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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.

Tenet's Detroit Medical Center plans for more job cuts

Tenet's Detroit Medical Center plans for more job cuts

By Tara Bannow  |  January 22, 2018

Detroit Medical Center's CEO announced the hospital will lay off more employees in the coming weeks as the health system struggles to cope with challenges afflicting the healthcare industry.

5 things to know about Tenet Healthcare's restructuring

5 things to know about Tenet Healthcare's restructuring

By Tara Bannow  |  January 13, 2018

Tenet Healthcare will continue to shed non core assets as it tries to reduce a $15 billion debt load. New CEO Ronald Rittenmeyer said his goal is to create a more agile organization.

J.P. Morgan Healthcare Conference: Day 1 notebook

J.P. Morgan Healthcare Conference: Day 1 notebook

By Shelby Livingston and Tara Bannow  |  January 08, 2018

The J.P. Morgan Healthcare Conference kicked off in San Francisco on Monday with news of more cost-cutting measures by Tenet and continued success on the ACA exchanges for Centene. Our reporters Shelby Livingston and Tara Bannow are there to offer daily observations and news.

Tenet continues to shed assets, sells St. Louis hospital

Tenet continues to shed assets, sells St. Louis hospital

By Alex Kacik  |  January 05, 2018

Tenet Healthcare Corp. signed a definitive agreement to sell Chesterfield, Mo.-based Des Peres Hospital to St. Luke's Hospital. Tenet is continuing to offload hospitals in non-core markets to pay down its $15 billion debt load.

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