Here are five more things to know:
1. Surgery Partners’ revenue increased 17.5% in the fourth quarter, reaching $864.4 million, up from $735.4 million in the same period of 2023. Full-year revenue grew 13.5%, reaching $3.1 billion, compared to $2.7 billion in 2023.
2. Same-facility revenues rose 5.6% in Q4 and 8% for the full year, while same-facility cases increased 5.1% in Q4 and 3.9% for the full year.
3. Surgery Partners reported a $108.5 million net loss in Q4 and a $168.1 million net loss for the full year.
4. Adjusted earnings before interest, taxes, depreciation and amortization climbed 15.1% in Q4 to $163.8 million. For the full year, adjusted EBITDA rose 16% to $508.2 million.
5. For 2025, Surgery Partners projects full year revenue to be in the range of $3.3 billion to $3.45 billion.
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.