Becker's Healthcare August 2, 2023
Dallas-based Tenet Healthcare’s ASC chain, United Surgical Partners International, is driving the company’s growth with a 22.2 percent revenue increase in the second quarter year over year.
“USPI’s future is bright, and our capital deployment into this business will continue to grow and develop this portfolio,” CEO Saum Sutaria, MD, said in a July 31 earnings call transcribed by Seeking Alpha
According to the call, Tenet is raising its 2023 earnings outlook by $7.5 million to $385 million, which includes a $45 million raise for USPI. Additionally, USPI has increased its assumptions for same-facility case growth from...