Tenet Healthcare Corp., Santa Barbara, Calif., said it has sold its only international hospital, Centro Medico Teknon in Barcelona, Spain, for $50 million in cash and $31 million in assumed debt. The buyer, BC Partners, is a United Kingdom-based company that advises investment funds that own General Healthcare Group, which owns or operates 60 hospitals across Europe. Tenet had owned and operated the Barcelona hospital for 10 years. Tenet also announced that it will continue to operate Medical College of Pennsylvania, Philadelphia, beyond the previously scheduled June 30 closing. The company tried to shut the hospital down over the winter and later came to an agreement with Pennsylvania Gov. Edward Rendell to find a new operator for the hospital. Tenet owns or operates 98 hospitals in the U.S., with 30 slated for divestiture. A new hospital in Frisco, Texas, is set to open June 8. -- by Vince Galloro
Tenet sells Spanish hospital
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