1. USPI reported $159.2 million in net revenues for the third quarter, up 5 percent from $151 million in the previous year’s period. Operating income was $64.4 million, up 2 percent from $63.1 million.
2. The company’s cash flow from operating activities was $53.9 million, up from $50.7 million in the third quarter of 2013. USPI invested $3.5 million in maintenance capital expenditures and $300,000 in existing facility infrastructure.
3. For the nine months ended Sept. 30, USPI reported consolidated net revenues of $466.1 million compared to $451.4 million in the prior year period. Operating income increased from $181.9 million to $183.7 million.
4. As of Sept. 30, the company owned and operated 219 facilities, 155 of which were not consolidated. System-wide revenues for the company’s facilities increased 11 percent on a year-over-year basis.
5. USPI acquired an interest in three facilities during the third quarter. The company intends to acquire two to four additional facilities before the end of the year.
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