February 19, 2025- Tenet Healthcare’s strong Q4 revenue and income results are driven in large part by its partnership and growth in ambulatory surgery centers, according to Healthcare Finance News. Tenet partners with United Surgical Partners International (USPI), among the largest ambulatory surgery platforms in the United States. USPI adjusted EBITDA (earnings before interest, taxes, and amortization) grew 17% in 2024, fueled by a 7.8% increase in same-facility revenues and 19% year-over-year growth in high-acuity cases such as total joint replacements, according to Healthcare Finance News and Tenet Chairman and CEO Saumya Sutaria in Tenet’s Feb. 12 earnings call.
Nearly 70 ambulatory surgical centers were added in 2024, and Tenet intends to invest approximately $250 million each year towards M&A in the ambulatory space, and anticipates adding 10 to 12 stand-alone facilities this year.