Risk factors

Surgery Partners (SGRY) risk factors

Item 1A of every Surgery Partners, Inc. 10-K on file, and what changed from one year to the next. Readings are automated and can be wrong; check the filing for the exact wording.

  • FY2025 10-K risk factors
    43 risks6 new6 dropped13 reworded

    Surgery Partners faces reimbursement pressures, rising patient co-pay collection risks, and expiring ACA subsidies driving uncompensated care. Intercompany loan balances rose to $44.2 million, and Bain Capital's ownership stake shifted to 38.6%.

    Filed Mar 02, 2026
  • FY2024 10-K risk factors
    43 risks

    The company faces heavy concentration risk in Idaho and high reliance on government and private payors. Substantial debt and net operating losses create severe financial pressures. Strict healthcare regulations and compliance demands threaten operations and revenues.

    Filed Mar 07, 2025