Surgery Partners, Inc.

Industries Health Care Equipment and Services
Subsidiaries https://www.sec.gov/Archives/edgar/data/1638833/000163883326000008/a2025q4exhibit21.htm, Surgery Center Holdings Inc, SP Holco I, Inc, National Surgical Hospitals LLC, Symbion Holdings Corp, NoveMed LLC
Activism

The biggest 1000 U.S. companies by revenue according to form 10-K.

The biggest 3000 companies in the U.S. in the year of 2025.

Rating Overview

Risk Rating: Lower

Surgery Partners, Inc. is Lower Risk.

Surgery Partners, Inc, does not yield to political activism in shaping corporate governance, preventing initiatives that potentially alienate consumers, divide employees, and harm shareholders. The company elevates merit, excellence, and integrity ahead of race and identity-based policies. Surgery Partners does not embrace corporate initiatives that redirect its central focus from business goals to partisan policies and divisive issues. This approach protects free exercise, free speech, and free enterprise.

Rating Criteria

Corporate Weaponization Risk Levels
Criteria Risk Level
Cancellations Lower Risk
Discriminatory Philanthropy No Data
Employment Protection Medium Risk

Corporate Weaponization

Corporate Governance and Public Policy Risk Levels
Criteria Risk Level
Advocacy Bias Medium Risk
Funding Lower Risk
Political Actions No Data

Corporate Governance and Public Policy

Rating Criteria Detail

Criteria Risk Level Rationale

Corporate Weaponization


Criteria:

Has canceled customers, suppliers, or vendors due to their political views or religious beliefs OR corporately boycotts, divests, or sanctions regions, people groups, or industries.

Risk Level:

Lower

Rationale:

Surgery Partners has not publicly canceled customers, suppliers, or vendors based on political views or religious beliefs (1).

Criteria:

Charitable giving (including employee matching programs) policies or practices discriminate against charitable organizations based on views or religious beliefs.

Risk Level:

N/A

Rationale:

Surgery Partners does not publish charitable giving guidelines (1).

Criteria:

Employment policies fail to protect against viewpoint or other discrimination and/or are ideological in nature.

Risk Level:

Medium

Rationale:

Surgery Partners does not provide viewpoint protections for its employees (1).

Corporate Governance and Public Policy


Criteria:

Uses corporate reputation to support causes, organizations, or policies hostile to freedom of expression.

Risk Level:

Medium

Rationale:

Surgery Partners supports DEI within its business practices, hosting a DEI Council (1). The company supports DEI within its business practices. From its 2022 Annual Report: “One of our core values is to
promote a culture of diversity and inclusion” (2). In 2023, Surgery Partners rebranded its DEI council as a Corporate Citizenship and Community Impact Council; despite the rebranding, the underlying divisive corporate practices appear to remain in place (3). Otherwise, the company has not supported ideological causes or policies (4).

Criteria:

Uses corporate funds to advance ideological causes, organizations, or policies hostile to freedom of expression.

Risk Level:

Lower

Rationale:

Surgery Partners has not used corporate funds to advance ideological causes, organizations, or policies (1).

Criteria:

Uses corporate political actions and/or financial contributions for ideological, non-business purposes.

Risk Level:

N/A

Rationale:

Surgery Partners does not operate a PAC or report on its lobbying at this time (1)(2)(3).