SCA, Symbion, Northstar Healthcare & More – 5 Recent Key Notes on ASC Companies

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

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For the first quarter of 2014, Surgical Care Affiliates reported that total net operating revenues, excluding facilities in which the company does not own a controlling interest, increased 2.1 percent from $192 million to $196 million.

Symbion reported $133.97 million in first quarter 2014 revenue, up from $130.38 million in the first quarter of 2013. The company also reported an increase in operating expenses, rising from $109.82 million in the first quarter of 2013 to $112.62 million in the first quarter of 2014.

Medical Facilities Corporation reported $72.9 million in first quarter 2014 revenue, which is consistent with revenue reported in the first quarter of 2013.

Northstar Healthcare reported first quarter 2014 net patient service revenue of $121.1 million, up 194.1 percent from $4.1 million in the first quarter of 2013.

SurgCenter Development and a group of physicians opened the multispecialty Monocacy Surgery Center in Frederick, Md.

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 Miller at lmiller@beckershealthcare.com.

More Articles on ASC Issues:
7 Things for ASC Leaders to Know for Monday
4 of the Most Common ASC Billing Questions Answered
Morsani ASC Medical Director Gets Lifetime Achievement Award: 5 Things to Know

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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