Four things to know:
1. First quarter revenue of $71 million was a 61 percent increase year-over-year.
2. About 40 percent of revenue growth came from Alphatec’s lateral spine surgery procedure products, including for the prone trans-psoas technique.
3. The company trained more than 100 surgeons, contributing to an 18 percent increase in surgeon users year-over-year.
4. Average revenue per surgery grew by 11 percent. Factors contributing to this growth include strong adoption of procedures with more complexity.
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.