Healthcare Business News
Emanuel Medical Center, Turlock, Calif.
Emanuel Medical Center

Tenet inks agreement to acquire Calif. hospital

By Paul Barr
Posted: February 21, 2013 - 6:30 pm ET

Tenet Healthcare Corp., Dallas, announced it has signed a definitive agreement to acquire Emanuel Medical Center, Turlock, Calif., for undisclosed terms.

The planned purchase of the Evangelical Covenant Church-affiliated hospital with 209 staffed beds is designed to expand Tenet's integrated healthcare network in California's Central Valley, where the for-profit chain already owns Doctors Medical Center of Modesto and Doctors Hospital of Manteca, according to a news release.

Emanuel Medical Center will remain affiliated with the Evangelical Covenant Church and will keep its faith-based culture and practices, as other church-affiliated Tenet hospitals have done, according to the release.

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The deal is subject to customary approvals and closing conditions and is expected to be completed in the second quarter, according to the release.

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