Becker's Healthcare October 30, 2024
Tenet Healthcare is continuing to expand its investment and spending in its ASC division, Dallas-based United Surgical Partners International.
“We continue to believe accelerating spend at USPI is the single most accretive thing to bring value within the company,” Tenet CEO Saum Sutaria, MD, said in an Oct. 29 third quarter earnings call.
According to Dr. Sutaria, USPI has nearly 20 centers in syndication and has opened six new ASCs, including a deal with Synergy Orthopedics to develop San Diego’s largest dedicated musculoskeletal ASC.
The company acquired 45 new centers in the first quarter, eight in the second quarter and purchased ASC chain Covenant Physician Partners.
With a 7.1% share of the ASC market, USPI is the largest ASC...
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