Becker's Healthcare May 16, 2022
Dallas-based United Surgical Partners International, Tenet Healthcare’s surgery center business, has helped protect the company from the rising labor costs that continue to eat into the bottom line of many hospitals and health systems across the country.
Tenet is optimistic about the rest of the year after reporting positive financial results in the first quarter and is turning their attention back to growing the business after the COVID-19 spike in January has “diminished significantly,” executives said May 10 at the Bank of America Securities Healthcare Conference.
“Our view is that the labor challenges are not really burgeoning,” said CEO Saum Sutaria, MD. “Our ability to manage labor, productivity, length of stay, appropriate utilization of our capacity, given the revenue that’s...