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Author: Patsy Newitt

More than 20% of the healthcare bankruptcies in 2023 were by private equity-backed companies, according to a new report from the Private Equity Stakeholder Project. 

Dallas-based Tenet, parent company of ASC giant United Surgical Partners International, paid their CEO Saum Sutaria 305 times more than the company's median employee in 2023. 

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Dallas-based Tenet Healthcare, parent company of ASC giant United Surgical Partners International, operated 61 hospitals and 480 ASCs and surgical hospitals as of Dec. 31, according to a proxy statement filed April 12 with the Securities and Exchange Commission.

Raynaldo Ortiz Jr., MD, a former anesthesiologist at Baylor Scott & White Surgicare North Dallas, has been found guilty on 10 counts of tampering with IV bags and the adulteration of drugs, NBC affiliate KXAS reported April 12. 

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