Tenet Reaches Agreement with Blue Cross and Blue Shield of Georgia

DALLAS--(BUSINESS WIRE)-- Tenet Healthcare Corporation (NYSE: THC) today announced that a subsidiary has entered into a new agreement with Blue Cross and Blue Shield of Georgia effective July 1, 2010. Financial terms of the agreement were not disclosed.

The new agreement covers Tenet’s five acute care hospitals in Georgia (Atlanta Medical Center, North Fulton Hospital, South Fulton Medical Center, Spalding Regional Medical Center and Sylvan Grove Hospital) as well as freestanding outpatient centers. Tenet Physicians, Inc., which contracts for physicians employed by various Tenet subsidiaries, also is part of the new agreement.

Tenet Healthcare Corporation is a health care services company whose subsidiaries and affiliates own and operate acute care hospitals, ambulatory surgery centers and diagnostic imaging centers. Tenet’s hospitals and related health care facilities are committed to providing high quality care to patients in the communities they serve. For more information, please visit www.tenethealth.com.

Some of the statements in this release may constitute forward-looking statements. Such statements are based on our current expectations and could be affected by numerous factors and are subject to various risks and uncertainties discussed in our filings with the Securities and Exchange Commission, including our annual report on Form 10-K for the year ended Dec. 31, 2009, our quarterly reports on Form 10-Q and periodic reports on Form 8-K. Do not rely on any forward-looking statement, as we cannot predict or control many of the factors that ultimately may affect our ability to achieve the results estimated. We make no promise to update any forward-looking statement, whether as a result of changes in underlying factors, new information, future events or otherwise.


Tenet Healthcare Corporation
David Matthews, 469-893-2640
[email protected]
Thomas Rice, 469-893-2522
[email protected]

KEYWORDS:   United States  North America  Georgia  Texas

INDUSTRY KEYWORDS:   Practice Management  Health  Hospitals  Professional Services  Insurance  Nursing  Managed Care