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Tenet again lowers threshold for investors to call meetings

Tenet again lowers threshold for investors to call meetings

By Tara Bannow  |  March 05, 2018

Tenet Healthcare Corp. shareholders now only need to own 25% of the company's shares in order to request special meetings, the hospital chain announced Monday. That's down from more than 50% under previous rules.

Tenet receives $550 million on divestitures in Q1

Tenet receives $550 million on divestitures in Q1

By Tara Bannow  |  March 02, 2018

Dallas-based Tenet Healthcare Corp. has completed a series of previously announced hospital divestitures that brought in more than $550 million altogether in the first quarter of 2018.

Tenet shareholders to hold written consent vote

Tenet shareholders to hold written consent vote

By Tara Bannow  |  February 02, 2018

Tenet Healthcare Corp. shareholders will vote on a proposal to allow for action by written consent without meetings. Glenview Capital Management, which owns a 17.77% stake in Tenet, submitted the proposal.

Intermountain latest provider to outsource revenue-cycle management

Intermountain latest provider to outsource revenue-cycle management

By Alex Kacik  |  January 27, 2018

Salt Lake City-based Intermountain Healthcare will outsource 2,300 nonclinical employees to revenue-cycle management company R1 RCM, a move that is expected to save the integrated health system $70 million over the next three years.

Record numbers, better credit in 2017 M&A dealmaking

Record numbers, better credit in 2017 M&A dealmaking

By Tara Bannow  |  January 27, 2018

The most mergers ever were recorded in 2017 by financial firm Kaufman Hall, which began tracking deals in 2000. Even with that growth, more financially strong systems are attracting interest in being acquired by a larger or better-positioned system.

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