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February 08, 2016 12:13 PM ET

Healthcare Providers and Services

Company Overview of United Surgical Partners International Inc.

Company Overview

United Surgical Partners International, Inc., together with its subsidiaries, owns and operates short stay surgical facilities. The company’s short stay surgical facilities include surgery centers and surgical hospitals. It offers services in the orthopedic, pain management, gynecology, general surgery, gastrointestinal, cosmetic surgery, and ophthalmology, as well as in ear, nose, throat, and other areas. The company provides strategic solutions for physicians, physician networks, health systems, and those paying for the cost of healthcare services, such as employers, insurance companies, and government programs. As of February 24, 2015, it operated 219 short-stay surgical facilities in the...

15305 Dallas Parkway

Suite 1600

Addison, TX 75001

United States

Founded in 1998

7,300 Employees

Phone:

972-713-3500

Key Executives for United Surgical Partners International Inc.

Chief Executive Officer, Director and Member of Executive Committee
Age: 63
President and Chief Development Officer
Age: 50
Chief Financial Officer and Senior Vice President
Age: 42
Chief Integration Officer and President of Ambulatory Services
Age: 39
Group President of Operations
Age: 50
Compensation as of Fiscal Year 2015.

United Surgical Partners International Inc. Key Developments

Kyle Burtnett Joins United Surgical Partners International as President of Ambulatory Services

Tenet Healthcare Corp. has completed its joint venture transaction with Welsh, Carson, Anderson and Stowe that combines the short-stay surgery and imaging center assets of Tenet and United Surgical Partners International to create a US short-stay surgery platform. As part of this, Kyle Burtnett, senior vice president for outpatient services at Tenet, will join USPI as president of ambulatory services and take on the additional role of chief integration officer for the new venture.

United Surgical Partners International Inc. Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2015

United Surgical Partners International Inc. reported unaudited consolidated earnings results for the first quarter ended March 31, 2015. For the quarter, the company reported revenues of $158,058,000 compared to $145,301,000 a year ago. Operating income was $55,813,000 compared to $47,574,000 a year ago. Income from continuing operations before income taxes was $32,710,000 compared to $24,475,000 a year ago. Net income attributable to company’s common stockholder was $8,523,000 compared to $5,230,000 a year ago. Adjusted EBITDA less noncontrolling interests was $45,951,000 compared to $39,661,000 a year ago. Cash flows from operating activities for the first quarter of 2015 totaled $39.1 million compared with $61.0 million in the prior year period, driven by the timing of distributions from health system partnerships and higher cash tax payments this year. During the first quarter of 2015, the company and its consolidated subsidiaries invested $2.3 million in maintenance capital expenditures and an additional $1.4 million in the infrastructure of existing facilities.

United Surgical Partners International Inc. Appoints Kyle Burtnett as President of Ambulatory Services

Kyle Burtnett, senior vice president for outpatient services at Tenet Healthcare Corp., will join United Surgical Partners International Inc. as president of ambulatory services and will take on the additional role of chief integration officer for the new joint venture.

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