The robot doctor is in. While surgical robotics have traditionally been the domain of large and well-resourced hospital systems, there is a growing movement bringing robotics into ambulatory surgery centers (ASCs). As technology evolves, surgical robotics are set to become a staple in outpatient care, offering new opportunities for ASC operators. Yet there are barriers to overcome, including cost constraints and patient-safety concerns. “Robotics in ASCs is a challenge because of the … [Read more...]
Key Insights from ASC Leaders: The Quotes That Have Defined 2024
You can often take the pulse of any industry by analyzing the words of its leaders. And while there were plenty of interesting quotes from ambulatory surgery center (ASC) leaders in our reporting this year, a few stood out for their thoughtfulness, candor and relevance. From pricing transparency and strategic partnerships, to navigating compliance and the growing shift towards high-acuity procedures, these quotes capture the essence of the challenges and opportunities facing ASCs … [Read more...]
Higher Acuity, Better Payer Mix, Better Margins: Tenet Executives Forecast Strong Finish to 2024 for USPI
Health care facilities in some of the nation’s largest markets have had to power through multiple natural disasters over the last couple months, including tropical storms, hurricanes and wildfires. Tenet Healthcare Corporation (NYSE: THC) is no exception. But considering recent events, the company has been “fortunate” in its ability to plan and recover, executives said during a 2024 third-quarter earnings call Tuesday. Despite weather-related setbacks, the Dallas-based Tenet still had a … [Read more...]
Tenet CEO: ASC Arm Thriving Amid ‘Transformative Year’
For Tenet Healthcare (NYSE: THC), 2024 has been a “transformative year.” In part, that transformation comes from Tenet making progress on its deleveraging goals by divesting hospital assets, a strategy that will, in turn, free the company up to execute on M&A opportunities and more moving forward. And at the same time, Tenet’s ambulatory surgery center (ASC) business – United Surgical Partners International (USPI) – continues to thrive, propelled by higher-acuity procedures shifting into … [Read more...]