Here’s what you need to know.
1. The surgical services company announced several other strong year-over-year numbers. In addition to the strong revenue growth, same-facility revenue increased 10.3 percent in the third quarter to $281.2 million.
2. The company had its net losses decrease to $2.3 million from 2015’s $3.1 million.
3. The company also increased its EBITDA 12.3 percent in 2016 to $44.7 million.
4. Surgery Partners finalized four transactions. It acquired an ASC in Louisiana, two physician practices and an anesthesia practice.
The company also partnered with a health system in Florida to develop and implement their outpatient strategy.
5. Year-to-date the company increased its total revenue from $696.6 million in 2015 to $839.4 million in 2016.
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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.