How Alphatec, Globus Medical and SeaSpine performed in Q3

Alphatec, Globus Medical and SeaSpine posted their third-quarter financial reports, and all of them saw increased revenues year over year.

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Here is how they compare:

Alphatec

Total revenue: $62.9 million

Notes: Revenue related to EOS imaging reached more than $11 million. The company also grew adoption of the prone transpsoas technique in spine surgery.

Globus Medical

Total revenue: $229.7 million

Musculoskeletal product sales: $209.5 million

Enabling technologies sales: $20.2 million

Notes: Globus Medical acquired Troy, Mich.-based Capstone Surgical Technologies, a robotics company, CEO Dave Demski said in an earnings call. The company also plans to launch the Excelsius 3D imaging system before the end of the year.

SeaSpine

Total revenue: $46.4 million

U.S. spinal implant sales: $21.1 million

U.S. orthobiologics sales: $20.1 million

Notes: Integration of 7D Surgical contributed $2.1 million of enabling technologies capital sales revenue. SeaSpine also launched its Mariner Adult Deformity System and 7D Surgical percutaneous spine module for minimally invasive surgery.

At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.

Register to Attend Webinar

Is ambulatory care healthcare’s big margin engine? 4 leaders weigh in

Wednesday, July 29
1:00 PM - 2:00 PM CDT

Presenters: Joe Ganley, athenahealthJeffrey Flynn, CASC, Gramercy Surgery CenterBryan Tsao, Access Center, Loma Linda University HealthJason Zepeda, Northridge Hospital Medical Center, CommonSpirit HealthGreg DeConciliis, PA-C, CASC, Boston Out­Patient Surgical Suites

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