Tenet Completes Sale of Six Hospitals in California
April 01 2024 - 6:45AM
Business Wire
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. The completed
transaction includes Sierra Vista Regional Medical Center, Twin
Cities Community Hospital, and related operations.
About Tenet Healthcare
Tenet Healthcare Corporation (NYSE: THC) is a diversified
healthcare services company headquartered in Dallas. Our care
delivery network includes United Surgical Partners International,
the largest ambulatory platform in the country, which operates
ambulatory surgery centers and surgical hospitals. We also operate
a national portfolio of acute care and specialty hospitals, other
outpatient facilities, a network of leading employed physicians and
a global business center in Manila, Philippines. Our Conifer Health
Solutions subsidiary provides revenue cycle management and
value-based care services to hospitals, health systems, physician
practices, employers, and other clients. Across the Tenet
enterprise, we are united by our mission to deliver quality,
compassionate care in the communities we serve. For more
information, please visit www.tenethealth.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20240401607922/en/
Investor Contact Will McDowell 469-893-2387
William.McDowell@tenethealth.com
Media Contact Robert Dyer 469-893-2640
mediarelations@tenethealth.com
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