Tenet Healthcare

Tenet to Participate in BofA Securities 2024 Health Care Conference

Retrieved on: 
Wednesday, May 1, 2024

Tenet Healthcare Corporation (NYSE: THC) is scheduled to present at the BofA Securities 2024 Health Care Conference on Tuesday, May 14, 2024, beginning at 12:20 p.m. Eastern time.

Key Points: 
  • Tenet Healthcare Corporation (NYSE: THC) is scheduled to present at the BofA Securities 2024 Health Care Conference on Tuesday, May 14, 2024, beginning at 12:20 p.m. Eastern time.
  • A live webcast and audio archive of the event may be accessed through the investor relations section of Tenet’s website at www.tenethealth.com/investors .
  • The replay will be available for 30 days.

Ilant Health Extends Seed Round to $5.5 Million, Attracting New Investors and Accelerating Growth

Retrieved on: 
Wednesday, April 17, 2024

Ilant Health , a pioneering leader in value-based obesity management and cardiometabolic health solutions, announced today the extension of its seed round of fundraising from $3 million to $5.5 million.

Key Points: 
  • Ilant Health , a pioneering leader in value-based obesity management and cardiometabolic health solutions, announced today the extension of its seed round of fundraising from $3 million to $5.5 million.
  • The decision to extend the seed round comes on the heels of Ilant’s accelerating traction due to its robust clinical model and proprietary analytics.
  • Notably, Ilant Health has garnered significant recognition, winning all three World 50 Group Academies — EHIR, HPIR, and PHIR, — and being selected for Highmark and Allegheny Health Network's accelerator, AlphaLab Health.
  • "AlphaLab Health looks for companies to solve problems facing healthcare today,” said Dr. Jeffrey Cohen, Chief Physician Executive at Allegheny Health Network.

Tenet Completes Sale of Six Hospitals in California

Retrieved on: 
Monday, April 1, 2024

Tenet Healthcare Corporation (NYSE: THC) today announced that it has completed the sale of six hospitals and related operations in California consistent with previously disclosed terms.

Key Points: 
  • Tenet Healthcare Corporation (NYSE: THC) today announced that it has completed the sale of six hospitals and related operations in California consistent with previously disclosed terms.
  • Tenet completed the sale of its four Orange County and Los Angeles County hospitals and related operations to UCI Health – consistent with the approval of the University of California Board of Regents.
  • The completed transaction includes Fountain Valley Regional Hospital, Lakewood Regional Medical Center, Los Alamitos Medical Center, Placentia-Linda Hospital, and related operations.
  • Tenet completed the sale of its two San Luis Obispo hospitals and related operations to Adventist Health.

Tenet to Report its First Quarter 2024 Results on April 30th

Retrieved on: 
Thursday, March 28, 2024

Tenet Healthcare Corporation (NYSE: THC) will release its first quarter 2024 results on Tuesday, April 30, 2024, no later than 6:00 a.m. Central Time (CT), to be followed by a conference call at 9:00 a.m. CT (10:00 a.m. Eastern Time).

Key Points: 

Tenet Healthcare Corporation (NYSE: THC) will release its first quarter 2024 results on Tuesday, April 30, 2024, no later than 6:00 a.m. Central Time (CT), to be followed by a conference call at 9:00 a.m. CT (10:00 a.m. Eastern Time).

Sila Realty Trust, Inc. Completes Acquisition of $85.5 Million Healthcare Portfolio in Arizona and Texas

Retrieved on: 
Friday, March 22, 2024

The Portfolio is comprised of four built-to-suit micro-hospitals and one freestanding emergency department, totaling approximately 158,000 square feet on a combined 17.5 acres.

Key Points: 
  • The Portfolio is comprised of four built-to-suit micro-hospitals and one freestanding emergency department, totaling approximately 158,000 square feet on a combined 17.5 acres.
  • Each of the micro-hospitals is licensed for 8-inpatient beds, and offers a 13-bed emergency department, operating room, laboratory, diagnostic imaging suite, and a pharmacy.
  • The freestanding emergency department is a 13-bed full-service emergency center, constructed to also offer the same services as the micro-hospitals.
  • One micro-hospital and the freestanding emergency department are in the Tucson, Arizona MSA and operate under the brand of Carondelet Health.

UCI Health celebrates transformational acquisition of four community hospitals

Retrieved on: 
Wednesday, March 27, 2024

ORANGE, Calif., March 27, 2024 /PRNewswire/ -- UCI Health, the clinical enterprise of the University of California, Irvine, has completed the acquisition of four hospitals and associated outpatient locations from Tenet Healthcare Corporation. Beginning today, the team members at Fountain Valley Regional Hospital, Lakewood Regional Medical Center Los Alamitos Medical Center and Placentia-Linda Hospital are now part of UCI Health.

Key Points: 
  • We celebrate the transformation of UCI Health as a leader in the integration of academic and community-based health systems while promoting solutions to challenges facing healthcare," said UC Irvine Chancellor Howard Gillman.
  • As Orange County's only academic health system, UCI Health plays a unique and critical role providing healthcare in the region.
  • "UCI Health has built a legacy as a nationally regarded academic health system that is fiercely dedicated to improving the health of our communities.
  • Lefteris said UCI Health recognizes a unique opportunity to build on the quality care already being delivered in the communities served by these hospitals.

Eight nurses from St. Vincent Hospital Filed Suit Yesterday In Worcester Superior Court Against Tenet Healthcare for Wrongful Termination after Blowing the Whistle on Unsafe Patient Care Conditions that Jeopardize the Safety of Patients Admitted to the Wo

Retrieved on: 
Friday, March 22, 2024

WORCESTER, Mass., March 22, 2024 /PRNewswire/ -- Eight registered nurses represented by the Massachusetts Nurses Association at St. Vincent Hospital filed a lawsuit yesterday in Worcester Superior Court against the hospital and its owner, Dallas-based for-profit owner Tenet Healthcare alleging they were fired for exercising their legal and professional obligation to report "unsafe and illegal conduct and conditions" that jeopardized the health and dignity of the patients under their care.  Members of the media who wish to receive a copy of the complaint can contact David Schildmeier at [email protected].

Key Points: 
  • Members of the media who wish to receive a copy of the complaint can contact David Schildmeier at [email protected] .
  • The lawsuit makes clear that the St. Vincent nurses met their legal obligations to protect their patients, while Tenet management failed to do so.
  • When the plaintiff nurses objected to providing unsafe care, SVH and Tenet fired them."
  • Founded in 1903, the Massachusetts Nurses Association is the largest union of registered nurses in the Commonwealth of Massachusetts.

Tenet to Sell Two Hospitals and Enter into a Revenue Cycle Services Partnership with Adventist Health

Retrieved on: 
Thursday, February 29, 2024

Tenet also announced its Conifer Health Solutions subsidiary will enter into an agreement to provide revenue cycle services for Adventist Health.

Key Points: 
  • Tenet also announced its Conifer Health Solutions subsidiary will enter into an agreement to provide revenue cycle services for Adventist Health.
  • Additionally, Conifer Health Solutions will enter into a strategic partnership with Adventist Health to provide hospital and physician revenue cycle services.
  • Conifer to provide services for over $3.5 billion in net revenue and deliver its best-in-class revenue cycle capabilities to enable Adventist Health to optimize cashflow performance and enhance patient engagement.
  • “Furthermore, our revenue cycle services partnership will enable our organizations to apply new innovations to optimize the patient experience.”

Tenet to Participate in Barclays 26th Annual Global Healthcare Conference

Retrieved on: 
Wednesday, February 21, 2024

Tenet Healthcare Corporation (NYSE: THC) is scheduled to present at the Barclays Global Healthcare Conference on Tuesday, March 12, 2024, beginning at 9:30 a.m. Eastern time.

Key Points: 
  • Tenet Healthcare Corporation (NYSE: THC) is scheduled to present at the Barclays Global Healthcare Conference on Tuesday, March 12, 2024, beginning at 9:30 a.m. Eastern time.
  • A live webcast and audio archive of the event may be accessed through the investor relations section of Tenet’s website at www.tenethealth.com/investors .
  • The replay will be available for 30 days.

NEW REPORT: Just 34.5% of reviewed hospitals fully compliant with federally mandated price transparency rule

Retrieved on: 
Thursday, February 29, 2024

Despite stagnant compliance, the Centers for Medicare & Medicaid Services (CMS) has issued penalty notices to only 14 hospitals .

Key Points: 
  • Despite stagnant compliance, the Centers for Medicare & Medicaid Services (CMS) has issued penalty notices to only 14 hospitals .
  • The Braun-Sanders Senate Health Care PRICE Transparency Act 2.0 (S. 3548) is a bill that deserves the full support of the Biden Administration.
  • The latest review of 2,000 hospitals across the United States found:
    Only 689 hospitals (34.5%) were fully compliant with the rule.
  • Analysis for this report found more hospitals posting multiple files, instead of the single file required by the rule.