Here are seven updates on ASC companies from the last week.
During the first quarter of 2016, AmSurg net revenues for ambulatory services reached $307.1 million, up 8 percent from $283.9 million for the first quarter the year prior.
Kenneth R. Goulet is joining Surgical Care Affiliates' board of directors, starting June 1, 2016. Prior to joining SCA, Mr. Goulet held leadership roles with Anthem, including executive vice president and president of Anthem's commercial and specialty business.
Surgical Care Affiliates partnered with Frederick, Md.-based Thomas Johnson Surgery Center, effective May 1. Through the partnership, SCA operates a total of five surgical facilities in Maryland.
During the first quarter of 2016, Nobilis Health's net loss was $5 million, an increase from $4.5 million during the first quarter last year.
Tenet Healthcare's net cash provided by operating activities was $147 million during the past quarter, up from $57 million during the first quarter of 2015.
Medical Facilities Corp. appointed independent director Marilynne Day-Linton as the board of directors' chair. The other newly elected directors include:
• David R. Bellaire
• Stephen Dineley
• Irving R. Gerstein
• Dale Lawr
• Jeffrey Lozon
• John T. Perri
Foundation HealthCare acquired majority interest in Ninety Nine Healthcare Management, a physician practice management company. Foundation HealthCare projects the acquisition to be accretive to the company's earnings in the first 12 months after closing.
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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