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Latest THC News From Around the Web
Below are the latest news stories about Tenet Healthcare Corp that investors may wish to consider to help them evaluate THC as an investment opportunity.
Imagine Health Partners with Tenet Healthcare to Lower Cost of Healthcare for South Florida Employers
CORAL SPRINGS, Fla. & COTTONWOOD HEIGHTS, Utah--(BUSINESS WIRE)-- #employerhealthcare--Imagine Health and Tenet Healthcare have partnered to expand access to a new type of health plan throughout South Florida. Through direct contracting and built-in price protection, the Imagine Health plan will cut costs and provide direct access to high-quality care for self-insured employers and employees in Broward, Palm Beach and Miami-Dade counties. Through the relationship, self-funded employers and their employees can save a
Healthcare stocks plunge amid broad market rout as Ruth Bader Ginsburg's death creates uncertainty around Obamacare
Summary List Placement Heathcare stocks tanked on Monday after the death of Justice Ruth Bader Ginsburg threw the future of the Affordable Care Act into jeopardy. The Trump administration's challenge to the ACA is set to reach the Supreme Court on November 10. With Trump and Senate Republicans rushing to fill Ginsburg's seat, a strengthened conservative majority is far more likely to reverse the law. Sector giants including Johnson & Johnson , UnitedHealth Group , and Amgen tumbled through the session. Several analysts lowered ratings on healthcare stocks, saying Ginsburg's death clouded revenue estimates. Visit the Business Insider homepage for more stories . Healthcare stocks tumbled on Monday after the death of Justice Ruth Bader Ginsburg sparked concerns that the Supreme Court may d...
Risk comes from not knowing what you’re doing. – Warren Buffett Hospitals and healthcare have never been as important to society as they are now in the midst of a pandemic. Many hospitals, however, have suffered financially, and have had their resources used to their limits. Despite that, there is...
FRISCO, Texas--(BUSINESS WIRE)--Conifer Health Solutions, LLC, a subsidiary of Tenet Healthcare Corporation (NYSE: THC), has announced the promotion of Mary Bacaj to president of its Conifer Value-Based Care, LLC business unit. Bacaj has served as a company vice president since 2015 and has led Value-Based Care since August 2019. “The impact of Mary’s steadfast leadership is apparent in her team’s consistent strong performance and high level of service for our clients and their patients and mem
DALLAS--(BUSINESS WIRE)--Tenet Healthcare Corporation (NYSE: THC) today announced the pricing of the previously announced private placement offering and has agreed to issue and sell $2.5 billion in aggregate principal amount of senior notes due on October 1, 2028, which will bear interest at a rate of 6.125% per annum (the “notes”). Completion of the notes offering is expected to occur on September 16, 2020, and is subject to, among other things, standard closing and market conditions. Tenet in
DALLAS--(BUSINESS WIRE)--Tenet Healthcare Corporation (NYSE: THC) will participate in Baird’s 2020 Global Healthcare Conference on Wednesday, September 9, 2020. This year’s conference is being held via a virtual format. Tenet’s presentation is scheduled to begin at approximately 9:40 a.m. Eastern time (8:40 a.m. Central time). A live webcast and audio archive of the event may be accessed through the investor relations section of Tenet’s website at www.tenethealth.com/investors. The audio archiv
DALLAS--(BUSINESS WIRE)--Tenet Healthcare Corporation (NYSE: THC) today announced that Joseph Eazor has stepped down as CEO of Conifer Health Solutions, effective at the end of August. Mr. Eazor has made this decision for personal reasons unrelated to his working relationship at Conifer or Tenet. Ron Rittenmeyer, Executive Chairman and CEO, said, “We respect Joe’s decision and are sorry to see him leave at this time. He had made solid contributions during his short tenure.” Mr. Rittenmeyer adde
MNA Response to Proposed Closure of Inpatient Medical and Pediatric Services at MetroWest Medical Center's Natick and Framingham Campuses as State Prepares for Second Wave of the COVID-19 Pandemic
NATICK, Mass. , Aug. 5, 2020 /PRNewswire/ -- Last week, the multi-billion dollar owner of MetroWest Medical Center, Tenet Healthcare, sent a letter to the Department of Public Health providing the required 90-day closure notices for important inpatient medical services at both the Leonard Morse Hospital and Framingham Union Hospital campuses at a time when the state and region are preparing to confront the expected second wave of the COVID-19 pandemic. The proposals call for the closure of the Medical/Surgical Service, Intensive Care Unit, Operating Rooms, Emergency Department, and Outpatient Rehabilitation Service at the MetroWest Medical Center Leonard Morse Campus at 67 Union Street in Natick , as well as the Pediatric Unit located on the Framingham Union Hospital campus. "The Massac...
Tenet Healthcare Corp (THC) Q2 2020 Earnings Conference Call August 04, 2020, 10:00 ET Company Participants Regina Nethery - VP, IR Ronald Rittenmeyer - Executive Chairman & CEO Daniel Cancelmi - CFO & EVP Brett Brodnax - President & CEO, USPI Saumya Sutaria - President & COO Conference Call Participants...
Tenet generated $88M in profits in Q2 with federal relief funds offsetting declines in patient volume
Tenet Healthcare announced $88 million in profits from the second quarter as provider relief funds offset major declines in patient volume.