The company saw full year revenue of $482 million, up 37% from 2022, according to a Feb. 27 news release. Other highlights for Alphatech’s year include expanding its lateral spine platform, launching 15 new products and training more than 500 surgeons.
For 2024, Alphatec is expecting full-year revenue to grow 23% to $595 million.
“The success we’ve achieved to date is testament: ATEC lateral sophistication, alone, is capable of building a good, profitable company,” Mr. Miles said in the release. “But we aspire for much more. We are building a spine monster, and the informatics and procedural innovation that our 100% spine-focused knowhow will unleash in the years ahead will further our mission to truly revolutionize spine care.”
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.
