Here are five things to note on ASC management companies from the past week.
Virtua Health and Surgical Care Affiliates partnered with Bergen-Passaic Cataract Laser and Surgery Center in Fair Lawn, N.J. As of June 30, 2016, SCA operated 201 surgical facilities and was in partnership with almost 3,000 physicians.
KeyCorp analysts expect Surgery Partners to report earnings per share of $0.14 for the third quarter. The estimate is down from their previous forecast of $0.18 EPS.
Two AmSurg centers participated in the new ASC Quality Measure through the ASC Quality Collaboration. Sunrise Endoscopy Center and Puyallup (Wash.) Endoscopy Center successfully piloted a new ASC Quality measure through the ASC Quality Collaboration.
Since last summer, Tenet Healthcare has lost $3.6 billion in market cap and has had five consecutive quarters of net losses.
During the second quarter of 2016, Medical Facilities Corp. had a payout ratio of 82.8 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.
More articles on surgery centers:
Analysts weigh in on expected Surgery Partners Q3 earnings: 4 notes
Striking when the market is hot: Industry experts on when to sell your ASC
5 reasons why Tenet’s stock is falling after 5th quarter of net losses