CRH Medical sees Q4 gains, overall dip in revenue in 2020: 5 details

CRH Medical reported an uptick in fourth-quarter revenue in 2020 compared to 2019, but saw a year-over-year drop in the first through third quarters of 2020.

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Five details from CRH Medical’s fourth-quarter and year-end results:

1. The company had $36.8 million in revenue during the fourth quarter of 2020. That’s a 21 percent increase from the same time in 2019. Revenue from anesthesia services was $34.1 million. 

2. There were 108,681 anesthesia patient cases in the fourth quarter.

3. In 2020, CRH Medical saw $106.2 million in revenue from the first to third quarters. That’s a 12 percent decrease compared to the same period in 2019.

4. Anesthesia revenue from the first to third quarters was $97.7 million, an 11 percent decrease from the same time in 2019.

5. There was a 6 percent decrease in anesthesia patient cases from 2019 in the first to third quarters, with 323,644 reported.

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