pay
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.
