Five things to know:
1. Total revenue was $62.9 million, a 53 percent increase year over year.
2. Growing adoption of the prone transpsoas technique in spine surgery led to more than 50 percent of Alphatec’s third-quarter revenue growth.
3. Revenue related to EOS imaging reached more than $11 million.
4. Third-quarter highlights for the company include the release of the ALIF standalone interbody system and the launch of the OsseoScrew.
5. “Despite ongoing market impacts, our surgeon customer base increased significantly,” Pat Miles, Alphatec’s chair and CEO, said in the release. “The accelerating uptake of PTP is testament to the reflected know-how and Atec’s ability to design technology for specific approach requirements.”
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.
