Here are seven updates on ASC companies and industry-relevant companies to note:
Nashville, Tenn.-based HCA Healthcare reported a 7.4 percent increase in revenue to $11.5 billion for the second quarter of fiscal year 2018. The company also reported freestanding ASC volume growth of 1.5 percent. Read more.
During Nashville-based HCA Healthcare's 2018 second quarter conference call transcribed in Seeking Alpha, CEO R. Milton Johnson offered insights into whether the company planned to expand its ASC business.The short answer? No. Read more.
The FTC approved KKR's plan to buy Nashville-based Envision Healthcare Corp. July 19.
CRH Medical Corp. purchased 51 percent of Kirkland-based Lake Washington Anesthesia, a gastroenterology anesthesia practice.
The urgent-care division of Minnetonka, Minn.-based UnitedHealth Group is opening new facilities in Texas, further expanding UnitedHealth's presence in the state, the Minnesota StarTribune reports.
Madison, Miss.-based Capital Ortho is set to open a new full-service outpatient surgery center and on-site physical therapy clinic this fall.
The ASC Payment Transparency Act of 2018 passed in the U.S. House of Representatives and will advance to the U.S. Senate for consideration. Read more.