Exceptional Revenue Growth
For the full year of 2024, total revenue reached $479.9 million, up 94% from $247.6 million in 2023.
Significant EBITDA Increase
Adjusted EBITDA increased from $10.8 million in 2023 to $123.7 million in 2024, up over 1,000%.
Net Income Turnaround
Full year 2024 net income was $52 million compared to a loss of $46 million in 2023.
Hospital Expansion
Opened four new hospitals in 2024, bringing the total to 24 hospitals across 11 states.
Debt Management
Long-term debt decreased from $26 million in 2023 to $22 million in 2024, emphasizing fiscal responsibility.
Arbitration Process Success
Achieved an 80% win rate in arbitration, resulting in significant revenue recovery, with a 150% to 250% increase in reimbursement on the facility collection side.