Acquisitions drive SCA 2Q revenue up 18 percent

DEERFIELD - Surgical Care Affiliates reported operating revenues for the second quarter of 2016 increased 18.2 as the company expanded its operations.

Operating revenue for the quarter was $299.9 million, an increase of 18.2 percent over the prior year second quarter. For the second quarter of 2016, net income attributable to SCA grew 25.1 percent to $5.7 million.

"We are pleased with our clinical, strategic and financial performance. Patient care is our first priority, and our success is driven by our outstanding physicians and teammates, who continue to achieve strong clinical quality and patient satisfaction results," said Chairman and Chief Executive Officer Andrew Hayek. "From a strategic standpoint, we continue to partner with health plans, medical groups and health systems, and our development pipeline remains strong. We are grateful to our physicians and teammates across the country who are dedicated to outstanding patient care and to building our SCA community."

SCA acquired nine new facilities during the quarter, four of which are consolidated, two of which are nonconsolidated and three of which are managed-only facilities. One of the nine facilities acquired was absorbed into an existing facility and ceased operations at its old location. In addition, the company exited one managed-only facility. Since the end of the second quarter, the Company has added two new facilities, one of which is consolidated and one of which is nonconsolidated.

SCA's total facility count is 203.

The company said it will continue to partner with health plans, medical groups and health systems to improve surgical delivery.