Issue link: https://beckershealthcare.uberflip.com/i/1504986
8 ASC MANAGEMENT What Tenet executives have been paid in the last 5 years By Patsy Newitt T he two highest-paying executives of Dallas-based Tenet Healthcare, parent company of ASC chain United Surgical Partners International, saw base salary drops from 2021 to 2022 but overall compensation increases. Here is what the three highest-paid Tenet executives earned since 2018, pulled from proxy statements filed in 2020 and 2023. Ron Rittenmeyer, former executive chair Mr. Rittenmeyer was named executive chair of Tenet in 2017. He retired in October 2022 and died 10 days later. 2022: $24.3 million, including a base salary of $1.2 million 2021: $18.7 million including a base salary of $1.5 million 2020: $16.7 million, including a base salary of $1.44 million 2019: $24.3 million, including a base salary of $1.2 million 2018: $15 million, including a base salary of $1.5 million Note: Mr. Rittenmeyer did not take home his entire base salary in 2020. To help company employees during the COVID-19 pandemic, he donated his salary earned from April through June to the Tenet Care Fund. Saum Sutaria, MD, CEO and executive chair Dr. Sutaria joined Tenet in 2019 and became CEO in 2021. He was promoted to executive chair in October following the death of Mr. Rittenmeyer. 2022: $24.3 million, including a base salary of $1.4 million 2021: $18.7 million, including a base salary of $1.15 million 2020: $8.58 million, including a base salary of $1 million 2019: $8.6 million, including a base salary of $961,539 Dan Cancelmi, CFO and executive vice president 2022: $3.6 million, including a base salary of $750,000 2021: $9.4 million, including a base salary of $686,575 2020: $7.2 million, including a base salary of $641,385 2019: $5.1 million, including a base salary of $618,000 2018: $3 million, including a base salary of $618,000 n The 'gold rush' of outpatient cardiology By Patsy Newitt P hilip Blair, CEO of Surgery Center Services of America, spoke with Becker's about ASC companies' biggest growth focus and why cardiology is so important for ASCs. Question: What is Surgery Center Services of America's biggest growth focus in the next five years? Editor's note: This response was edited lightly for brevity and clarity. Philip Blair: Given that reimbursements have been increasing in general, some procedures have a more profitable facility fee setting in an ASC. Obviously, cardio and orthopedics are a big deal. We've seen a huge push especially in the last couple years during COVID-19 — ASCs with catheterization labs and with office- based lab hybrid models. That's a huge push. A lot of cardiologists are out there trying to protect their practice, their referral patterns, and make sure that everything stays in house and picking up procedures out of the hospital or maybe other ASCs. That's a huge deal. So I would say my big focus is cardiology. Some states unfortunately still don't allow ASCs with catheterizations to be owned by a physician — California is one of them, Ohio is one of them, New York is another. Pennsylvania made a huge clinical executive ruling recently. The governor made an executive review that took a look at all the procedures being done in an outpatient setting and, essentially, anything that's been done around the country that can be done in an outpatient setting, you know, they are refocusing and allowing it to happen to Pennsylvania. Now there's a huge push I'm calling the gold rush. A lot of cardiology groups are just rushing to get their projects done in Pennsylvania. We're doing our first cardiology project up in Pennsylvania, and it's going to just completely go crazy. So our big focus is really tackling the catheterization model. n Boston hospital to convert surgery facility to ASC By Riz Hatton B oston-based New England Baptist Hospital partnered with Constitution Surgery Alliance and 15 orthopedic surgeons to convert its existing hospital-based surgical facility in Dedham, Mass., to an ASC. New England Baptist Surgery Center will offer outpatient orthopedic surgical subspecialties, including total joint replacements and sports medicine, according to the June 27 news release from Constitution Surgery Alliance. The 35,000-square-foot facility will be managed by Constitution Surgery Alliance. The ASC is expected to perform more than 5,000 surgeries in its first year. n