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Surgery Partners, Inc. - Common Stock (SGRY)

21.21
-1.62 (-7.10%)
NASDAQ · Last Trade: Apr 5th, 5:40 PM EDT
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Competitors to Surgery Partners, Inc. - Common Stock (SGRY)

AmSurg Corp.

AmSurg is primarily focused on providing surgical services and operates several ambulatory surgery centers, making it a direct competitor to Surgery Partners. Both companies strive to enhance efficiency and patient care in outpatient surgical settings. AmSurg emphasizes personalized service and quality outcomes, leveraging their network of centers for improved patient experiences. Although Surgery Partners has expanded its reach considerably, AmSurg's historical presence in the market and operational model gives them a strong position. Hence, while the competition is tight, neither company dominates comprehensively over the other.

HCA Healthcare, Inc. HCA -5.01%

HCA Healthcare, Inc. is one of the largest healthcare providers in the United States, operating over 180 hospitals and numerous outpatient facilities. Unlike Surgery Partners, which focuses primarily on surgical services and outpatient care, HCA offers a more comprehensive suite of healthcare management services, including acute care, specialty services, and even behavioral health. This extensive network provides HCA a significant advantage in terms of resource access and patient referrals, allowing them to capture a larger market share. Additionally, HCA's well-established brand and financial strength position it as a leader in the space, despite Surgery Partners' growing footprint in outpatient surgery centers.

Surgical Care Affiliates (SCA)

Surgical Care Affiliates operates a nationwide network of surgical facilities, focusing heavily on outpatient surgical care. They compete with Surgery Partners by offering specialized surgical services and partnering with physicians to enhance operational efficiency. SCA benefits from its strong physician partnerships and affiliation model, which allows it to build loyalty and trust amongst providers. Surgery Partners similarly focuses on physician engagement and strategic partnerships, leading to a close competition. Although SCA has established itself well within the industry, Surgery Partners' aggressive growth and adaptability enable it to maintain competitive parity.

Tenet Healthcare Corporation THC -9.42%

Tenet Healthcare Corporation operates both acute care hospitals and outpatient facilities, offering a diversified approach to healthcare services. They compete with Surgery Partners primarily in the outpatient surgery space by integrating surgical services into their hospital systems, which can enhance patient access and continuity of care. Tenet's size and ability to leverage economies of scale give them a competitive edge, although Surgery Partners may differentiate itself through specialized and targeted outpatient services. Overall, Tenet's extensive resources and broad network grant them a leading position in this specific market.

United Surgical Partners International (USPI)

United Surgical Partners International, a subsidiary of Tenet Healthcare, specializes in the management of outpatient surgical facilities. They compete directly with Surgery Partners by focusing on similar markets, including ambulatory surgical centers (ASCs) and related services. USPI has the backing of Tenet's vast healthcare infrastructure, providing a competitive edge in terms of operational efficiencies and patient volume. However, Surgery Partners competes by offering alternative service models and forging strategic partnerships, which allows them to remain agile in the evolving healthcare landscape. Despite some overlaps, the dual strategies keep both companies relevant in the market.