Tenet increases revenue outlook to $18.5B, Foundation HealthCare’s net revenue reaches $32.6M in Q3 & more — 4 key notes on ASC companies

Here are four updates:

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AmSurg reported its net revenue growth reached $650.2 million in the third quarter, up 29 percent from the same period the year prior. The company’s ambulatory services net revenue growth was up 12 percent to $309 million, and its physician services net revenue was $341.2 million.

In the third quarter, Foundation HealthCare reported net revenue of $32.6 million, a 19 percent increase from the same period in 2014.

Tenet Healthcare increased its revenue outlook to between $18.35 billion and $18.55 billion after reporting its third quarter revenue increased 12 percent.

During the week of Nov. 2 to Nov. 6, Hospital Corporation of America traded at $69.97 per share, up 1.72 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

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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