Five notes:
1. USPI reported net operating revenue at $3.2 billion for the year, compared to $2.7 billion in 2021.
2. The company’s net operating revenue for the fourth quarter jumped 25.7 percent year over year, hitting $933 million.
3. Same-facility ASC volume was up 0.7 percent in the third quarter and 2 percent for the year.
4. USPI ended the quarter with 442 ASCs and 24 surgical hospitals across 35 states.
5. Adjusted earnings before interest, tax, depreciation and amortization was $1.3 billion for the year and $407 million for the fourth quarter, up from $1.1 billion and $343 million, respectively, year over year.
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.