Becker's Healthcare February 12, 2024
Tenet Healthcare’s ASC chain, Dallas-based United Surgical Partners International, continues to spur the company’s growth, according to a Feb. 8 earnings call transcribed by Seeking Alpha.
“Tenet is entering a new era with a greater proportion of our performance coming from our highly efficient ambulatory surgical business and a reduced debt profile,” CEO and Chair Saum Sutaria, MD, said in the call. “We will have significant financial and capital flexibility to increase shareholder value over the long-term.”
USPI’s net operating revenues for the fourth quarter of 2023 were more than $1 billion, a 15.4% increase compared to the fourth quarter of 2022. Dallas-based Tenet’s net operating revenues for the fourth quarter of 2023 were nearly $5.4 billion.
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