Healthcare giants HCA Healthcare and Tenet Healthcare have made their mark on the ASC industry.
Here are three notes on HCA Healthcare's financial performance in the first quarter of 2024:
1. The group ended the quarter with 121 ASCs, down from 126 in the same quarter last year.
2. HCA Healthcare's outpatient revenues made up 36.9% of the group's patient-based earnings in the first quarter, compared to 37.7% in 2023.
3. The group's outpatient centers saw 247,721 same-facility outpatient surgery cases in the first quarter, compared to 253,023 in 2023 — a 2.1% decrease year over year.
Here are three notes on Tenet Healthcare's financial performance in the first quarter of 2024:
1. Tenet's ASC business United Surgical Partners International acquired 45 new centers in the first quarter and added 32 service lines year to date.
2. USPI's same-facility net patient services revenue jumped 6.4% to $1.8 billion while same-facility surgical cases dropped 0.4% over the same period last year.
3. USPI's first quarter revenue increased 9.9% to $995 million.