Tenet, Glenview Capital Management agreement adds 2 new board members; AmSurg poised for growth & more — 4 key notes on ASC companies

Here are four updates on ASC companies from the past week.

Advertisement

Tenet Healthcare formed an arrangement with Glenview Capital Management, granting two new board seats to Tenet’s largest shareholders. In exchange for the board additions, Glenview Capital Management agreed to not challenge Tenet’s board or management at the next annual meeting.

AmSurg’s recent acquisitions are expected to show benefits, placing the company in a position to monetize in 2016. The company is working to offer a full physician service platform and geographic platform and is seeking to enhance top line and cash flow growth rates.

Zacks analysts gave Surgical Care Affiliates a one-year price target of $42.40 per share.

During the week of Jan. 18 to Jan. 22, Hospital Corporation of America traded at $25.07 percent per share, up 8.7 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 Mary Rechtoris at mrechtoris@beckershealthcare.com

More articles on surgery centers:
Nobilis director purchases 10k company shares: 3 insights
AmSurg poised for 2016 growth — 8 things to know
Morningstar rates Tenet shares — 5 takeaways

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

Advertisement

Next Up in ASC News

Advertisement

Comments are closed.