Surgical Care Affiliates partnered with the 13 physicians of Surgery Center of Athens (Ga.). The partnership went into effect Dec. 1. Through the partnership, SCA gained three locations in Georgia.
During the third quarter, Surgical Care Affiliates reported net patient revenues of $15.8 million. Management fee revenues reached $5.1 million, up from $3.6 million in the same period the year prior.
Medical Facilities Corp. shares reached $14.78, up 1.65 percent. The company has a market cap of $461.38 million.
During the week of Dec. 7 to Dec. 11, Hospital Corporation of America shares hit $66.30 per share, down 1.34 percent.
Surgery Partners’ net revenue for surgical facility services hit $219.6 million and ancillary services reached $16.3 million in the third quarter.
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.