Tenet Healthcare Corp., Santa Barbara, Calif., has made the best offer among eight bidders for 173-bed Slidell (La.) Memorial Hospital and Medical Center, a consultant to the public hospital said. If Tenet's $130 million bid is successful, the 114-hospital chain would own both acute-care hospitals in Slidell, which is about 40 miles north of New Orleans. Tenet already owns 147-bed Northshore Regional Medical Center. Slidell's board has asked Tenet to make another presentation Oct. 16, said the consultant, Josh Nemzoff. The board will decide at that meeting whether to enter exclusive negotiations with Tenet or move to the second-highest bidder, Nemzoff said. He would not identify the second bidder. The Slidell board tried to avoid a sale by asking voters to approve a tax-supported $35 million bond issue to pay for upgrades, but voters narrowly rejected the plan this summer. Other companies that made proposals to buy Slidell include two Nashville-based chains, HCA and Iasis Healthcare Corp.; Health Management Associates, Naples, Fla.; Universal Health Services, King of Prussia, Pa.; a joint venture of Ardent Health Services, Nashville, and Ochsner Clinic, New Orleans; and a solo bid by Ochsner. -- by Vince Galloro
Tenet leading suitor for La. public hospital
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