Becker's Healthcare January 13, 2021
United Surgical Partners International expects big growth in 2021.
During a presentation at the JPMorgan Healthcare Conference, the CEO of Tenet Ronald Rittenmeyer, USPI’s parent company, outlined the importance of its ASC segment and where growth is headed in the next year.
Ten things to know:
1. In 2020, USPI reported 102 percent year over year surgical volume growth before the pandemic; in April surgeries dropped to 20 percent of 2019 levels. By the end of the year, USPI centers reported surgical volume at 95 percent of 2019 volumes.
2. In 2019, adjusted EBITDA for USPI was 33 percent; in 2021, the company estimated adjusted EBITDA will hit 45 percent.
3. Last year, USPI added 61 ASCs including a 45-center...
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