our conjunction attempt you, I as going insights the August Howard. results revised financial will also and provide also review XXXX to first and quarter financial results. third quarter briefly an drove be some now and our with to provide conjunction as well explanation guidance performance will that Thank our metrics statements I'm performance. our and released update second I in in further were of year of highlight year-end items. this in give March XXXX which some with third certain I material what levels, believe in some in on 'XX items May some XXXX financial our into of to quarter
and discussion my of debt as and income unconsolidated measure. place subtracts interest, equipment, and and amortization, and compensation. to equity on defines in on will or today, interest extraordinary In operations adjusted Adjusted extinguishments a the which I taxes, during noncash for adjusted non-GAAP and is financial disposal the subsidiaries The events earnings noncontrolling loss adjusted earnings in or includes before allocations the company equity term EBITDA, and loss, period. onetime is gains EBITDA taking depreciation of EBITDA losses excludes use other or noncash earnings
loss like full results. that to to review to is attributable quantitative included reconciliation Inc. With adjusted XXXX release. now our of I'd earnings EBITDA our shareholders net third common RadNet, or said, in income A quarter
of total with XXXX, of revenue of For the adjusted million. and third or $XX.X RadNet the third EBITDA company down segments. adjusted $XX.X XX.X% XXXX. individual quarter increased or this as quarter and the Revenue of EBITDA XX.X%, performance million million Making compared to million $XXX.X operating $XX.X increased reported
million $XX.X EBITDA was This adjusted and of in reported compared million segment increase XX.X% or adjusted Center with an $XXX.X quarter. increase of or Imaging third million revenue an and million. $XX.X of EBITDA in year's as revenue $XX.X XX.X% last Our of
advanced higher Driving and gradual this impact movement tight the capitated we of receiving reimbursement payers, and and aggregate strong towards are the same-center procedure expense performance volumes, imaging from were commercial control.
quarter XX.X% as million. million reported $XX.X adjusted or increased of Digital of third EBITDA million XXXX. with was XXXX. increase to of climbed Digital during EBITDA and of $X.X $X.X Health or revenue, which from third in compared The or due XX.X% $X.X segment revenue adjusted a part AI Health growth million increased the $X.X XX.X% significant the in $XXX,XXX and million quarter Revenue
third income $X.XX compared third of million with company the for income a with diluted XXXX fully third Total $X.XX diluted quarter Fully $XX.X million net share of income third net was the net per quarter income a XXXX. quarter the in as of per XXXX. for compared company net of the share quarter was $X.X total of of for XXXX
for leases following: their initiatives. severance of that research or $XXX,XXX the adjusted facilities onetime earnings per from the yet third was $X.XX during items conjunction to with and XX.X a acquisition of [ savings And million adjusted generative quarter, third million AI. loss diluted de per earnings in $XXX,XXX the Adjusting noncapitalized related of and operations. $X.X of OS loss to to DeepHealth compares related share impacting million total including There and $X.X related under company of with development to expense $XXX,XXX and unusual million items, open expenses of expense transaction cost and $X.X swaps. noncash the related total the Cloud novo earnings for of during adjusted quarter third share of diluted $X.XX rate were have million construction the ] interest number This above of adjusted extinguishment debt costs. XXXX. were XXXX. in earnings expenses. the quarter company $X.X million $X.X (sic)
increased quarter and CT increased Overall third as the exams, over taking quarter. XXXX, volume, with routine volume volume imaging volume into the other x-ray, XX.X%. mammography PET/CT account the inclusive increased year's year's of and ultrasound, prior third third exams, MRI compared For of XX.X%. increased quarter, XX.X% prior X.X% all
increased volume prior XXXX, Overall, taking only X.X%, XXXX imaging On and same-center exams, account were same-center centers part MRI a X.X% and the CT increased quarter. quarters year of for third same including basis, increased over of those the XX.X%. X.X% which routine increased into volume volume, volume RadNet both PET/CT
In performed from our make of procedures the were Since point. we'll work we the did third table of aggregate our approach, we go routine I The procedural but following by multi-modality have was down procedures. whereby XX.X% volume broken quarter consistent X,XXX,XXX volumes now numbers, of XXXX, total by won't the a modality, with through we imaging. all the
including In and of operating advanced volumes metric our better remarks, were procedure X.X% that XX.X% last mentioned With and from improves Dr. financial more are a we acuity advanced shift imaging we shift imaging. results, this to margins. of of year's was margins, his procedures the advanced third Berger quarter, third or a call PET/CT. procedures our experiencing continuing CT pricing MRI, In what In higher XX.X%, quarter, our higher towards imaging. our
for balance million year's on third as Overall with million. compares million was income much GAAP primarily $X.X in expense, last XXXX This third the a interest significantly this net and was interest of lower and cash swaps earned interest $XX.X the $XX.X cash XXXX, of the XXXX. larger quarter to rate the our The interest expense quarter. which cash quarter expense In of higher million quarter the from $XX.X from interest is of third balance. counterparties includes interest income quarter compared payments during third result the on cash with
September XX% had balance portion ownership million term bond Note our less debt Imaging $XXX.X company-wide unadjusted balance that compares of guarantor. value of as balance XX, million This a Network's debt last total our debt debt, sheet, And RadNet cash NJIN regard of $XXX for and of net we With XX% -- Jersey to our million of XX discounts, September million. ownership also New includes is of loan net par it at balance is year. which of cash borrower for which our net nor with a $XXX.X as balance. $XX.X XXXX, includes of debt this our of debt this neither
XX, of our cash had of and undrawn on balance September $XXX million. of revolving XXXX, As line a $XXX.X credit we million were
XX, revenue. million, of accounts September accounts of increase receivable At $XXX XXXX, The is the million result our increased increase was business in was an XXXX. year-end receivable balance and from $XX.X primarily
historical September Our XX.X was or DSO, XXXX, low. days XX, sales at outstanding, at days near a
of remainder Through million. spent we $X proceeds capital total purchase expenditures Network code total of Jersey million had as under of equipment New software imaging XX, Imaging in of $XX.X vendor. XXXX, expenditures the from net a a September equipment million capital sale and the cash and This $XXX.X spent from onetime excludes million includes $X.X of notes
guidance time, this levels. I'd revise At XXXX update to financial and like our
anticipation levels and experiencing financial months of strong certain in Given revising of expectations. we exceed X are the original and positive virtually the first trends revised business we believe in upwards our year, the guidance will aspects are that we performance of all our of the financial results
have We've $X.XXX to guidance which to segment, is $XX For billion, to billion increased our EBITDA. to Center million for revenue, our increase adjusted increased also the by revenue $X of now million guidance our range a EBITDA million, $XXX $X.XXX million $XXX roughly to guidance. Imaging we
in conjunction which to by our year opening guidance with this done million, was XX sometime on novo which our capital have we increased spending the expenditures, level locations XXXX. million be to facilities, $XXX For in end de $XXX we in of X, increased will
flow as $XX free level expense, million guidance having free million increased to interest $XX we than $XX anticipated our our $XX of which larger And $XX million, million cash roughly and range, interest our balance to guidance. a million a cash is cash income. to $XX result increase to flow more cash we having to Our million decreased a in
related on For initiatives. to our noncapitalized substantially the million same. remains Digital Health R&D by Cloud-based our and AI we increase guidance $X -- OS spend DeepHealth generative segment, the did the We
remarks I'll XXXX on with an reimbursement. conclude my Medicare update
of time As we which to year, the of proposed the Medicare With in CPT respect part our rates this by July matrix is Medicare reminder, our that proposal to and At received We business schedule represents using those is that reimbursement expected XXXX year. rates. typically compared of a an reimbursement that code, time, fee volume XX% every analysis initial we volumes. physician analysis rates mix. of released XXXX completed about weighted procedure
favor reimbursement recall, for evaluation certain which As X particularly you may increased CPT management these specialties care from with for proposed regularly physician moved come reallocating who that bill these so to codes, budget CMS services, primary ago, physicians imbursement for forward doctors. and codes. physicians codes regularly it neutrality, to meaning bill to E&M with from who CMS proposed the doing rarely bill these that years
from pay care other reimbursement in through reimbursement benefit a intentional of radiology XXXX, for phase-in primary As provided and reimbursement physicians. and specialties experienced cuts result, most to the to XXXX cuts the
this cuts The proposed certain radiology this CPT this legislation rule, the of in by in in about currently the phased The fee appropriated. for substantially part the XXXX XXXX passed minor schedule congressional effectively that in were consolidated a related Medicare to codes. Medicare cut the E&M in experiencing conversion changes was code July governed cost from results year X.X%, are the repeat year, RVUs as decrease factor March appeared avoided remainder to along be with we of of the by year. in certain we mitigated of of XXXX in proposed reimbursement, In
with business. July. October, in Medicare's consistent a roughly RadNet million billion million proposal proposal face released $X very its XXXX final for hit ago, weeks the was would Medicare $X was initial rule, to in Our few which next initial end at of analysis an of revenue revenue approximately the the that implied $X.X from year on in
in physicians, factor have there cuts, Greg various radiologists, decrease cosponsors many aggressively representative from patient Murphy the the lobbying In cut. to response medical been proposed access stabilization. the Medicare North the from Carolina, affects introduce conversion not bipartisan with the Because X specialties groups practice along Republican all and just opposing of
just provide X.XX%. a that XXXX, X.XX% mitigating increase final increasing year Medicare Medicare would XXXX bill schedule for the the in and The calendar by fee and Medicare essentially rule X.X% to factor reimbursement conversion released
Medicare more We will expect in for vote which that time sometime on clarity bill XXXX put be next have month, rates. forth this at will Congress we reimbursement
I'd call closing who some remarks. to over now make back to like Dr. Berger, will the turn
