Reuters: Regulatory News: Surgical Care Affiliates files for IPO of up to $100 mln

Reuters: Regulatory News Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com

How to Make, Market, and Sell eBooks Essential and free e-publishing methods to market ebooks at major retailers and personal sites/blogs. Sign up for this online course for just $29. From our sponsors

Surgical Care Affiliates files for IPO of up to $100 mln Sep 5th 2013, 11:28 Sept 5 | Thu Sep 5, 2013 7:28am EDT Sept 5 (Reuters) - Surgical Care Affiliates Inc, a provider of outpatient surgery facilities, filed with U.S. regulators on Thursday to raise up to $100 million in an initial public offering of its common stock. The company had 167 ambulatory surgery centers, five surgical hospitals and one sleep center as of June 30, it said in a filing with the Securities and Exchange Commission. () Surgical Care Affiliates said it expects to benefit from growing demand for surgical delivery services, which account for 30 percent of medical spending for individuals with commercial insurance. Surgical Care Affiliates, which counts private equity firms TPG Funds and MTS among its shareholders, did not reveal how many shares the company planned to sell or their expected price. It intends to list its common stock on the Nasdaq. Surgical Care Affiliates reported net operating revenue of $750.1 million and a net loss of $20.0 million for the year ended Dec. 31. The amount of money a company says it plans to raise in its first IPO filings is used to calculate registration fees. The final size of the IPO could be different.

You are receiving this email because you subscribed to this feed at blogtrottr.com. If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions