Here are five updates on ASC companies:
1. AmSurg acquired Bay Area Anesthesia in Tampa, Fla. Bay Area Anesthesia has three locations and two ASCs.
2. Barclay analysts raised Surgical Care Affiliates' price target from $42.00 to $45.00. SCA presently has an average rating of "hold."
3. AmSurg received a "strong-buy" rating from Zacks and currently has a price target of $95.00.
4. Tenet Healthcare was hit by $136 million in write-downs, acquisition-related costs and other one-time items.
5. Hospital Corporation of America profits surpassed expectations in the second quarter. HCA profits reached $507 million, a 5 percent increase from the same period a year prior.
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.
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