Tenet expects Q1 revenue at $4.9B, Surgery Partners outlines $400M senior note & more — 5 key notes on ASC companies

Here are five updates on ASC companies from the last week.

Surgery Partners subsidiary Surgery Center Holdings priced a $400 million senior note offering. Previously, the company priced $400 million aggregate principal amount of 8.872 percent senior unsecured notes is due 2021 and is expected to close on March 31. The offering is subject to customary closing conditions.

AmSurg is supporting the March of Dimes by sponsoring a team to raise funds for the Nashville March of Dimes for Babies event, which takes place later in April.  The March of Dimes conducts research to prevent premature births, birth defects and infant mortality.

During the first quarter of 2016, Tenet Healthcare expects to deliver revenue of $4.7 billon to $4.9 billion.

As of Dec. 31, 2015, Medical Facilities Corp. had consolidated net working capital of $85.7 million, including cash and cash equivalents and short-term investments of $70.9 million and accounts receivable of $48.8 million.

During the week of March 28 to April 1, Hospital Corporation of America shares traded at $79.20 per share, up 3.7 percent.

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.

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