Tenet Healthcare, the Dallas-based parent company of United Surgical Partners International, is rapidly pivoting its strategy by selling off hospitals and concentrating on Ambulatory Surgical Centers (ASCs). This move marks a significant shift in the company's business model.
According to CEO Saum Sutaria, MD, during Tenet's fourth-quarter earnings call, the company is entering a new era where a larger portion of its performance will come from its highly efficient ambulatory surgical business. This transition is expected to reduce Tenet's debt and provide financial flexibility to enhance share...
