Jul. 25 at 12:26 AM
Surgery Partners shares rose after the company announced it had placed binding signature pages into escrow for the sale of its interests in Mountain View Hospital and Idaho Falls Community Hospital to Intermountain Health. The two Idaho facilities were valued at approximately
$1.15 billion, with Surgery Partners expected to receive about
$795 million in total consideration. Investors welcomed the transaction as a major balance-sheet catalyst, sending the stock sharply higher during the session.
The company also reaffirmed its 2026 outlook, maintaining revenue guidance of
$3.35 billion to
$3.45 billion and adjusted EBITDA of at least
$530 million, excluding the impact of the sale. CEO Eric Evans described the deal as part of Surgery Partners’ portfolio optimization strategy, allowing the company to redeploy capital and management focus toward its ambulatory surgery center business, where it sees stronger long-term growth opportunities.
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