Board Dossier
Chairman and CEO, Tenet Healthcare · FAH Director
High| Role | FAH Director, former Chair (2024) |
| Organization | Tenet Healthcare (NYSE: THC) |
| Revenue | ~$20.7B (FY2024) |
| Hospitals | ~58 hospitals, 475+ ASCs, 34 states |
| Background | Former Senior Partner, McKinsey and Company |
| Threat Level | High |
Tenet Healthcare operates approximately 58 hospitals and 475+ ambulatory surgery centers through United Surgical Partners International (USPI) across 34 states. FY2024 revenue approximately $20.7 billion. Sutaria became Chairman and CEO in September 2021, previously serving as Senior Partner at McKinsey and Company for 18 years (approximately 2001–2019), specializing in healthcare systems and services, provider performance, and physician engagement. He served as FAH Chair in 2024.
| Date | Amount | Allegations | CIA |
|---|---|---|---|
| 2002 | $54M | Unnecessary cardiac procedures, Redding Medical Center | None |
| 2006 | $900M | Medicare outlier payment fraud, physician kickbacks, upcoding | 5-year CIA |
| 2012 | $43M | Medicare overbilling for inpatient rehabilitation (2005–2007) | None |
| 2016 | $513M | Kickbacks to Clinica de la Mama for referring undocumented patients | 3-year NPA |
| 2023 | $29.7M | Kickbacks to physicians at Detroit Medical Center (Vanguard/Tenet) | None |
| Total | ~$1.54B |
Case United States ex rel. Barbera v. Tenet Healthcare Corp. Resolved in multiple districts including Central District of California. Charges: over $788M for inflating charges to receive excessive Medicare outlier payments; over $47M for illegal physician kickbacks through relocation agreements; over $46M for assigning improper diagnosis codes. Five-year Corporate Integrity Agreement.
Tenet operates United Surgical Partners International — over 480 ASCs and 24 surgical hospitals across 35+ states generating approximately $1.3 billion per quarter (Q3 2025). USPI’s physician partnership model gives physicians minority equity stakes in ASCs.
FAH officially opposes physician-owned hospitals on self-referral grounds. Tenet, whose CEO chairs the FAH board, simultaneously operates a business that profits from physician ownership of surgical facilities. This structural contradiction is not acknowledged in FAH’s public position on physician ownership.
18 years at McKinsey and Company. Healthcare Systems and Services practice. Published “The silent shapers of healthcare services” (2018) highlighting the role of institutional investors in healthcare. McKinsey work included hospital consolidation, Medicare reimbursement optimization, and physician employment strategy — directly mirroring Tenet’s current operational focus.
| Year | Base | Equity/Stock | Bonus | Other | Total |
|---|---|---|---|---|---|
| 2021 | $1,150,000 | $17,500,000 | $2,450,000 | $53,671 | $21,153,671 |
| 2022 | $1,200,000 | $15,000,000 | $2,200,000 | $60,000 | $18,460,000 |
| 2023 | $1,300,000 | $16,000,000 | $2,500,000 | $75,000 | $19,875,000 |
| 2024 | $1,500,000 | $18,000,000 | $5,000,000 | $161,553 | $24,661,553 |
Cumulative 2021–2024: ~$84.15M
CEO-to-median worker pay ratio: 406:1 (2024). Median worker salary: $60,698.
Current equity: approximately 658,523 shares of THC stock.
Source: Tenet DEF 14A 2022–2025; SEC EDGAR
Board includes crossovers from private equity (former Vanguard/Blackstone ties). Sutaria’s external board seats: Federation of American Hospitals. In 2023, Sutaria consolidated Chairman and CEO roles.
Under Sutaria, Tenet divested dozens of hospitals including sale of 9 hospitals in early 2024 for $4 billion. Closed specific service lines including maternity ward at Hialeah Hospital (2021). CMS Star Ratings mixed across 58 hospitals.
Tenet PAC contributes millions per cycle, favoring incumbents on healthcare committees.
Source: OpenSecrets Tenet Healthcare profile