SCA, Symbion, Northstar Healthcare & More – 5 Recent Key Notes on ASC Companies
For the first quarter of 2014, Surgical Care Affiliates reported that total net operating revenues, excluding facilities in which the company does not own a controlling interest, increased 2.1 percent from $192 million to $196 million.
Symbion reported $133.97 million in first quarter 2014 revenue, up from $130.38 million in the first quarter of 2013. The company also reported an increase in operating expenses, rising from $109.82 million in the first quarter of 2013 to $112.62 million in the first quarter of 2014.
Medical Facilities Corporation reported $72.9 million in first quarter 2014 revenue, which is consistent with revenue reported in the first quarter of 2013.
Northstar Healthcare reported first quarter 2014 net patient service revenue of $121.1 million, up 194.1 percent from $4.1 million in the first quarter of 2013.
SurgCenter Development and a group of physicians opened the multispecialty Monocacy Surgery Center in Frederick, Md.
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