Five things to know:
1. Higher inpatient volume and and more high-acuity cases contributed to a 1.8 percent increase in revenue compared to the fourth quarter of 2018.
2. Income from operations increased to $25.9 million, an increase of 8.8 percent.
3. Earnings before interest, taxes, depreciation and amortization also increased 8.5 percent, to $32.7 million.
4. For the full year, surgical cases increased 2.1 percent compared to 2018 year-end results.
5. Income from operations fell 38.7 percent from the year prior, to $4.5 million.
Read more here.
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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.