Five things to know:
1. Tenet also said inpatient surgery volumes have returned to 95 percent of the pre-pandemic volume and admissions have returned to 90 percent of their pre-pandemic levels.
2. Outpatient visits, however, have only hit 70 percent of their pre-pandemic levels.
3. The company said volume is also strong in areas with ongoing COVID-19 activity.
4. Tenet continues to treat COVID-19 patients at its facilities, but the age range of new cases is trending younger than it was four to six weeks ago.
5. Tenet disclosed that it received $172 million in safety-net grants and $1.5 billion in advance Medicare payments. The Medicare advances will have to be repaid by April 2021.
Watch the entire broadcast here.
More articles on ASCs:
The ‘new normal’ for ASCs: 16 admins on how the pandemic will change the field forever
Dr. Thomas Vikoren: Same-day TJR ‘made all the more important’ by COVID-19
Indiana orthopedic practice with surgery center to open
At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.
