SCA receives ‘hold’ rating, HCA stock down 0.44% & more — 5 key notes on ASC companies

Here are five updates on ASC companies:

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1. Surgical Care Affiliates received an average rating of “hold” from eight ratings firms last week. Six analysts gave the stock a “hold rating” with two giving SCA a “buy” recommendation.

2. Zacks lowered AmSurg stock from a “buy” to “hold” rating last week. AmSurg has a 52-week low of $45.19 and a 52-week high of $72.85.

3. Hospital Corporation of America stock traded at $92.83, down 0.44 percent, for the week of July 20 to July 24.

4. Tenet Healthcare shares increased by 17.4 percent or by 1.2 million shares. The company has a market cap of $5.59 billion, according to the Insider Trading Report.

5. AmSurg employees collected food for the Second Harvest Food Bank of Middle Tennessee in Nashville. Employees collected 2,522 pounds of food during June and July.

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.

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.

Register to Attend Webinar

Is ambulatory care healthcare’s big margin engine? 4 leaders weigh in

Wednesday, July 29
1:00 PM - 2:00 PM CDT

Presenters: Joe Ganley, athenahealthJeffrey Flynn, CASC, Gramercy Surgery CenterBryan Tsao, Access Center, Loma Linda University HealthJason Zepeda, Northridge Hospital Medical Center, CommonSpirit HealthGreg DeConciliis, PA-C, CASC, Boston Out­Patient Surgical Suites

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