Orthopedics remains a strong area for ASCs, Tenet Healthcare’s CEO Saum Sutaria, MD, said in a July 24 quarterly earnings call. Tenet’s ASC business, Dallas-based United Surgical Partners International, saw $1.14 billion in revenue during the second quarter — a 21.1% increase year-over-year. In the second quarter Tenet grew its orthopedic footprint by adding 11 new centers, Dr. Sutaria said. Orthopedic case volume also grew, and outpatient total joint replacements rose 23% year-over-year. “Acuity continuing to increase is a good fundamental marker of strength,” he said, as transcribed by Seeking Alpha.
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Source: https://www.beckersspine.com/orthopedic/60185-the-no-1-growth-vector-for-ascs-per-tenet-healthcares-ceo.html