OverviewSuggest Edit

Surgery Partners is a healthcare solutions company specializing in managing, developing and acquiring single and multi-specialty ambulatory surgical centers. The Company's surgical facilities comprise ambulatory surgery centers and surgical hospitals that offer non-emergency surgical procedures in various specialties and pain management. The Company's surgical hospitals also provide acute care services and a suite of ancillary services. Surgery Partners also operates an optical laboratory that manufactures eyewear.

TypePublic
Founded2004
HQBrentwood, US
Websitesurgerypartners.com

Latest Updates

Employees (est.) (Dec 2018)7,900(+9%)
Job Openings160
Revenue (FY, 2018)$1.8 B(+55%)
Share Price (Oct 2019)$7.6 (+2%)

Key People/Management at Surgery Partners

Wayne DeVeydt

Wayne DeVeydt

Chief Executive Officer & Board of Directors

Surgery Partners Office Locations

Surgery Partners has offices in Brentwood, Altamonte Springs, Altoona, Anaheim and in 114 other locations
Brentwood, US (HQ)
310 Seven Springs Way #500
Altamonte Springs, US
683 Douglas Ave #101
Altoona, US
1000 OakLeaf Way
Anaheim, US
1110 W La Palma Ave #2
Asheville, US
34 Granby St
Asheville, US
76 Peachtree Rd #300
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Surgery Partners Financials and Metrics

Surgery Partners Revenue

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Surgery Partners's revenue was reported to be $1.77 b in FY, 2018
USD

Market capitalization (16-Oct-2019)

375.5m

Closing stock price (16-Oct-2019)

7.6
Surgery Partners's current market capitalization is $375.5 m.
Annual
USDFY, 2015FY, 2016FY, 2018

Revenue

959.9m1.1b1.8b

Revenue growth, %

19%

Cost of goods sold

669.3m821.2m1.4b

Gross profit

290.6m324.2m410.0m
Quarterly
USDQ3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q1, 2018Q2, 2018Q3, 2018

Revenue

239.6m267.1m289.7m282.7m286.2m288.4m417.4m444.8m443.9m

Cost of goods sold

168.8m196.7m208.9m201.4m211.9m216.5m327.3m340.1m334.3m

Gross profit

70.8m70.4m80.8m81.3m74.2m71.9m90.1m104.7m109.6m

Gross profit Margin, %

30%26%28%29%26%25%22%24%25%
Annual
USDFY, 2015FY, 2016FY, 2017FY, 2018

Cash

57.9m69.7m174.9m184.3m

Accounts Receivable

177.8m220.6m

Inventories

25.6m28.8m45.0m43.4m

Current Assets

311.0m362.0m563.2m588.3m
Annual
USDFY, 2015FY, 2016FY, 2018

Net Income

72.8m85.1m(95.6m)

Depreciation and Amortization

34.5m39.6m67.4m

Cash From Operating Activities

(17.0m)125.2m144.6m

Purchases of PP&E

(112.6m)(146.4m)(39.8m)
Quarterly
USDQ3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q1, 2018Q2, 2018Q3, 2018

Net Income

36.8m10.4m32.6m47.0m14.4m26.0m5.1m9.4m11.5m

Depreciation and Amortization

25.5m9.6m19.3m29.0m11.1m22.5m15.7m32.4m49.4m

Inventories

24.7m26.6m25.9m26.9m29.3m

Accounts Payable

40.8m45.6m43.9m44.5m47.6m
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Surgery Partners Revenue Breakdown

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Surgery Partners revenue breakdown by business segment: 91.0% from Surgical facility services, 7.9% from Ancillary services and 1.1% from Other

Surgery Partners Online and Social Media Presence

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Surgery Partners News and Updates

Sheridan Capital invests in Oral Surgery Partners

Sheridan Capital Partners invested in Oral Surgery Partners, an oral surgery practice management company. Sheridan invested alongside the company's surgeons and management, who have maintained ownership in the business. The deal was led by Sean Dempsey, Jonathan Lewis, Christopher McCrory and Jonath…

Surgery Partners, Inc. to Present at Upcoming Investor Conferences

BRENTWOOD, Tenn., May 10, 2019 (GLOBE NEWSWIRE) -- Surgery Partners, Inc. (NASDAQ:SGRY) ("Surgery Partners" or the "Company"), a leading provider of surgical services, today announced that management will present at the following conferences:

Surgery Partners, Inc. Announces First Quarter 2019 Results

BRENTWOOD, Tenn., May 08, 2019 (GLOBE NEWSWIRE) -- Surgery Partners, Inc. (NASDAQ:SGRY) ("Surgery Partners" or the "Company"), a leading provider of surgical services, today announced results for the first quarter ended March 31, 2019.

Surgery Partners Announces New Note Offering

NASHVILLE, Tenn., March 25, 2019 (GLOBE NEWSWIRE) -- Surgery Partners, Inc. (NASDAQ:SGRY) (“Surgery Partners”) a leading provider of surgical services, today announced that its wholly-owned subsidiary, Surgery Center Holdings, Inc. (the “Issuer”), intends to offer, subject to market and other cons…

Surgery Partners, Inc. Announces Fourth Quarter and Full Year 2018 Results

Same Store Volume and Revenue Growth, Along with Expanding Margins, Highlight Progress of Strategic Growth Initiatives

Surgery Partners, Inc. Announces Third Quarter 2018 Results

Near Term Results Reflect Ongoing Traction of Strategic Growth Initiatives; Continued Investments to Drive Accelerated Growth in 2019
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Surgery Partners Blogs

CBO and Business Office (Excluding Valencia)

CBO and Business Office (Excluding Valencia) brent Tue, 08/27/2019 - 14:05 Address 1810 Westwind Dr City Bakersfield State …

Valencia Surgical Center

Valencia Surgical Center brent Tue, 08/27/2019 - 14:04 Address 2435 Lyons Ave City Newhall State Cali…

Conejo Surgical Center

Conejo Surgical Center brent Tue, 08/27/2019 - 14:03 Address 339 S. Moorpark Rd. City Thousand Oaks Coordinates …

Bahamas Surgery Center

Bahamas Surgery Center brent Tue, 08/27/2019 - 14:02 Address 2400 Bahamas Dr. City Bakersfield State …

Center for Orthopedic Surgery, LLC (COSI)

Center for Orthopedic Surgery, LLC (COSI) brent Tue, 08/27/2019 - 14:00 Address 6815 Noble Ave. City Van Nuys State …

Roxanne Womack

Roxanne Womack brent Wed, 08/21/2019 - 10:08 Roxanne Womack has served as Chief Compliance Officer of Surgery Partners since November 2018. Previously, Roxanne served as a Medical Center Compliance Officer for Vanderbilt University Medical Center in Nashville,…
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Surgery Partners Frequently Asked Questions

  • When was Surgery Partners founded?

    Surgery Partners was founded in 2004.

  • Who are Surgery Partners key executives?

    Surgery Partners's key executives are Wayne DeVeydt.

  • How many employees does Surgery Partners have?

    Surgery Partners has 7,900 employees.

  • What is Surgery Partners revenue?

    Latest Surgery Partners annual revenue is $1.8 b.

  • What is Surgery Partners revenue per employee?

    Latest Surgery Partners revenue per employee is $224.2 k.

  • Who are Surgery Partners competitors?

    Competitors of Surgery Partners include Renishaw, ImmunoCellular Therapeutics and Helsinki Hospital.

  • Where is Surgery Partners headquarters?

    Surgery Partners headquarters is located at 310 Seven Springs Way #500, Brentwood.

  • Where are Surgery Partners offices?

    Surgery Partners has offices in Brentwood, Altamonte Springs, Altoona, Anaheim and in 114 other locations.

  • How many offices does Surgery Partners have?

    Surgery Partners has 150 offices.