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First Surgical Partners Inc.(fka FSPI)

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Last Post: 8/12/2013 12:38:18 PM - Followers: 0 - Board type: Free - Posts Today: 0

Business Description First Surgical, including its subsidiaries, is an owner and operator of two ambulatory surgery centers ("ASC"), First Street Surgical Center, L.P. and First Surgical Woodlands, L.P., and a general acute care hospital, First Street Hospital, L.P., all located in the greater Houston, Texas metro area. Procedures performed include non-threatening surgeries, such as bariatrics, reconstructive and cosmetic plastics, orthopedics, pain management, neurosurgery and podiatry, which are often completed on an outpatient or short stay basis. The revenues for fiscal year ending December 31, 2009 were $44,372,964. Net earnings for that same period were $10,084,659 or $0.28 per share based on weighted average shares outstanding of 36,002,950 for the period.
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