Moody’s: Surgery Center view negative

Moody's Investors Service said it revised the outlook on Surgery Center Holdings Inc. to negative from stable.

The agency also affirmed the existing ratings of Surgery Partners, including the B3 corporate family rating and B3-PD probability of default rating.

The change in the rating outlook follows the company's June 13 announcement that it entered into an agreement to acquire Symbion, Inc. for a total purchase price of $792 million. Symbion is an owner and operator of short-stay surgical facilities providing, non-emergency surgical procedures, including orthopedics, pain management and gastroenterology.

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