Three details:
1. Surgical case volume increased 1.1 percent compared to the same period last year, while revenue decreased 2 percent. Revenue at the end of the quarter was $102.1 million.
2. Adjusted earnings before interest, tax, depreciation and amortization fell 5.4 percent to $21.4 million.
3. Medical Facilities Corp. recorded a $22 million non-cash impairment charge related to underperformance of one of its Nueterra ASCs.
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At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.