Tenet Healthcare Corp. and Catholic Healthcare West are continuing negotiations for a joint venture involving their properties in California's San Joaquin Valley more than a month after the negotiations were disclosed.
Despite the length of the negotiations, Tenet spokesman Lance Ignon indicated there were no snags. "There are just a lot of imponderables," he said, declining to give a schedule for conclusion of the negotiations.
A CHW spokeswoman declined comment, other than to say there are "no new developments."
An alliance reportedly would involve five CHW hospitals and two Tenet properties. Tenet, based in Santa Barbara, Calif., operates two hospitals in the Modesto area, while CHW, based in San Francisco, operates two in Bakersfield and five in the Sacramento area.