Becker's Healthcare September 30, 2024
Brentwood, Tenn.-based Surgery Partners, a leading ASC operator, has caught the eye of investors amid consistent growth and rumors of potential buyouts, according to a recent analysis from Seeking Alpha.
Here are 10 key points to know:
1. According to the analysis, Surgery Partners completed $225 million in acquisitions across 16 deals in 2023, $245 million in 13 transactions in 2022 and $325 million in 12 deals in 2021.
2. The company reported earnings before interest, taxes, depreciation and amortization of $118.3 million, an 18.1% year-over-year increase.
3. Surgery Partners raised its full-year guidance, now projecting more than $3 billion in revenue and over $508 million in adjusted EBITDA.
4. At the end of the first half of 2024,...