The company announced consolidated net revenue at $151 million during the third quarter. Operating income increased 12.5 percent to $63.1 million. Cash flow from operating activities was down during the third quarter compared to the same period last year.
During the first nine months of 2013, the company acquired one facility, opened one de novo facility and sold its interest in one facility.
“Our operating environment remains challenging as macroeconomic factors and the impact of changing benefit plan design continue to have downward pressure on volumes,” said USPI CEO William H. Wilcox in a company press release. “We continue to believe that the combination of our partnerships with prominent health systems and physicians and our market-specific strategies position us well for the future.”
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