Four things to know:
1. Quarterly sales grew 39 percent year-over-year, according to a July 30 news release.
2. Surgical revenue grew 41 percent year-over-year with $102 million.
3. The company saw a 32 percent increase in surgical volume and a 7 percent increase in average revenue per procedure year-over-year.
4. Alphatec is raising its full-year guidance and expects total revenue to grow 32 percent compared to 2022.
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.
