Becker's Healthcare July 25, 2024
Tenet Healthcare CEO Saum Sutaria, MD, said that as the for-profit system fully emerges from the pandemic, its “repositioned portfolio of businesses is generating stronger results with attractive margins and strong free cash flow generation.”
“The mix of businesses can thrive in any variety of political and regulatory environments as the fundamental tailwinds in the ambulatory demand for USPI, the high-acuity program needs for our hospitals in growing markets, and the need for efficient, effective healthcare services like those from Conifer are strong in the marketplace,” Dr. Sutaria said on the Dallas-based system’s July 24 earnings call.
Dr. Sutaria said the system’s top capital priority remains the expansion of low-cost, high-quality surgical centers “for the communities around the country.”
“This...
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