Tenet Announces Agreement with UnitedHealthcare Community Plan

PHILADELPHIA--(BUSINESS WIRE)-- Tenet Healthcare Corporation (NYSE: THC) today announced it signed a multi-year agreement with UnitedHealthcare Community Plan of Pennsylvania (formerly AmeriChoice of Pennsylvania) that covers Hahnemann University Hospital and St. Christopher’s Hospital for Children in Philadelphia, PA. The agreement also covers physicians employed by subsidiaries of the two hospitals. Financial terms of the agreement were not released.

UnitedHealthcare Community Plan is a managed care organization serving more than 85,000 Medicaid and Children’s Health Insurance Program eligible members in the Philadelphia area. The agreement also includes members of UnitedHealthcare Community Plan of New Jersey who receive care at St. Christopher’s Hospital for Children.

“Under this agreement, UnitedHealthcare Community Plan members can continue accessing the nationally recognized programs at Hahnemann University Hospital and St. Christopher’s Hospital for Children,” said Stephen L. Newman, M.D., Tenet’s chief operating officer. “We are pleased to continue offering high-quality care to these patients.”

“We are committed to ensuring our members have access to nationally recognized, high-quality and professional hospital services in their communities,” said Heather Cianfrocco, president of UnitedHealthcare Community Plan of Pennsylvania. “Our relationship with Tenet ensures our members in the Philadelphia area have continued access to Hahnemann University and St. Christopher’s hospitals for their health care needs.”

UnitedHealthcare Community Plan also has an agreement with Drexel University College of Medicine, which represents Hahnemann’s largest contingent of physicians.

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 healthcare facilities are committed to providing high quality care to patients in the communities they serve. For more information, please visit www.tenethealth.com.

UnitedHealthcare Community Plan of Pennsylvania serves more than 280,000 residents throughout the Commonwealth. The company is part of UnitedHealth Group (NYSE: UNH), a diversified Fortune 50 health and well-being company. UnitedHealthcare Community & State serves more than 3.2 million members in government-sponsored health care programs in 24 states and the District of Columbia. Visit www.UHCCommunityPlan.com for more information.

Some of the statements in this release may constitute forward-looking statements. Such forward-looking 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 uses its company web site to provide important information to investors about the company including the posting of important announcements regarding financial performance and corporate developments.


Tenet Healthcare Corporation
Rick Black, 469-893-2647
[email protected]
Thomas Rice, 469-893-2522
[email protected]

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INDUSTRY KEYWORDS:   Health  Hospitals  Professional Services  Insurance  Managed Care