Becker's Healthcare February 18, 2025
Despite investor concerns over potential Medicaid cuts, executives of Dallas-based Tenet Healthcare, parent company of ASC giant United Surgical Partners International, remained confident in financial stability in a Feb. 12 earnings call.
“We’ve taken the opportunity over the past few years to create resiliency in USPI by making sure that the ambulatory surgery centers as a part of USPI are on freestanding rates,” Tenet Executive Vice President and CFO Sun Park said during the earnings call. “The Medicaid exposure is de minimus in that business, and that’s very helpful from that perspective.”
This confidence is bolstered by the fact that nearly half of Tenet’s $3.99 billion EBITDA in 2024 comes from USPI — a segment largely insulated from Medicaid-related...