USPI reports $738M in Q1 revenue: 4 notes

Dallas-based United Surgical Partners International brought in $738 million in net operating revenue during the first quarter of 2022, according to an April 20 news release from parent company Tenet Healthcare. 

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Four notes:

1. The ASC chain’s net operating revenue was a $92 million increase from the first quarter of 2021.

2. The revenue increase was credited to higher patient volumes compared to the first quarter of 2021, new service lines, and additional revenues from the company’s December 2021 acquisition of SurgCenter Development.

3. The company’s operating revenue from its same-facility systemwide surgical business increased by 9.3 percent from the first quarter of 2021, with cases up 8 percent and revenue per case up 1.1 percent.

4. As of March 31, USPI had interest in 404 ambulatory surgery centers and 24 surgical hospitals in 34 states.

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.

Register to Attend Webinar

Is ambulatory care healthcare’s big margin engine? 4 leaders weigh in

Wednesday, July 29
1:00 PM - 2:00 PM CDT

Presenters: Joe Ganley, athenahealthJeffrey Flynn, CASC, Gramercy Surgery CenterBryan Tsao, Access Center, Loma Linda University HealthJason Zepeda, Northridge Hospital Medical Center, CommonSpirit HealthGreg DeConciliis, PA-C, CASC, Boston Out­Patient Surgical Suites

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