Zach Laverty's questions to Surgery Partners Inc (SGRY) leadership • Q2 2025
Question
Zach Laverty, on behalf of KeyBanc Capital Markets, questioned the company's portfolio optimization strategy, asking about service lines considered less core and the target leverage ratio following these potential actions.
Answer
CEO Eric Evans explained that the company is evaluating opportunities to sell or partner on facilities to accelerate leverage reduction and increase cash flow, with a focus on growing core ASC service lines. CFO Dave Doherty reiterated the company's leverage target remains in the 3x range and noted that portfolio optimization could help achieve this goal faster.