Here are nine notes from the companies’ third quarter financial reports:
1. USPI reported net operating revenue at $806 million for the quarter, up 21 percent over the same period last year.
2. Same-facility ASC volume was up 3 percent in the third quarter.
3. USPI ended the quarter with 440 ASCs and 24 surgical hospitals across 35 states.
1. Optum’s total revenues in the first nine months of 2022 are $134.9 billion, an increase of 17.8 percent year over year.
2. Optum’s third-quarter operating earnings hit $3.6 billion, up from $3.1 billion from the same quarter last year.
3. Optum’s third-quarter operating margin hit 7.9 percent, up from 7.7 percent from the same quarter last year.
1. Surgery Partners raked in $620.6 million during the third quarter — 11 percent growth compared to the same period last year.
2. In the third quarter and through October, Surgery Partners deployed more than $240 million on accretive acquisitions.
3. More than 150 physicians were hired at Surgery Partners facilities, and two ASCs were added.
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.