Tenet Healthcare
Analyst says Tenet poised for major turnaround
This must be satisfying for Tenet execs to see: A major healthcare analyst has turned tail and upgraded the hospital company's rating dramatically, after slamming it less than a year ago and... Read more...
ALSO NOTED: Tenet sells two hospitals; Health IT M&A market still hot; and much more...
> Tenet announced that it will sell two hospitals to the University of Southern California. Article > Things may be... Read more...
SPOTLIGHT: Tenet says Florida numbers improving
While Tenet has been on the comeback trail after years of financial problems, South Florida has been something of a trouble spot. The region's COO is reporting that Florida patient volumes have... Read more...
Tenet finally back on track
Things seem to be looking up for once beleaguered Tenet Healthcare these days. After years of financial and legal troubles, the company's... Read more...
NJ system, consultant to pay $7.6M in outlier case
Newark, N.J.-based Cathedral Healthcare System has agreed to pay $5.3 million to resolve charges that it inflated charges to boost its income from Medicare outlier programs. This is just the most... Read more...
ALSO NOTED: Tenet warns patients about stolen data; FDA inspects wrong manufacturing plant; and much more...
> Tenet has warned 37,000 patients that an identity thief may have stolen their data from its billing center. Read more...
NJ hospitals face false-claims charges
The U.S. Department of Justice has decided to investigate False Claims Act allegations against three New Jersey Hospitals. Whistleblowers have accused the hospitals of scheming to increase their... Read more...
ALSO NOTED: Tenet signs BC of Calif. contract; Analyst predict WellCare sale; and much more...
> Tenet has struck a multi-year contract with Blue Cross of California covering 16 California hospitals. Read more...
Trend: Hospital corps sell services to competitors
In a business facing the overhead hospitals do, just about anything you can do to lower costs makes sense. So it's little surprise--though still noteworthy--that hospital chains are increasingly... Read more...
Tenet may be ready for comeback
For several years, Tenet has been struggling to pull itself back together financially, after being pounded by both scandals within and brutal industry conditions without. Now, however, some observers... Read more...
