Surgery Partners, Inc. Announces Earnings Results for the Second Quarter and Six Months Ended June 30, 2021
August 04, 2021 at 07:00 am EDT
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Surgery Partners, Inc. announced earnings results for the second quarter and six months ended June 30, 2021. For the second quarter, the company announced sales was USD 543.3 million compared to USD 374.7 million a year ago. Operating income was USD 59.5 million compared to USD 44.7 million a year ago. Net profit was USD 8.8 million compared to loss of USD 3.9 million a year ago. Basic loss per share from continuing operations was USD 0.39 compared to USD 0.86 a year ago.
For the six months, sales was USD 1,055.7 million compared to USD 815.7 million a year ago. Operating income was USD 123.8 million compared to USD 68.2 million a year ago. Net income was USD 19.6 million compared to loss of USD 12.3 million a year ago. Basic loss per share from continuing operations was USD 0.94 compared to USD 1.63 a year ago.
Surgery Partners, Inc. is a healthcare services company. The Company, through its subsidiaries, owns and operates a national network of surgical facilities and ancillary services. Its segments include Surgical Facility Services and Ancillary Services. The Surgical Facility Services segment consists of the operation of ASCs and surgical hospitals and includes its anesthesia services. Its surgical facilities primarily provide non-emergency surgical procedures across many specialties, including, among others, orthopedics and pain management, ophthalmology, gastroenterology and general surgery. The Ancillary Services segment consisted of multi-specialty physician practices, including physician practices owned and operated pursuant to long-term management service agreements. It is focused on surgical services businesses in the United States, with over 180 locations in 33 states, including ambulatory surgery centers, short-stay surgical hospitals, and multi-specialty physician practices.
SURGERY PARTNERS, INC. 
