Summary: United Surgical Partners International Inc. Jun 04
- ID: 2127226
- June 2004
- Region: Global
- Standard & Poors
The ratings on United Surgical Partners International Inc. continue to reflect the company's narrow operating focus as an owner and operator of surgical facilities, as well as its aggressive growth strategy and third-party reimbursement risks. Attractive industry demand characteristics, disciplined operating performance, and a diverse payor base partly offset these risks. Dallas, Texas-based United Surgical has ownership interests in or operates 74 surgical facilities in the U.S., Spain, and the U.K. These facilities handle predominantly high volumes of relatively low-cost (but profitable) outpatient surgery, including high levels of orthopedic and pain management cases. About 35 facilities are run in partnership with 20 health care system partners. United Surgical has grown rapidly through acquisitions, new facilities, and joint ventures. Before forming...
Companies mentioned in this report are: United Surgical Partners International Inc.
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