Symbion Reports 34% Increase in Revenue in Fourth Quarter

Symbion has reported its financial results for the fourth quarter and year ended Dec. 31, 2010, highlighted by a 34 percent increase in revenues for the quarter compared to the prior year period, according to a report from the Nashville Post.

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The company reported an annual revenue increase of 20 percent while reducing its net loss to $8.7 million from $22.4 million in 2009.

 

Other highlights for the company include an increase in total number of cases by 2.5 percent and increase in net revenue per case by 19 percent for the year, according to the report.

Read the Nashville Post report about the earnings for Symbion.

 

Read more from Symbion:

 

5 Considerations for Surgery Centers Before Adding Outpatient Spine

 

7 Ways to Make and Save Money in Surgery Center Orthopedics

 

10 Points on Using Cost Data for Managed Care Negotiations

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