NEW YORK, Oct. 30, 2013 (GLOBE NEWSWIRE) -- The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) announced today that trading of Surgical Care Affiliates, Inc. (SCA) (Nasdaq:SCAI), a leading surgical solutions provider for physicians, health systems and payers, commenced on The NASDAQ Stock Market on October 30, 2013.
An industry leader, SCA partners with physicians, health systems and payers to develop and implement surgery strategies across the country. As of June 30, 2013, SCA operated more than 170 surgical facilities – including ambulatory surgery centers, surgical hospitals, and hospital surgery departments – in partnership with approximately 2,000 physicians and in affiliation with more than 40 not-for-profit health systems across the country. SCA's clinical systems, service line growth strategies, benchmarking processes and efficiency programs create measurable advantage for surgical facilities – clinically, operationally and financially.
"SCA has been dedicated to improving surgical facilities throughout the United States since its founding," said Nelson Griggs, Senior Vice President, NASDAQ OMX Corporate Client Group. "We congratulate SCA on its initial public offering and we look forward to an enduring partnership with the company and its shareholders."
SCA joins a variety of health care companies that call NASDAQ OMX home. NASDAQ has been the exchange of choice to over 89 percent of health care companies that have listed on U.S. markets year-to-date in 2013.
About NASDAQ OMX Group:
The inventor of the electronic exchange, The NASDAQ OMX Group, Inc., fuels economies and provides transformative technologies for the entire lifecycle of a trade - from risk management to trade to surveillance to clearing. In the U.S. and Europe, we own and operate 26 markets, 3 clearinghouses and 5 central securities depositories supporting equities, options, fixed income, derivatives, commodities, futures and structured products. Able to process more than 1 million messages per second at sub-40 microsecond speeds with 99.99% uptime, our technology drives more than 70 marketplaces in 50 developed and emerging countries into the future, powering 1 in 10 of the world's securities transactions. Our award-winning data products and worldwide indexes are the benchmarks in the financial industry. Home to approximately 3,400 listed companies worth $6 trillion in market cap whose innovations shape our world, we give the ideas of tomorrow access to capital today. Welcome to where the world takes a big leap forward, daily. Welcome to the NASDAQ OMX Century. To learn more, visit nasdaqomx.com. Follow us on Facebook (http://www.facebook.com/NASDAQ) and Twitter (http://www.twitter.com/nasdaqomx). (Symbol: NDAQ and member of S&P 500)
The information contained above is provided for informational and educational purposes only, and nothing contained herein should be construed as investment advice, either on behalf of a particular security or an overall investment strategy. Neither The NASDAQ OMX Group, Inc. nor any of its affiliates makes any recommendation to buy or sell any security or any representation about the financial condition of any company. Statements regarding NASDAQ-listed companies are not guarantees of future performance. Actual results may differ materially from those expressed or implied. Past performance is not indicative of future results. Investors should undertake their own due diligence and carefully evaluate companies before investing. ADVICE FROM A SECURITIES PROFESSIONAL IS STRONGLY ADVISED.
CONTACT: NASDAQ OMX Media Contact: Christine Barna (646) 441-5310 Christine.firstname.lastname@example.org
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