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Surgical Care Affiliates, Inc.

No Longer Reporting

The company has not filed an annual or quarterly report since its FY2016 10-K, filed Feb 21, 2017. Its latest SEC filing is a SC 13G/A from Feb 13, 2018.

The sections below describe the company as of the FY2016 annual report.

What Did They Do?

Operates outpatient surgery centers and surgical hospitals, providing facilities and operating support to physicians, health plans and health systems.

Who Were Their Customers?

Physicians refer patients to SCA facilities. SCA builds strategic partnerships with health plans, medical groups and health systems, and negotiates commercial health-plan agreements directly with health system partners.

Did Revenues Turn Into Profits?

Yes. It kept 3 cents of every revenue dollar as net income in FY2016 and turned 18 cents into free cash flow.

Operating income, FY2016
19% of revenue
▲ +1% vs FY2015 ($244.7M, 23%)
Net income, FY2016
3% of revenue
▼ −69% vs FY2015 ($115.3M, 11%)
Free cash flow, FY2016
18% of revenue
▲ +7% vs FY2015 ($218.4M, 21%)

How Were They Changing?

Since the FY2016 annual report
  • Mar 24, 2017 UnitedHealth Group acquired SCA and completed the mergers SCA became an indirect wholly owned subsidiary of UnitedHealth Group, and its shares were delisted from Nasdaq.

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