Here are eight things to know:
1. Revenues totaled $286.2 million, up 7.2 percent from first quarter fiscal year 2016.
2. Same-facility revenues increased 7.8 percent to $289.6 million.
3. Surgery Partners net losses were $2.8 million. In the first quarter last year, the company had $7.19 million in net losses.
4. Adjusted EBITDA rallied 4.4 percent to $40.1 million.
5. The company had $0.06 diluted net loss per share, as opposed to $0.15 in the first quarter 2016.
6. Surgery Partners owned or operated 104 surgical facilities and had partnerships with 56 physician practices as of March 31.
7. For 2017, the company expects revenue growth between 9 percent and 11 percent.
8. Surgery Partners anticipates 2017 adjusted EBITDA to increase between 10 percent and 15 percent.
Surgery Partners CEO Mike Doyle said, “Surgery Partners recorded solid revenue growth again for the first quarter of 2017. During the quarter, we were pleased to see more high-acuity cases at many established facilities and the initial contributions from acquisitions closed during 2016.”
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