Tenet’s ambulatory facilities in the markets, which are operated by its affiliate United Surgical Partners International, will remain under Tenet’s ownership.
Under the agreement, Novant and USPI will also be enhancing their ASC partnership to increase access to care.
The transaction is expected to be complete in the first quarter of 2024, subject to regulatory approvals.
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.