Becker's Healthcare June 20, 2024
Although the ASC industry is largely fragmented, big players like Tenet Healthcare, HCA Healthcare and Optum are chipping away at ownership as procedures migrate to the outpatient setting.
Dallas-based Tenet, parent company of United Surgical Partners International, has been bullish on ambulatory growth. USPI is the largest ASC chain in the country, with 512 ASCs and 25 surgical hospitals spanning 38 states.
“We see a tremendous opportunity with our ambulatory platform,” CEO Saum Sutaria, MD, said, speaking May 14 at the Bank of America Securities 2024 Health Care Conference. “We’re in this unique space of innovation and ambulatory care growth, which creates a significant amount of value and savings for the system, but it’s also unique in the sense...