Becker's Healthcare October 25, 2022
United Surgical Partners International executives revealed the company is behind on its year-long growth plan in an Oct. 20 third quarter earnings call from Tenet Healthcare, USPI’s parent company.
USPI’s surgical case volumes were 100 percent of 2019 levels and flat compared to the same quarter last year, not reaching executive’s high expectations for the company’s growth.
Here are four more earnings call notes, according to a transcription by Seeking Alpha:
1. Tenet CEO Saum Sutaria, MD, cited Hurricane Ian center closures, a spike in case cancellations, supply chain obstacles and staff shortages as the reason behind slower third quarter growth.
2. Buy-out consolidation of SurgCenter Development’s ASCs following the acquisition...
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