Tenet Healthcare beat Wall Street expectations for revenue in the fourth quarter of 2023 on continued cost control measures and sustained demand for services, particularly in its ambulatory care unit, executives said during an earnings call on Thursday. CEO Saum Sutaria told investors that Tenet was entering a “new era” in which a higher proportion of its performance was generated by its ambulatory surgical business. Same-facility revenue for ambulatory services grew 9.2% during 2023, above Tenet’s long-term goal of 4% to 6% top line growth.
Read the full article: Tenet Says Its Upcoming ‘New Era’ Will Be Fueled by Ambulatory Surgeries //
Source: https://www.healthcaredive.com/news/tenet-enters-new-era-ambulatory-surgeries-fourth-quarter-full-year-earnings/707005