Dallas-based United Surgical Partners International, a subsidiary of Tenet Healthcare, reported a 19.5 percent revenue increase in 2022, according to financial results released Feb. 9.
Five notes:
1. USPI reported net operating revenue at $3.2 billion for the year, compared to $2.7 billion in 2021.
2. The company's net operating revenue for the fourth quarter jumped 25.7 percent year over year, hitting $933 million.
3. Same-facility ASC volume was up 0.7 percent in the third quarter and 2 percent for the year.
4. USPI ended the quarter with 442 ASCs and 24 surgical hospitals across 35 states.
5. Adjusted earnings before interest, tax, depreciation and amortization was $1.3 billion for the year and $407 million for the fourth quarter, up from $1.1 billion and $343 million, respectively, year over year.