Here are five things to know:
1. GAAP net services revenue totaled $22.1 million and GAAP net loss was $26.3 million. In the second quarter 2014, net services revenue was $59 million and net loss was $16.8 million.
2. Accretive Health generated gross cash from consumer contracting activities totaling $47.2 million, compared to $56.5 million for the 2014 second quarter.
3. The company’s net cash generated from customer contracting activities was $6.6 million, compared to negative $3.8 million for the 2014 second quarter.
4. Accretive Health is current with its periodic SEC filing requirements and filed its 10-Q for the second quarter 2015 on a timely basis.
5. The company serves 79 hospitals with collective net patient revenue of $16.5 billion.
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199 ASC industry leaders to speak at Becker’s ASC 22nd Annual Meeting – The Business and Operations of ASCs
At the Becker's 23rd Annual Spine, Orthopedic and Pain Management-Driven ASC + The Future of Spine Conference, taking place June 11-13 in Chicago, spine surgeons, orthopedic leaders and ASC executives will come together to explore minimally invasive techniques, ASC growth strategies and innovations shaping the future of outpatient spine care. Apply for complimentary registration now.
