Becker's Healthcare July 24, 2024
Tenet Healthcare’s ASC powerhouse United Surgical Partners International is a “top capital priority,” CEO Saum Sutaria, MD, said July 23 during the company’s second quarter earnings call transcribed by Seeking Alpha.
Tenet’s top capital priority “remains the expansion of low-cost, high-quality ambulatory surgical centers for the communities around the country,” Dr. Sutaria said during the call. Tenet will use its “disciplined approach” to improve patient care and physician performance in ASCs’ “fragmented” marketplace, Dr. Sutaria added
USPI’s second quarter revenue hit $1.14 billion, a 21.1% increase from the same quarter last year. Adjusted EBITDA jumped 20.8% from $370 million in the second quarter of 2023 to $447 million in the most recent quarter.
With 520 ASCs and 24...
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