Becker's Healthcare September 26, 2024
Brentwood, Tenn.-based ASC operator Surgery Partners could be the next “hot takeover” of the market, MarketBeat reported Sept. 25.
The company has a network of more than 200 locations across 33 states as well as more than 4,600 affiliated physicians. As of June 30, Surgery Partners’ ASC network consists of 167 facilities.
Here are five key market notes:
1. Surgery Partners’ revenues increased 14.2% to $762.1 million for the second quarter of 2024.
2. Surgery Partners’ earnings before interest, taxes, depreciation and amortization were $118.3 million, an 18.1% jump year over year. The company’s full-year guidance was also raised to more than $3 billion in revenue and more than $508 million in adjusted EBITDA....
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