Becker's Healthcare September 24, 2024
Dallas-based Tenet Healthcare embarked on a new era five years ago by reducing its debt profile and redirecting focus to its ASC arm, United Surgical Partners International, CEO and Chair Saum Sutaria, MD, said.
“Of all the ASC platforms and [their] recovery … USPI … had the strongest recovery in 2023 from a volume perspective,” Dr. Sutaria said Sept. 9 during the Wells Fargo Healthcare Conference. “But we look at that as a measure of strength and as a measure of preference of the USPI platform.”
Tenet capitalized off outpatient migration by offloading some assets while investing in ASCs. The health system sold nine hospitals in California and South Carolina for a total of $3.9 billion and plans to...
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