Tenet Healthcare

Tenet Anticipates Beating Midpoint of Latest 2022 Outlook; Announces Key Leadership Updates

Retrieved on: 
Thursday, January 19, 2023

Tenet Healthcare Corporation (Tenet) (NYSE: THC) announced today that it expects to exceed the midpoint of its latest FY22 Adjusted EBITDA Outlook range included in its third quarter 2022 earnings release along with key leadership updates that will help support long-term business performance.

Key Points: 
  • Tenet Healthcare Corporation (Tenet) (NYSE: THC) announced today that it expects to exceed the midpoint of its latest FY22 Adjusted EBITDA Outlook range included in its third quarter 2022 earnings release along with key leadership updates that will help support long-term business performance.
  • “Our business units continued to demonstrate effective management capabilities and delivered strong results in the fourth quarter,” said Saum Sutaria, M.D., Chief Executive Officer of Tenet.
  • The announcement includes the retirement of Daniel Cancelmi, Executive Vice President & Chief Financial Officer, at the end of 2023.
  • “Dan is an inspirational leader with a long legacy at Tenet, starting as a hospital CFO to becoming our corporate CFO.

HSS Florida Continues to Grow With Appointment of Tara M. McCoy As CEO

Retrieved on: 
Friday, January 13, 2023

NEW YORK, Jan. 13, 2023 /PRNewswire/ -- Hospital for Special Surgery (HSS), the world's leading academic medical system specializing in orthopedics, rheumatology and related disciplines, has appointed experienced healthcare leader, Tara M. McCoy, to the new position of HSS Florida Chief Executive Officer. The announcement reflects HSS's commitment to improving musculoskeletal health in the state. 

Key Points: 
  • Ms. McCoy brings to HSS more than 20 years of healthcare and Florida leadership experience with Cleveland Clinic, Tenet Healthcare, among others.
  • Ms. McCoy will partner with world-renowned Douglas E. Padgett, MD, who as HSS Associate Surgeon-in-Chief and Medical Director oversees all aspects of clinical quality for HSS Florida.
  • "Tara's appointment demonstrates the commitment to excellence and earned leadership that define the HSS approach to transforming healthcare," said HSS President and CEO Louis A. Shapiro.
  • "Tara's extensive experience and proven leadership will help us to make HSS quality care more accessible to more people across the state of Florida."

Tenet to Report its Fourth Quarter 2022 Results on February 9th

Retrieved on: 
Tuesday, January 17, 2023

Tenet Healthcare Corporation (NYSE: THC) will release its fourth quarter 2022 results on Thursday, February 9, 2023, 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 fourth quarter 2022 results on Thursday, February 9, 2023, 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).

Tomorrow Health Strengthens Leadership Team with Head of Talent Management

Retrieved on: 
Thursday, December 15, 2022

HR veteran Heidi Nicoll joins as Vice President of Talent Management, brings experience from Shutterstock and Splice

Key Points: 
  • HR veteran Heidi Nicoll joins as Vice President of Talent Management, brings experience from Shutterstock and Splice
    NEW YORK, Dec. 15, 2022 /PRNewswire/ -- Tomorrow Health , a home-based care company, today announced that Heidi Nicoll has joined as Vice President of Talent Management.
  • In her new role, Nicoll oversees talent management, including talent development and acquisition.
  • Her duties will include attracting and hiring diverse top talent to enable Tomorrow Health to drive forward its vision and mission.
  • Nicoll's addition to the leadership team comes at a time of significant momentum for Tomorrow Health.

St. Vincent Hospital Nurses Outraged by Government's Announcement Of $1.7 Million Fine Against Tenet/St. Vincent Hospital for Overcharging for Cardiac Surgical Procedures

Retrieved on: 
Monday, December 12, 2022

WORCESTER, Mass., Dec. 12, 2022 /PRNewswire/ -- The nurses of St. Vincent Hospital in Worcester are outraged by an announcement on Friday by the U.S. Government of a $1.7 million fine against the hospital for overcharging Medicare for cardiac surgical procedures. The fine is just the latest in a series of fines and judgements from the courts and government agencies against Tenet Healthcare, the for-profit owner of the facility, totaling close to $2 billion over the last 20 years. Click here to view the press release about the fine from the U.S. Attorney's office.

Key Points: 
  • WORCESTER, Mass., Dec. 12, 2022 /PRNewswire/ -- The nurses of St. Vincent Hospital in Worcester are outraged by an announcement on Friday by the U.S. Government of a $1.7 million fine against the hospital for overcharging Medicare for cardiac surgical procedures.
  • Click here to view the press release about the fine from the U.S. Attorney's office.
  • According to Becker's Hospital Review, Tenet Executive Vice President and CFO Dan Cancelmi also took home $7.22 million.
  • Founded in 1903, the Massachusetts Nurses Association is the largest union of registered nurses in the Commonwealth of Massachusetts.

Tomorrow Health Fully Automates Order Lifecycle For Full Spectrum Of Durable Medical Equipment

Retrieved on: 
Wednesday, December 7, 2022

Conflicting requirements for home medical orders between the prescriber and the health plan can lead to delays, or in more severe cases, hospital readmissions.

Key Points: 
  • Conflicting requirements for home medical orders between the prescriber and the health plan can lead to delays, or in more severe cases, hospital readmissions.
  • Care providers using Tomorrow Health to order medical equipment for their patient populations can now take advantage of new HCPCS code automation features.
  • By partnering with payors, referring providers and home-based care suppliers, Tomorrow Health streamlines the home-based care process to elevate the patient experience.
  • Partnering with more than 125 leading health plans and hospital systems across the country, Tomorrow Health is America's trusted partner for high-quality home-based care.

Tenet to Participate in BofA Securities 2022 Leveraged Finance Conference

Retrieved on: 
Thursday, November 24, 2022

Tenet Healthcare Corporation (NYSE: THC) is scheduled to present at the BofA Securities 2022 Leveraged Finance Conference on Tuesday, November 29, 2022, beginning at 8:10 a.m. Eastern time.

Key Points: 
  • Tenet Healthcare Corporation (NYSE: THC) is scheduled to present at the BofA Securities 2022 Leveraged Finance Conference on Tuesday, November 29, 2022, beginning at 8:10 a.m. Eastern time.
  • A live webcast and audio archive of the event may be accessed through the investor relations section of Tenets website at www.tenethealth.com/investors .
  • Tenet Healthcare Corporation (NYSE: THC) is a diversified healthcare services company headquartered in Dallas.
  • Across the Tenet enterprise, we are united by our mission to deliver quality, compassionate care in the communities we serve.

Tomorrow Health Adds Healthcare, Tech Heavyweights to Leadership Team

Retrieved on: 
Thursday, November 3, 2022

In the new role, Lenhardt is tasked with scaling Tomorrow Health's high-performance culture as it expands its patient footprint and geographic health plan, care provider and supplier reach.

Key Points: 
  • In the new role, Lenhardt is tasked with scaling Tomorrow Health's high-performance culture as it expands its patient footprint and geographic health plan, care provider and supplier reach.
  • "Anna and Ryan join a leadership team that draws from market-moving companies including Amazon, Oscar Health, Flatiron Health, Signify Health and Warby Parker.
  • Tomorrow Health enables exceptional healthcare for patients and their families in the place they want to be most home.
  • Partnering with more than 125 leading health plans and hospital systems across the country, Tomorrow Health is America's trusted partner for high-quality home-based care.

Tenet to Participate in Credit Suisse Healthcare Conference

Retrieved on: 
Monday, October 24, 2022

Tenet Healthcare Corporation (NYSE: THC) is scheduled to present at the Credit Suisse 31st Annual Healthcare Conference on Tuesday, November 8, 2022, beginning at 11:00 a.m. Eastern time.

Key Points: 
  • Tenet Healthcare Corporation (NYSE: THC) is scheduled to present at the Credit Suisse 31st Annual Healthcare Conference on Tuesday, November 8, 2022, beginning at 11:00 a.m. Eastern time.
  • A live webcast and audio archive of the event may be accessed through the investor relations section of Tenets website at www.tenethealth.com/investors .
  • Tenet Healthcare Corporation (NYSE: THC) is a diversified healthcare services company headquartered in Dallas.
  • Across the Tenet enterprise, we are united by our mission to deliver quality, compassionate care in the communities we serve.

Sinai Medical Group Selects Conifer Health Solutions to Support Revenue Cycle Operations

Retrieved on: 
Thursday, October 20, 2022

DALLAS, Oct. 20, 2022 /PRNewswire/ -- Conifer Health Solutions, a leading provider of comprehensive Physician Revenue Cycle Management (PRCM) outsourced services, announces a five-year partnership with Sinai Medical Group (SMG) in Chicago, Illinois effective October 6, 2022. The enterprise relationship involves a full engagement with a focus on CDI and Coding. Previously, SMG had multiple vendors managing their revenue cycle but struggled with coding and documentation concerns impacting revenue collection. SMG is part of Sinai Chicago.

Key Points: 
  • Previously, SMG had multiple vendors managing their revenue cycle but struggled with coding and documentation concerns impacting revenue collection.
  • "The transition to Epic is a key reason why we selected Conifer," shared Gary Krugel, chief financial officer, Sinai Chicago.
  • "We are grateful to be selected by the Sinai Medical Group and look forward to a positive and impactful working relationship, said Matthew Bayley, MD group president, Conifer PRCM.
  • Conifer Health Solutions, LLC, a subsidiary of Tenet Healthcare Corporation, brings 35 years of healthcare industry expertise to help health systems and physician practices address their most pressing revenue cycle challenges.