Lewisville, Texas-based Adeptus Health, the largest operator of freestanding emergency rooms in the U.S., reported net income of $13.2 million in 2015, compared to a net loss of $3.4 million a year earlier.
The company said net operating revenue hit $364.7 million last year, up 73 percent from a year earlier.
During 2015, Adeptus opened 28 new facilities, including 16 freestanding emergency facilities and one hospital in Texas, and six freestanding facilities in Colorado, which are part of the company's partnership with Aurora-based University of Colorado Health. Adeptus also opened one hospital and four freestanding emergency facilities in Arizona through its partnership with San Francisco-based Dignity Health.
Adeptus had 81 freestanding facilities and two hospitals at the end of last year, and the company intends to expand its footprint in 2016.
"We expect to continue to grow our freestanding emergency room network at a rate of opening 24 new sites per year, including both owned and joint venture facilities," said Adeptus in its earnings release. By the end of this year, Adeptus plans to open its first hospital with New Orleans-based Ochsner Health.
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