Health Care Facilities

Citi released its report yesterday on AmSurg Corp (NASDAQ: AMSG), raising its PT from $24 to $32.50. In a note to clients, Citi writes, "This afternoon AMSG announced the acquisition of Dallas based National Surgical Care, a private multi-specialty provider with 18 ASCs. The deal should add $125m...

Deutsche Bank is maintaining its Hold rating on shares of Amsurg Corp. (NASDAQ: AMSG). “Amsurg acquired National Surgical Care for $173.5M (~7.8x FW Adjusted EBITDA‐MI and 1.3x FW revenue),” Deutsche Bank writes. “National Surgical Care owns and operates 18 ASCs including 16 multispecialty clinics...

Citigroup has raised the price target on AmSurg Corporation (NASDAQ: AMSG) from $24 to $32.50 and maintains its Buy rating.

Jefferies, which raised its PT on shares of AmSurg Corp. (NASDAQ: AMSG), is providing color on the stock. “We believe AMSG's pending acquisition of National Surgical Care is strategically sound as it will expand the company's footprint and further diversify its portfolio, increasing its...

Jefferies and Co. is reiterating its Buy rating and its price target of $5 on RadNet Inc. (NASDAQ: RDNT), based upon recommendations from MedPAC. In the report, Jefferies writes, “MedPAC's draft recommendations, which seek to moderate spending on advanced imaging modalities, in our view, will end...

Jefferies & Company has raised the price target on AmSurg Corporation (NASDAQ: AMSG) from $20 to $30 and maintains its Hold rating.

In a Form 4 filed earlier today, Sunrise Senior Living Inc. (NYSE: SRZ) Chairman of the Board, Paul Klaassen, reported that he sold 200,000 shares of SRZ on April 6th for an average price of $10.06. The transaction totaled $2,011,320. This sale was 10b5-1 Plan indicated. Mr. Klaassen owns 3,315,...

AmSurg Corp. (NASDAQ: AMSG), today announced the signing of a definitive merger agreement for the acquisition of Dallas, TX-based National Surgical Care for $173.5 million in cash.

Morgan Stanley maintains its Equal-weight rating on Health Management Associates (NYSE: HMA), but looks to service expansions to drive gains for the company. Says Morgan Stanley in the report, HMA remains very focused on service line expansions, which tend to drive higher margin and higher acuity...

Below are the top small-cap long-term care facilities stocks on the NYSE and the NASDAQ in terms of revenue. The trailing-twelve-month revenue at Sun Healthcare Group Inc (NASDAQ: SUNH) is $1.91 billion. SUNH's PEG ratio is 0.89. The trailing-twelve-month revenue at Sunrise Senior Living Inc (...

Sunrise Senior Living, Inc. (NYSE: SRZ) issued the following statement today about the matter at The Quadrangle: We are taking these allegations very seriously. Our number one concern, above all else, is the safety of our residents. We have a number of policies and procedures in place that...

According to Morgan Stanley, Health Management Associates (NYSE: HMA) 2011/2012 forecasts are maintained after bullish analyst day. Morgan Stanley reported that for now, it remains comfortable with its current 2011/12 EBITDA forecasts of $809/$861 mm, respectively. “For its part, HMA re-affirmed...

Maxim has upgraded LCA Vision (NASDAQ: LCAV) from Hold to Buy and has established a $9 price target.

Health Management Associates' (NYSE: HMA) specific re-contracting initiatives generated $6m of savings in 2010. Mngt expects >$6m of annualized savings in 2011. Specifically, the company will renegotiate contracts with 3 of its 4 cardio vendors and 2 ortho vendors. Increased physician employment...

Stocks Near Or Above 52-Week High: Equifax Inc. (NYSE: EFX) is currently trading at $39.86 which is near the 52 week high of $39.88. The Coca-Cola Company (NYSE: KO) is currently trading at $67.63 which is near the 52 week high of $67.70. Humana (NYSE: HUM) is currently trading at $70.86 which...