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Tenet Healthcare nearing deal to buy United Surgical Partners

By The Wall Street Journal  
   March 23, 2015

Tenet Healthcare Corp. is nearing a deal to buy United Surgical Partners International Inc., as a number of hospital networks seek mergers amid sweeping changes in the U.S. health-care system. A deal between the companies, which could be valued at more than $2.5 billion, including debt, might be announced as early as Monday, according to people familiar with the matter. It is also possible the deal could fall apart at the last minute. Dallas-based USPI, which is controlled by private-equity firm Welsh, Carson, Anderson & Stowe, operated 219 short-stay surgical facilities in 27 states as of the end of last year, 154 of them jointly owned with large health systems. [Subscription Required]

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