Surgery Partners revenue jumps 16.4%: 6 notes 

Brentwood, Tenn.-based Surgery Partners' revenue jumped to $596.2 million in the first quarter of 2022, a 16.4 percent increase from the first quarter a year prior.

Here are six more updates from the company's first quarter revenue results, released May 3:

1.  Surgery Partners' same-facility revenues increased 8.2 percent from the prior year period. Same-facility case volume increased 6.3 percent. 

2. Adjusted earnings before interest, taxes, depreciation and amortization increased 5.8 percent over the prior year period, to $7.7 million. 

3. As of March 31, Surgery Partners had 127 surgical facilities. 

4. Surgery Partners posted a net loss of $31.3 million in the first quarter. 

5. Surgery Partners had $328.9 million in cash and cash equivalents at the end of first quarter.

6. Surgery Partners performed over 142,000 surgical cases in the first quarter, with growth across all specialties.

Copyright © 2022 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.

 

Featured Learning Opportunities

Featured Webinars

Featured Whitepapers

Featured Podcast