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Tenet Healthcare Corp. news and information

Vital Signs
Moody's warns exchanges could carry more short-term risk than benefit
By Beth Kutscher | October 11, 2013
A credit analyst for not-for-profit healthcare providers is cautioning that the new state health insurance exchanges may introduce more short-term risk than benefit.
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News
Holland hired as CEO of LHP Hospital Group
By Rachel Landen | October 08, 2013 | Basic Web Basic Web Subscription Details
John Holland will join LHP Hospital Group as CEO on Oct. 24, succeeding Dan Moen.
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Magazine
All eyes on how Tenet pursues reform
By Beth Kutscher | October 05, 2013 | Print Magazine Print Magazine Subscription Details
Now that Tenet Healthcare Corp. has completed its $1.8 billion acquisition of Vanguard Health Systems, investors and peers will watch how the company capitalizes on healthcare...
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Information
Vanguard 2013 net income improves by 8%; analyst cautions investors about merger with Tenet
By Jay Greene, Crain's Detroit Business | August 21, 2013
Vanguard Health Systems, the Nashville-based parent of Detroit Medical Center, increased shareholder net income 8 percent to $61.9 million in fiscal year 2013. The increase represented 75 cents per share in the fiscal year ended June 30, an increase from $57.3 million, or 71 cents per share, for...
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News
2012 may have been 'high water mark' for hospital finances, Fitch says
By Melanie Evans | August 13, 2013 | Basic Web Basic Web Subscription Details
The operating performance of not-for-profit hospitals and health systems rated by Fitch Ratings improved in 2012. But last year may be the “high water mark” for hospital finances.
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Magazine
The big squeeze | CHS-HMA merger tightens the vise on independent hospitals
By Beth Kutscher | August 03, 2013 | Print Magazine Print Magazine Subscription Details
The proposed $3.9 billion tie-up between Community Health Systems and HMA highlights the rise of the hospital mega-system as a response to declining inpatient volumes and payment rates.
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Information
Whistle-blower lawsuit says Tenet, HMA defrauded Medicaid
By Kate Brumback / Associated Press | August 01, 2013
A lawsuit says Tenet and Health Management Associates paid clinics to direct expectant mothers living in the U.S. illegally to their hospitals and filed fraudulent Medicaid claims on those patients.
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Magazine
Late News: Sour earnings report | Federal inquiry, bad debt shake Community Health
By Beth Kutscher | July 20, 2013 | Print Magazine Print Magazine Subscription Details
Community Health Systems' earnings preview—which showed larger-than-expected drops in patient volume and net income—may set the stage for a difficult quarter going into earnings season for publicly traded hospital operators.
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Magazine
Provider deals jump | Tenet's Vanguard play leads the pack
By Beth Kutscher | July 20, 2013 | Print Magazine Print Magazine Subscription Details
When Tenet Healthcare Corp. recently agreed to pay $4.3 billion to acquire Vanguard Health Systems—after being relatively quiet on the acquisition front—it...
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News
CHS stock drops sharply after subpoena and profit news
By Beth Kutscher | July 19, 2013 | Basic Web Basic Web Subscription Details
Community Health Systems saw one of the largest drops among healthcare stocks Friday morning as investors digested the news of a new subpoena and admissions numbers that looked much worse than expected.
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