New York, June 16, 2014 -- Moody's Investors Service revised the rating outlook on Surgery Center Holdings Inc. ("Surgery Partners") to negative from stable. Moody's 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 announcement on June 13, 2014 that it has entered into an agreement to acquire Symbion, Inc. ("Symbion") 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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