United Surgical Partners International

AccentCare Announces the Appointment of Andy Johnston as President, Hospice & Personal Care Services

Retrieved on:

Tuesday, April 30, 2024

General Health, Other Health, Hospitals, Health, Managed Care, Master of Health Administration, Health administration, Palliative care, PCS, Brown University, Duke University, Bachelor of Science, United Surgical Partners International, Patient, Dialysis, Hospice, Multimedia, Growth, Nursing

AccentCare ("the Company"), a nationally recognized leader in post-acute health care, today announced the appointment of Andy Johnston as President, Hospice & Personal Care Services (“PCS”).

Key Points:

AccentCare ("the Company"), a nationally recognized leader in post-acute health care, today announced the appointment of Andy Johnston as President, Hospice & Personal Care Services (“PCS”).
Johnston also served as Chief Operating Officer at U.S. Renal Care, the nation’s third largest dialysis company.
In this newly created role at AccentCare, he will report directly to Tortorella and will join the executive leadership team.
AccentCare provides post-acute care services, including home health, hospice, and palliative care, in more than 250 locations across 31 states.

Aligned Orthopedic Partners Names Jeff Andrews Chief Executive Officer

Retrieved on:

Monday, April 15, 2024

Lead, Organization, Ortho, University, Health administration, Hospital, Health, Colorado State University, Growth, Culture, United Surgical Partners International, Patient, Physician, Hospice, Nursing

BETHESDA, Md., April 15, 2024 /PRNewswire/ -- Aligned Orthopedic Partners (Aligned Ortho), a physician-led and majority physician-owned provider of orthopedic services in the greater Washington, D.C., Maryland, Northern Virginia, and Virginia Beach regions, today announced the appointment of experienced healthcare executive Jeff Andrews as Chief Executive Officer. Mr. Andrews brings with him a wealth of experience and a proven track record of leadership in the healthcare industry.

Key Points:

BETHESDA, Md., April 15, 2024 /PRNewswire/ -- Aligned Orthopedic Partners (Aligned Ortho), a physician-led and majority physician-owned provider of orthopedic services in the greater Washington, D.C., Maryland, Northern Virginia, and Virginia Beach regions, today announced the appointment of experienced healthcare executive Jeff Andrews as Chief Executive Officer.
His expertise in fostering collaborative partnerships and implementing innovative solutions aligns seamlessly with the Aligned Ortho mission to deliver exceptional patient care and support to orthopedic practices.
Mr. Andrews is a patient-centric healthcare executive with experience in leading multi-site private equity-backed companies.
He also served as Chief Operating Officer of Sequel Youth and Family Services, and for one year held various senior leadership positions at United Surgical Partners International.

Tenet Reports Fourth Quarter and FY 2023 Results; Provides 2024 Financial Outlook

Retrieved on:

Thursday, February 8, 2024

Managed Care, Hospitals, Health, COVID, Adjustment, USPI, United Surgical Partners International, Medicaid, Ambulatory care, Medicare, Hospital

Net income from continuing operations available to the Company’s common shareholders in the fourth quarter 2023 was $244 million, or $2.30 per diluted share, versus $102 million, or $0.92 per diluted share, in fourth quarter 2022.

Key Points:

Net income from continuing operations available to the Company’s common shareholders in the fourth quarter 2023 was $244 million, or $2.30 per diluted share, versus $102 million, or $0.92 per diluted share, in fourth quarter 2022.
Fourth quarter 2023 included COVID-related stimulus grant income of $2 million pre-tax ($2 million after-tax, or $0.02 per diluted share) versus $40 million pre-tax ($30 million after-tax, or $0.28 per diluted share) in fourth quarter 2022.
Adjusted EBITDA1 excluding grant income in fourth quarter 2023 was $1.010 billion compared to $857 million in fourth quarter 2022, reflecting strong volume growth in our Ambulatory Care and Hospital Operations segments, favorable payer mix, as well as improved contract labor costs.
Additionally, in the fourth quarter of 2023, the Company recognized a $52 million aggregate favorable pre-tax impact associated with Medicaid supplemental revenue program adjustments in California and Texas.

Tenet Advances Portfolio Transformation and Previews Strong 2023 Results

Retrieved on:

Thursday, February 1, 2024

Hospitals, Health, Surgery, Hospital, THC, Tenet, Novant Health, United Surgical Partners International, Adjustment, Tenet Healthcare, USPI, Medicaid, Depreciation, Sale, University, Health insurance

In addition, Tenet announced that it expects to exceed the high end of its latest FY23 Adjusted EBITDA Outlook range included in its third quarter 2023 earnings release.

Key Points:

In addition, Tenet announced that it expects to exceed the high end of its latest FY23 Adjusted EBITDA Outlook range included in its third quarter 2023 earnings release.
Additionally, Tenet has entered into a definitive agreement with UCI Health for the sale of four Tenet hospitals and related operations in Orange County and Los Angeles County.
The results were driven, among other things, by strong surgical growth at United Surgical Partners International (USPI).
“Our team continues to deliver consistently strong results, driven by Tenet’s data-driven and disciplined operating model,” said Sutaria.

Wenzel Spine Announces Expansion of Executive Leadership Team and Planned Entry into Minimally Invasive Interventional Spine Market

Retrieved on:

Thursday, December 7, 2023

Medical Devices, Health, Surgery, Health Technology, General Health, Biotechnology, White, Executive, Spine, Multimedia, United Surgical Partners International, Patient, Trust, Spinal board, Growth, Scoliosis and Spinal Disorders, USPI, Management, Bookbinding

This strategic move is poised to enhance the company's innovative edge and entry into the minimally invasive interventional spine market.

Key Points:

This strategic move is poised to enhance the company's innovative edge and entry into the minimally invasive interventional spine market.
(Photo: Business Wire, Inc.)
William Wilson, CEO of Wenzel Spine, commented on the recent expansion, saying, "The addition of Dr. Gordon to our executive team and our engagement with MM Dillon & Co. represent significant steps forward for Wenzel Spine.
"I am thrilled to join the Wenzel Spine executive leadership team," said Dr. Gordon.
I think Wenzel Spine has the capability to quickly enter the minimally invasive interventional spine market with unique technologies."

Tenet Healthcare to Sell Three South Carolina Hospitals to Novant Health

Retrieved on:

Friday, November 17, 2023

Managed Care, Hospitals, Health, Sale, United Surgical Partners International, Particular, Security (finance), Tenet Healthcare, Depreciation, Tenet, Novant Health, COVID-19, Adjustment, Partnership, Hospital, USPI, Nursing, Carolinas

Tenet’s ambulatory facilities operated by United Surgical Partners International (USPI) in these markets will remain with Tenet.

Key Points:

Tenet’s ambulatory facilities operated by United Surgical Partners International (USPI) in these markets will remain with Tenet.
Under the purchase agreement, Tenet's Conifer Health Solutions subsidiary will enter into a new and expanded fifteen-year contract to provide revenue cycle management services for the South Carolina hospitals and related operations.
Furthermore, Novant Health and USPI will be enhancing their ambulatory surgery partnership to increase access to high-quality, ambulatory surgical services for communities across the Carolinas.
“Our three hospitals on the coast in South Carolina are well regarded by the communities they serve for the high-quality specialty services they deliver,” said Saum Sutaria, M.D., Chairman and CEO, Tenet Healthcare.

Premier Breast Health Institute Opens State-of-the-Art Facility

Retrieved on:

Wednesday, November 15, 2023

OKLAHOMA CITY, Nov. 15, 2023 /PRNewswire-PRWeb/ -- In a remarkable milestone for breast health care, Premier Breast Health Institute is excited to announce the opening of their brand-new, 25,000-square-foot facility in Oklahoma City. This state-of-the-art institute marks a significant step forward in providing unparalleled breast health services, offering women in our community access to innovative technology and personalized care under one roof.

Key Points:

Premier Breast Health Institute of Oklahoma, a pioneer in breast health care, announces the grand opening of their cutting-edge facility, revolutionizing breast screenings in Oklahoma.
OKLAHOMA CITY, Nov. 15, 2023 /PRNewswire-PRWeb/ -- In a remarkable milestone for breast health care, Premier Breast Health Institute is excited to announce the opening of their brand-new, 25,000-square-foot facility in Oklahoma City.
"I am thrilled to announce the opening of Premier Breast Health Institute, a culmination of my long-term dream, says Stephanie L. Taylor, MD, FACS, Surgical Partners of Oklahoma.
Premier Breast Health Institute is located in south Oklahoma City at 8516 S. Portland Avenue, Oklahoma City, OK 73159.

HealthTrust University Conference Attracts Record Number of Healthcare Leaders, Exhibitors, and Education Experts

Retrieved on:

Thursday, August 17, 2023

HealthTrust Performance GroupSM , a leading healthcare performance improvement organization, reported record engagement on the part of members, suppliers, and subject matter experts during the recently concluded HealthTrust University (HTU) Conference in Las Vegas, Nevada.

Key Points:

HealthTrust Performance GroupSM , a leading healthcare performance improvement organization, reported record engagement on the part of members, suppliers, and subject matter experts during the recently concluded HealthTrust University (HTU) Conference in Las Vegas, Nevada.
HealthTrust executives and leading experts in healthcare and supply chain emphasized best practices to optimize outcomes for patients and communities served by HealthTrust member organizations.
Approximately 3,500 attendees participated in the conference that took place July 17-19 at Mandalay Bay Convention Center.
More than 100 subject matter experts led education sessions—most with Continuing Education credits—and micro-sessions covering topics on oncology and biologics, value analysis, purchased services, and more.

Tenet Reports Second Quarter 2023 Results; Raises 2023 Outlook

Retrieved on:

Monday, July 31, 2023

Managed Care, Hospitals, Health, Ambulatory care, Medicare, Sale, USPI, Adjustment, United Surgical Partners International, Hand, COVID, Video game, Health insurance, Nursing, Cryptocurrency, Security (finance), Tutoring

Net income from continuing operations available to the Company’s common shareholders in the second quarter 2023 was $123 million, or $1.15 per diluted share, versus $38 million, or $0.35 per diluted share, in second quarter 2022.

Key Points:

Net income from continuing operations available to the Company’s common shareholders in the second quarter 2023 was $123 million, or $1.15 per diluted share, versus $38 million, or $0.35 per diluted share, in second quarter 2022.
Second quarter 2023 included COVID-related stimulus grant income of $8 million pre-tax ($6 million after-tax, or $0.06 per diluted share) versus $94 million pre-tax ($71 million after-tax, or $0.65 per diluted share) in second quarter 2022.
Adjusted EBITDA1 excluding grant income in second quarter 2023 was $835 million compared to $749 million in second quarter 2022, reflecting strong volume growth in our Ambulatory Care and Hospital Operations segments, and improved contract labor costs.
Second quarter 2022 results included the adverse impacts associated with a cybersecurity incident.

HealthTrust Performance GroupSM Honors Six Healthcare Organizations for Excellence, Social Stewardship, and Innovation

Retrieved on:

Tuesday, July 18, 2023

The Outstanding Member of the Year Award was presented to Franciscan Alliance for performance improvement and optimization through the adoption of HealthTrust initiatives and new contract categories.

Key Points:

The Outstanding Member of the Year Award was presented to Franciscan Alliance for performance improvement and optimization through the adoption of HealthTrust initiatives and new contract categories.
Social Stewardship – HCA Healthcare Mountain Division, Salt Lake City, Utah for excellence in environmental sustainability by reducing greenhouse gas emissions.
Innovation Award – WellSpan Health, York, Pennsylvania for unique and scalable solutions that advance healthcare and organizational performance.
In addition to recognition at the Conference, the winning organizations will be featured in the fourth quarter issue of The Source magazine for HealthTrust members.