Here are five more things to know:
1. Surgery Partners’ third-quarter revenue was $770.4 million, up 14.3% year over year and slightly above analysts’ expectation of $769.09 million, or up 14.1%.
2. The company also reported a loss of $31.7 million in its third quarter.
3. Adjusted earnings before interest, taxes and appreciation was $128.6 million, up 21.9% growth compared to the prior year.
4. Full-year 2024 revenue and adjusted EBITDA guidance was reaffirmed at more than $3.075 billion and greater than $508 million, respectively.
5. Same-facility revenue increased 4.2% and same-facility cases increased 3.7%.
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.
