Surgery Partners Q2 revenue jumps 13%: 6 notes

Brentwood, Tenn.-based Surgery Partners’ revenue jumped 13.3 percent over last year’s second quarter, to $615.4 million.

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Five more updates from the company’s second quarter for 2022, released Aug. 2:

1. Surgery Partners posted a net loss of $18.4 million.

2. The company’s adjusted earnings before interest, taxes, depreciation and amortization increased 13.4 percent to $86.1 million. 

3. Excluding the CARES Act grants, adjusted EBITDA increased 17.8 percent. 

4.The company performed over 149,000 surgical cases, nearly 7 percent more than in the second quarter of 2021. 

5. Surgery Partners expects to grow its earnings by $375 million to $385 million in 2022.

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.

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Is ambulatory care healthcare’s big margin engine? 4 leaders weigh in

Wednesday, July 29
1:00 PM - 2:00 PM CDT

Presenters: Joe Ganley, athenahealthJeffrey Flynn, CASC, Gramercy Surgery CenterBryan Tsao, Access Center, Loma Linda University HealthJason Zepeda, Northridge Hospital Medical Center, CommonSpirit HealthGreg DeConciliis, PA-C, CASC, Boston Out­Patient Surgical Suites

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