Welcome to our dedicated page for Surgery Partners news (Ticker: SGRY), a resource for investors and traders seeking the latest updates and insights on Surgery Partners stock.
Surgery Partners, Inc. reports developments tied to its short-stay surgical facility network and outpatient delivery model. The company provides surgical and related ancillary care through ambulatory surgery centers, surgical hospitals, anesthesia services, multi-specialty physician practices and urgent care facilities, with revenue tied to patient care services and facility case activity.
Recurring SGRY news includes quarterly results, same-facility revenue and case trends, adjusted EBITDA and guidance, operational initiatives, portfolio optimization, acquisition activity, financing and leverage actions, share repurchase authorizations, board composition and shareholder communications involving the company’s strategic direction.
Surgery Partners, a top short-stay surgical facility operator, will present at the J.P. Morgan Virtual Healthcare Conference on January 10, 2022, at 5:15 PM (Eastern Time). The event will feature discussions with Wayne S. DeVeydt, Eric Evans, and Tom Cowhey. Interested investors can access the live webcast on the company's website, with replays available afterward. Headquartered in Brentwood, Tennessee, Surgery Partners operates over 180 facilities across 31 states, focusing on high-quality, cost-effective surgical care.
Surgery Partners, Inc. (Nasdaq: SGRY) completed its public offering of 6,900,000 shares at $46.50 per share, raising approximately $320.9 million. The offering included 900,000 shares from the underwriters' option. Proceeds will be used for general corporate purposes, including acquisitions and debt repayment. The offering was conducted under an effective shelf registration statement filed with the SEC. Major bookrunning managers included BofA Securities and J.P. Morgan.
Surgery Partners, Inc. (Nasdaq: SGRY) has priced its public offering of 6,000,000 shares at $46.50 each, aiming to raise approximately $279 million. The offering, closing on or about November 12, 2021, includes a 30-day option for underwriters to purchase an additional 900,000 shares. Proceeds will support general corporate purposes, including acquisitions and debt repayment. BofA Securities, J.P. Morgan, and Jefferies are leading the offering.
Surgery Partners announced a public offering of 5,000,000 shares of its common stock, with an option for underwriters to purchase an additional 750,000 shares. The offering is subject to market conditions and the actual size may vary. Proceeds will be used for general corporate purposes. The shares are offered under an effective shelf registration statement filed with the SEC on January 25, 2021. BofA Securities, J.P. Morgan, and Jefferies are the lead managers for the offering.
Surgery Partners (NASDAQ:SGRY) reported strong Q3 2021 results, with revenues of $559.2 million, a 12.7% increase year-over-year. Adjusted EBITDA rose 25% to $76.4 million. Despite a net loss of $22.9 million, the company anticipates FY 2021 adjusted EBITDA of $325-$330 million. Key drivers included a 6.2% increase in same-facility case volume and a strategic focus on high-acuity procedures. Cash and equivalents stood at $330.4 million. Overall, Surgery Partners is well-positioned for growth amid the ongoing pandemic.
Surgery Partners, Inc. (NASDAQ:SGRY) will announce its third quarter 2021 results on November 2, 2021, after market close, followed by a conference call at 5:00 p.m. ET. Investors can join the call by dialing 1-877-451-6152 (domestic) or 1-201-389-0879 (international). A replay will be available until November 16, 2021.
Founded in 2004 and headquartered in Brentwood, Tennessee, Surgery Partners is a leading healthcare services provider with over 180 locations across 31 states, focusing on outpatient surgical care.
Surgery Partners (NASDAQ: SGRY) reported a 45% increase in Q2 2021 revenues to $543.3 million compared to the previous year, along with a 68% rise in same-facility case volume. Adjusted EBITDA for the quarter grew by 30% to $75.9 million, while net loss attributed to shareholders was $26.9 million. The company improved its full-year Adjusted EBITDA guidance to at least $325 million. With a robust liquidity position, Surgery Partners aims to continue enhancing its service offerings, supported by strong performance across all service lines and a significant increase in total joint procedures.
Surgery Partners, a leading owner and operator of short-stay surgical facilities, will release its second quarter 2021 results before market opening on August 4, 2021. This announcement includes a conference call at 8:30 a.m. ET, where interested parties can join via dial-in or webcast. The company operates over 180 locations across 30 states, focusing on high-quality, cost-effective surgical care. Interested investors can access the call and additional information through the company's website.
Surgery Partners and UCI Health have launched a strategic partnership aimed at enhancing access to outpatient surgical facilities for nearly 4 million residents in Southern California. This agreement will allow UCI Health to serve more patients needing same-day procedures, increasing outpatient surgical capacity. Surgery Partners CEO Eric Evans expressed optimism about the partnership's potential for growth and the delivery of cost-effective, high-quality care. The collaboration is expected to significantly improve local healthcare options and expand surgical services provided by both organizations.
Surgery Partners, a leading surgical services provider, announced participation in the Jefferies Virtual Healthcare Conference. Executive Chairman Wayne DeVeydt and CFO Tom Cowhey will present on June 2, 2021, at 3:30 p.m. ET. Interested investors can access the live webcast through the Investor Relations section of their website, with replay available later. Surgery Partners operates over 180 locations across 30 states, providing high-quality outpatient surgical care. For more details, visit www.surgerypartners.com.