Becker's Healthcare February 20, 2023
Dallas-based Tenet Healthcare, parent company of ASC chain United Surgical Partners International, will pump $250 million into ASC mergers and acquisitions, the company said Feb. 9 during its fourth-quarter earnings call transcribed by Seeking Alpha.
“USPI’s M&A engine under the Tenet umbrella continues to be an industry-leading differentiator,” CEO Saum Sutaria, MD, said on the call. “In 2022, we added 45 centers to the portfolio through M&A and de novo development, in addition to the [SurgCenter Development] centers.”
The company is also continuing to build surgery centers through its USPI development team and from its partnership with Towson, Md.-based SurgCenter Development. And in June, USPI and United Urology Group formed a partnership for 22 ASCs....
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