United Surgical Partners International's net income for the first quarter was $7.6 million, down 59.5% from the same time last year. 
Increased operating expenses largely contributed to the drop. Total revenue was up 13 percent over 2012, but operating expenses increased 17 percent, from $90.5 million in 2012 to $106.2 million this past quarter, which ended March 31.
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Increased operating expenses largely contributed to the drop. Total revenue was up 13 percent over 2012, but operating expenses increased 17 percent, from $90.5 million in 2012 to $106.2 million this past quarter, which ended March 31. More Articles on Devices:
35 Orthopedic & Spine Devices Receive FDA 510(k) Clearance
Medical Device Tax Costs Will Be Absorbed by Companies, Not Passed to Hospitals
Orthofix's Slumped Spine, Orthopedic Sales Brought 17% Gross Profit Drop in Q1