Here are five updates on ASC management companies to note from the past week.
Nine analysts gave Nashville, Tenn.-based Surgery Partners a "buy" rating. The company's market cap. totals $872.87 million.
Frontier Healthcare Holdings and Liberty Endoscopy Center partnered to open a gastroenterology-facing ASC in New York, where the two companies are located. The New York Department of Health issued its approval for the ASC on Jan. 13, 2017.
SurgCenter Development, a Pismo Beach, Calif.-based ASC management company, provided nearly 7,000 joint replacements at its surgery centers last year. In 2016, SurgCenter Development discharged more than 96 of its joint replacements in the same day.
During the week of Jan. 16 to Jan. 20, 2017, Nashville-based Hospital Corporation of America shares rallied 0.4 percent, trading at $79.71 per share.
Dallas-based Tenet Healthcare shares plummeted 2.1 percent during the week of Jan. 16 to Jan. 20, 2017, trading at $18.10 per share.
If you have a question, issue or note to suggest on an ASC management and development company please contact Mary Rechtoris at mrechtoris@beckershealthcare.com.