Franklin, Tenn.-based IASIS Healthcare reported $1.94 billion in net revenue for the first nine months of fiscal year 2014, up from $1.79 billion in the same period for 2013.
The hospital operator's adjusted EBITDAR for the third quarter totaled $204.7 million, which includes $3.5 million of compensation expense associated with a bonus paid to certain members of the company's leadership team. ISIS' adjusted EBITDAR for the first nine months of 2013 was $195.8.
The cash flows used by the company for continuing operations for the first nine months of fiscal year 2014 totaled $3.4 million, compared to $8.9 million in the same period in 2013.
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