Tenet Healthcare CorporationUSPI, a Tenet subsidiary, shows strong growth in outpatient care with rising revenues and EBITDA.

Tenet Healthcare's United Surgical Partners International is increasingly driving the company's growth as the healthcare industry shifts toward lower-cost outpatient care. In the first quarter of 2026, USPI generated $484 million in adjusted EBITDA, up 6.1% year over year, with same-facility revenues rising 5.3% and double-digit growth in outpatient joint replacements. Tenet invested $125 million during the quarter to acquire seven ambulatory surgery centers and open three de novo centers, completing nearly half of its planned annual investment. The company reaffirmed its full-year guidance, reflecting confidence in USPI's long-term trajectory. Peers Surgery Partners and HCA Healthcare are also expanding their outpatient surgery networks to meet rising demand.
Tenet Healthcare CorporationUSPI, a Tenet subsidiary, shows strong growth in outpatient care with rising revenues and EBITDA.
Surgery Partners Inc
HCA Healthcare, Inc.USPI is the growth engine, with increased same-facility revenues and outpatient joint replacements.