The company, which operates 54 surgical facilities, reported revenue of $109.3 million for the quarter, up from $83.5 million in the first quarter of 2010. Symbion also saw its net loss decline to $2.4 million from the $5.6 million reported in the first quarter of 2010.
The improvements were attributable, in part, to acquisitions — one facility for consolidated reporting purposes and an incremental ownership stake in a Missouri surgery center, according to the report.
Read the Nashville Post report about the earnings for Symbion.
Read the 2011 first quarter SEC filing for Symbion.
Related Articles Featuring Symbion:
3 Keys to NorthStar Surgical Center’s 10-Year (And Counting) Success
5 Tips for Lowering Implant Costs at Orthopedic Surgery Centers
Value of On-Site Inservices for Surgery Center Staff
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.
