Here are seven things for ASC leaders to know for the week of Nov. 21, 2016.
American people want President-elect Donald Trump to prioritize healthcare
A recent Reuters poll found Americans want President-elect Donald Trump to focus on healthcare once he steps into the White House. Of the respondents, 21 percent said they want President-elect Trump to make healthcare his top priority following his inauguration. Sixteen percent said they would like him to focus on jobs and 14 percent want President-elect Trump to prioritize immigration.
Hendrick Surgery Center makes moves to prepare for spring 2017 opening
In lieu of its scheduled spring 2017 opening, Brownwood, Texas-based Hendrick Surgery Center has begun the hiring process. Hendrick Surgery Center is seeking employees to cover every position, including managers, technicians and nurses. The surgery center costs $5.2 million.
SCA shares jump 5%
Deerfield, Ill.-based Surgical Care Affiliates shares rallied 5 percent on Nov. 17, 2016. The shares opened Nov. 17 trading at $42.09. SCA shares closed the day trading at $44.07. The company has a market cap of $1.78 billion.
Blue Shield of California exec reaffirms commitment to marketplace
San Francisco-based Blue Shield of California's Chief Executive Paul Markovich said he remains dedicating to selling coverage on the state marketplace despite talk about a possible ACA repeal. Blue Shield of California covers almost 30 percent of the state's marketplace enrollees.
Health insurance start-up Oscar Health bleeding money
New York-based Health Insurance startup Oscar Health posted $45 million in lost profits for the third quarter of 2016. The insurance startup which pledged to turn the insurance industry "on its head" is hemorrhaging money. Through the first half of 2016, the startup lost $83 million, and in 2015 it lost $105 million. Despite the losses, Oscar Health is a magnet for investors. In February 2016, the company raised $400 million in funding at a $2.7 billion valuation.
UBS unveils new philanthropic portfolio to boost healthcare in neglected communities
The UBS Optimus Foundation introduced "Going Further: a philanthropic health portfolio." The portfolio offers innovative ways to consider financing and delivering transformation healthcare change in the most neglected communities.
Analysts weigh in on Surgery Partners shares
Eight analysts gave Nashville, Tenn.-based Surgery Partners shares a "buy" rating. Analysts have a one-year price target of $21 on Surgery Partners' shares. Surgery Partners has a one-year high of $22.32 and a one-year low of $11.76.