Brentwood, Tenn.-based Surgery Partners reported second-quarter revenue of $826.2 million, an 8.4% year-over-year increase that surpassed Wall Street expectations, according to its earnings report released Aug. 5.
Here are five more things to know:
1. Same-facility revenues increased by 5.1% and same-facility case volumes rose by 3.4%
2. Despite recording a net loss of $2.5 million for the quarter, the company reported adjusted EBITDA growth of 9%, reaching $129 million.
3. Surgery Partners also reaffirmed its full-year financial guidance, projecting total revenue between $3.3 billion and $3.45 billion, and adjusted EBITDA between $555 million and $565 million.
4. As of June 30, 2025, the company reported a cash position of $250.1 million and available credit of $394.9 million, reflecting a strong liquidity profile.
5. “Our continued focus on maximizing portfolio performance, optimistic outlook on surgical trends and regulatory landscape, and focus on exceptional clinical quality and value, positions us for continued growth in 2025 and beyond,” CEO Eric Evans said in a release. “Our growth is the result of a relentless focus on excellence and differentiation in our core short-stay surgical service lines.”
