Becker's Healthcare August 7, 2024
The ASC industry is historically fragmented, but one company seeing skyrocketing growth in the last five years through consolidation.
With 7.1% of national ASC market share, Dallas-based United Surgical Partners International, owned by Tenet Healthcare, is the largest ASC chain in the U.S. The company has a portfolio of 520 ASCs and 24 surgical hospitals spanning 38 states.
USPI far outpaces the next largest ASC chain, SCA Health, which Optum acquired for $2.3 billion in 2017. SCA Health has grown from 186 ASCs in 2019 to 320 in 2023.
USPI has made massive moves so far in 2024. In the first quarter, USPI quietly purchased ASC chain Covenant Physician Partners, after Covenant’s private equity owner, KKR, paid...
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