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Tenet Healthcare Corporation is a for-profit multinational healthcare services company based in Dallas, Texas, United States.Through its brands, subsidiaries, joint ventures, and partnerships, [7] including United Surgical Partners International (USPI), [8] the company operates 65 hospitals and over 450 healthcare facilities. [9]
The company had partnerships with over 4,000 physicians and over 50 health systems in the United States, with over 19,000 employees. [2] The company went public in 2001 and was taken private again in 2007. In April 2015, USPI and Tenet Healthcare entered into an agreement to create an ambulatory surgery platform. The transaction was finalized ...
Health Net and Tenet Healthcare Reach New Agreements Covering 11 California Hospitals LOS ANGELES--(BUSINESS WIRE)-- Subsidiaries of Health Net, Inc. (NYS: HNT) today announced new, multi-year ...
On February 1, 2024, UCI Health, part of the University of California, Irvine agreed to purchase Lakewood Regional Medical Center from Tenet Healthcare. [ 22 ] [ 23 ] [ 24 ] On March 27, UCI Health officially took over the management of Lake Regional Medical Center [ 25 ] [ 26 ] [ 27 ] and rebranded it to UCI Health - Lakewood.
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Tenet Healthcare Corp. (NYSE: THC) this morning announced that it has agreed to acquire Vanguard Health Systems Inc. (NYSE: VHS) for $21 a share in cash. The deal is valued at $4.3 billion, which ...
The company was founded in 1979 as Medical Ambulatory Care, Inc., a subsidiary of National Medical Enterprises, Inc. (now Tenet Healthcare). [5]In August 1994, 70% of the company was acquired by DLJ Merchant Banking Partners in a leveraged buyout for $75.5 million, [6] including a $10.5 million investment by DLJ. [7]
Based in Dallas, Tenet Healthcare is a behemoth with 58 acute care hospitals and 648 health care facilities in its portfolio. Its total revenue in 2023 was $19.5 billion. These guys are huge.