Tenet Healthcare

Tenet Healthcare Corp. (NYSE: THC) continues to sharpen its focus on execution and higher-acuity procedures within its ambulatory business, building on momentum highlighted from the recent earnings season. Speaking at the Barclays 28th Annual Global Healthcare Conference recently, CEO Saum Sutaria said Tenet’s United Surgical Partners International (USPI) arm will continue to prioritize more complex procedures and service-line development. “We're focused on … doing more of the same: … [Read more...]

The migration of surgical volume into outpatient settings doesn’t feel like a slow drip anymore. For many hospital and ambulatory surgery center (ASC) operators, it is becoming a steady stream – with potential of turning into a raging river. At Tenet Healthcare Corp. (NYSE: THC), that shift is translating into double-digit growth in joint replacements, expanding spine and urology capabilities, and a torrent of ASC acquisitions and de novos. “USPI continues to deliver attractive results,” … [Read more...]

The ambulatory surgery center (ASC) industry enters 2026 with undeniable momentum – and a growing sense that the “easy” part of the outpatient shift is over. More procedures are moving out of hospitals, yes. And it’s true that payers, employers and patients all continue to favor lower-cost (and more convenient) sites of care. What’s more, regulators are expanding what ASCs can do, and investors still view the sector as one of health care’s few durable growth stories. But the operating … [Read more...]

Tenet Healthcare Corporation (NYSE: THC) on Monday announced a strategic transaction involving health care services company Conifer Health Solutions. Strategically, the move reduces Tenet’s balance sheet and potentially sets the stage for a stronger 2025 financial performance. In turn, the transaction could also indirectly bolster growth around Tenet’s large ambulatory surgery center (ASC) platform, United Surgical Partners International (USPI). “The transaction will enable a thoughtful, … [Read more...]

The health care industry anticipates substantial growth in outpatient services over the next decade as technology progresses, and an aging population demands more frequent and complex care. That’s based on a new report by Colliers on the growth of ambulatory surgery centers (ASCs).  Outpatient care is expanding into new regions and service areas to enhance efficiency and patient treatment, creating new opportunities for partnerships and acquisitions for both national and regional hospital … [Read more...]

As federal regulators push to eliminate the Medicare Inpatient Only (IPO) list, ambulatory surgery centers (ASCs) stand to benefit from a wider range of eligible procedures. But to fully capitalize on the change, ASC operators may need to refine their patient-selection process. Being able to efficiently determine whether a patient is right for a procedure in an ASC will become increasingly critical. This is something many ASC leaders are already thinking about. During Tenet Healthcare’s … [Read more...]

Tenet Healthcare Corporation (NYSE: THC) closed out 2024 strong, partly propelled by growth in its large ambulatory surgery center (ASC) division, United Surgical Partners International (USPI). Moving forward, the company is focused on ASC expansion and high-acuity case growth, CEO Saum Sutaria said during the company’s Q4 earnings call. "We intend to invest approximately $250 million each year towards M&A in the ambulatory space,” Sutaria said. “And the pipeline of opportunities … [Read more...]

OrthoCarolina selling PT business OrthoCarolina plans to sell its physical therapy business to a private equity-backed firm. Charlotte-based OrthoCarolina, one of the nation’s largest independently owned orthopedic practices, is finalizing a deal to sell its physical therapy division to PT Solutions Physical Therapy, an Atlanta-based provider supported by PE. The agreement is expected to be announced in the coming weeks. CEO and orthopedic surgeon Leo Spector said the move would allow … [Read more...]

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...]

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...]