SCA revenue up 13%, revised AmSurg guidance, new ASD Management JV & more – 5 recent ASC company key notes

Here are five recent news updates on ambulatory surgery center companies.

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Surgical Care Affiliates announced its financial results for the third quarter of 2014. SCA’s total net operating revenue, excluding facilities in which the company owns a non-controlling interest, increased 13.1 percent, from $194.4 million in the third quarter of 2013 to $219.9 million.

AmSurg revised its financial and operating guidance for the fourth quarter. The company expects revenues from $1.6 billion to $1.61 billion, as well as 1 percent growth in ambulatory services and 6 percent to 8 percent revenue growth in physician services.

United Surgical Partners International acquired three facilities during the third quarter.

Glendale (Calif.) Adventist Medical Center has reopened the Physicians Adventist Surgery Center as a joint venture, with local physicians as stakeholders and ASD Management as the managing company.

Hospital Corporation of America stock traded at $65.75 per share during the week of Nov. 3 to Nov. 7, down 6.13 percent.

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 Laura Dyrda at ldyrda@beckershealthcare.com.

More articles on ASC issues:
7 things for ASC leaders to know for Monday
7 ASCs with recovery care relationships
Desert Institute of Spine Care opens ASC

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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