Tenet Healthcare

Healthcare IT market size to grow by USD 168.86 billion from 2023 - 2027 | 3M Co., Allscripts Healthcare Solutions Inc. and more among the key companies in the market - Technavio

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Wednesday, December 13, 2023
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NEW YORK, Dec. 12, 2023 /PRNewswire/ -- The healthcare IT market is estimated to grow at a CAGR of 10.89% between 2022 and 2027.

Key Points: 
  • NEW YORK, Dec. 12, 2023 /PRNewswire/ -- The healthcare IT market is estimated to grow at a CAGR of 10.89% between 2022 and 2027.
  • Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.
  • In-depth analysis provided in the report includes:
    Based on component, the healthcare IT market is segmented into services, software, and hardware.
  • Based on geography, the healthcare IT market is segmented into North America, Europe, APAC, South America, and Middle East and Africa.

Incredible Health Becomes First Healthcare Career Marketplace to Implement Generative AI, Transforming Nurse Hiring Experience and Improving Access to Opportunity

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Thursday, December 7, 2023
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SAN FRANCISCO, Dec. 7, 2023 /PRNewswire/ -- Incredible Health, the fastest-growing healthcare career marketplace for healthcare workers, announced today that it has implemented generative AI across its platform, becoming the first within this essential field to do so. Logistical challenges within nurse hiring limit opportunity for nurses to find permanent positions that best suit them and contribute to the growing U.S. healthcare staffing crisis. But Incredible Health's new generative AI features dramatically expand opportunity for nurses and speed up the hiring process for positions they actually want.

Key Points: 
  • But Incredible Health's new generative AI features dramatically expand opportunity for nurses and speed up the hiring process for positions they actually want.
  • "No company is investing in creating opportunities for nurses the way we are at Incredible Health," said Iman Abuzeid, M.D, Co-Founder and CEO of Incredible Health.
  • "For years, we've implemented machine learning within our marketplace, and adding new generative AI features are an essential step forward.
  • Today, 800,000 nurses and more than 750 hospitals nationwide use Incredible Health and experience the benefits of generative AI on the platform.

Healthcare IT market size to grow by USD 168.86 billion from 2023 - 2027 : The increasing focus on improving the quality of services and efficiency to drive the market growth - Technavio

Retrieved on: 
Monday, December 4, 2023
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The increasing focus on improving the quality of services and efficiency is notably driving market growth.

Key Points: 
  • The increasing focus on improving the quality of services and efficiency is notably driving market growth.
  • The workload of medical professionals has decreased due to IT hardware and software solutions, which has enhanced the level of treatment.
  • Based on geography, the healthcare IT market is segmented into North America, Europe, APAC, South America, and Middle East and Africa.
  • The largest geographical segment of the global healthcare IT market is North America, and this trend will continue during the projected period.

Novant Health to acquire three hospitals from Tenet Healthcare

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Friday, November 17, 2023
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WINSTON-SALEM, N.C., Nov. 17, 2023 /PRNewswire/ -- Novant Health and Tenet Healthcare Corporation (NYSE: THC) today announced that they have signed a definitive agreement regarding the acquisition by Novant Health of three Tenet hospitals and affiliated operations in South Carolina.

Key Points: 
  • WINSTON-SALEM, N.C., Nov. 17, 2023 /PRNewswire/ -- Novant Health and Tenet Healthcare Corporation (NYSE: THC) today announced that they have signed a definitive agreement regarding the acquisition by Novant Health of three Tenet hospitals and affiliated operations in South Carolina.
  • Under the terms of the agreement, Novant Health will purchase three hospitals, as well as associated physician practices and other related hospital operations from Tenet for approximately $2.4 billion.
  • "We're excited about making this long-term investment for healthcare across our region," said Carl S. Armato, President and CEO, Novant Health.
  • "I am pleased to be in a partnership with Novant Health, whom we've admired for their innovative approach to patient-centric healthcare," said Saum Sutaria, M.D., Chairman and CEO, Tenet Healthcare.

Sutter Health Names Market Leaders in System’s Collaborative Dyad Model

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Tuesday, October 24, 2023
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“I’m pleased to announce Sutter Health’s community-based market leaders,” said Warner Thomas, Sutter Health president and CEO.

Key Points: 
  • “I’m pleased to announce Sutter Health’s community-based market leaders,” said Warner Thomas, Sutter Health president and CEO.
  • Market leaders will collaborate with medical group presidents alongside community physicians to enhance access and provide exceptional care.
  • Tosan Boyo, Greater East Bay Market President, was most recently senior vice president of hospital operations at John Muir Health.
  • Christina Oh, Greater San Francisco Market President, comes to Sutter Health from HCA Healthcare’s Trident Health System in Charleston, South Carolina where she was president and CEO.

Ardent appoints veteran healthcare executives to senior leadership roles

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Monday, October 23, 2023
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“We are excited to welcome Anika and Joe to Ardent,” said Marty Bonick , president and CEO of Ardent.

Key Points: 
  • “We are excited to welcome Anika and Joe to Ardent,” said Marty Bonick , president and CEO of Ardent.
  • Prior to joining Centene, she was assistant vice president of digital transformation at Intermountain Healthcare.
  • With more than two decades of healthcare operations and leadership experience, he has held executive roles with Tenet Healthcare and HCA Healthcare across California and Florida.
  • “Ardent prioritizes strategies that improve quality and access to care in each of the communities it serves,” said DeSchryver.

Tenet to Report its Third Quarter 2023 Results on October 30th

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Monday, October 9, 2023
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Tenet Healthcare Corporation (NYSE: THC) will release its third quarter 2023 results after the market closes on Monday, October 30, 2023, to be followed by a conference call at 4:00 p.m. CT (5:00 p.m. Eastern Time).

Key Points: 

Tenet Healthcare Corporation (NYSE: THC) will release its third quarter 2023 results after the market closes on Monday, October 30, 2023, to be followed by a conference call at 4:00 p.m. CT (5:00 p.m. Eastern Time).

Helen of Troy Limited Reports Second Quarter Fiscal 2024 Results

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Wednesday, October 4, 2023
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Total short- and long-term debt was $844.9 million, compared to $1,169.7 million as a result of strong cash flow in the fourth quarter of fiscal 2023 and the first half of fiscal 2024.

Key Points: 
  • Total short- and long-term debt was $844.9 million, compared to $1,169.7 million as a result of strong cash flow in the fourth quarter of fiscal 2023 and the first half of fiscal 2024.
  • Estimated cadence of the recognition of the savings will be approximately 25% in fiscal 2024, approximately 50% in fiscal 2025 and approximately 25% in fiscal 2026.
  • Accordingly, the Company expects growth in adjusted diluted EPS in the range of 1.5% to 12% in the second half of fiscal 2024, with growth highly concentrated in the fourth quarter.
  • The Company reports and discusses its operating results using financial measures consistent with accounting principles generally accepted in the United States of America (“GAAP”).

Teladoc Health Appoints Leading Healthcare and Hospitals Executive Eric Evans to Board of Directors

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Wednesday, September 20, 2023
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PURCHASE, NY, Sept. 20, 2023 (GLOBE NEWSWIRE) -- Teladoc Health, Inc. (NYSE:TDOC), the global leader in whole-person virtual care, today appointed Eric Evans to the company’s board of directors.

Key Points: 
  • PURCHASE, NY, Sept. 20, 2023 (GLOBE NEWSWIRE) -- Teladoc Health, Inc. (NYSE:TDOC), the global leader in whole-person virtual care, today appointed Eric Evans to the company’s board of directors.
  • Snow, Jr., non-executive Chairman of the company’s board, said: “We are extremely pleased to welcome Eric to Teladoc Health’s board of directors.
  • “It’s a privilege to join the Teladoc Health board of directors and to share my nearly two decades of experience in the integrated healthcare arena,” said Mr. Evans.
  • Also, in July 2023, Teladoc Health expanded its collaboration in artificial intelligence with Microsoft to address the healthcare workforce crisis.

Tenet Healthcare Streamlines HR and Payroll Processes with Oracle

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Monday, September 18, 2023
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LAS VEGAS, Sept. 18, 2023 /PRNewswire/ -- Oracle Health Conference -- Tenet Healthcare Corporation (NYSE: THC) has selected Oracle Fusion Cloud Human Capital Management (HCM) to streamline and modernize its human resources and payroll processes.

Key Points: 
  • LAS VEGAS, Sept. 18, 2023 /PRNewswire/ -- Oracle Health Conference -- Tenet Healthcare Corporation (NYSE: THC) has selected Oracle Fusion Cloud Human Capital Management (HCM) to streamline and modernize its human resources and payroll processes.
  • "Combining our systems with Oracle Cloud HCM, we are now able to enhance and automate our processes and improve the capability we deliver to our employees and HR and payroll professionals across our enterprise," said Paola Arbour, executive vice president and chief information officer, Tenet Healthcare.
  • "With Oracle Cloud HCM, Tenet can take advantage of the latest technology to unlock the full potential of its workforce.
  • By automating time-consuming processes, Tenet can ensure that its workforce spends less time worrying about administrative tasks and more time prioritizing patient care."