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Latest Tenet Healthcare Stories

2008-06-24 02:30:29

Tenet Healthcare Corporation (NYSE: THC) today announced that it will be selling its entire interest in Broadlane, Inc. as part of a definitive agreement reached for TowerBrook Capital Partners L.P. to acquire a majority interest in Broadlane. Tenet's proceeds from the sale will be approximately $155 million in cash. Ten percent of the proceeds will be held in escrow and distributed over approximately six years. Tenet expects to record a gain on the transaction, which will be substantially...

2008-06-24 02:30:29

TowerBrook Capital Partners L.P., the New York and London-based private equity firm, announced today that it has signed a definitive agreement to acquire a majority interest in Broadlane, Inc., a leading provider of supply chain management and clinical workforce management services to the U.S. healthcare industry. Under the terms of the agreement, Broadlane's senior management team will continue to retain a significant ownership interest in the company. Financing for the transaction will be...

2007-12-03 09:01:00

Tenet Healthcare Corporation (NYSE:THC) announced today that a company subsidiary has completed the previously disclosed sale of Shelby Regional Medical Center, a 54-bed acute care hospital located in Center, Texas, to Shelby Medical Holdings, LLC. Year-to-date, the hospital has had an average daily census of eight. Pre-tax proceeds from the sale are approximately $2 million. The proceeds will be used for general corporate purposes. With the sale of Shelby Regional Medical Center now...

2007-11-01 09:01:02

Tenet Healthcare Corporation (NYSE:THC) today announced that a subsidiary has completed the purchase of the assets of Stanislaus Behavioral Health Center, a 67-bed county behavioral health hospital located in Modesto, Calif. It will continue to operate as a department of Doctor's Medical Center of Modesto and will be renamed Doctor's Behavioral Health Center. The approximate purchase price is $10.9 million and is subject to normal post-closing adjustments. Doctor's Medical Center of...

2007-08-23 12:13:52

Tenet's Central Region announced today the appointment of three new chief executive officers at its three acute care hospitals that are part of the Sierra Providence Health Network (SPHN) in El Paso, Texas. Irene Chavez, a 13-year veteran of SPHN, was promoted from chief operating officer to lead the 508-bed Providence Memorial Hospital, effective immediately; Edmundo Castaneda joins Tenet from a former Triad Hospitals, Inc. hospital to lead the 351-bed Sierra Medical Center, effective...

2007-06-01 12:00:36

Merit Health Systems, LLC ("Merit") announced today its acquisition of Mountainside Hospital ("Mountainside") in Montclair/Glen Ridge, N.J. Mountainside, which has served the greater Essex County area since 1891, is a full-service community-based hospital offering a multitude of quality services including a 24/7/365 emergency department, women's services, cancer, orthopedics and cardiology programs, a sleep center and a weight-loss surgery center of excellence. The sale to Merit will...

2007-05-03 18:00:33

Tenet California announced today that Debbie Walsh has been named chief executive officer of USC University Hospital, a 265-bed academic medical center, and USC Norris Cancer Hospital, a 60-bed hospital that specializes in cancer treatment, effective immediately. Walsh, 51, has served as the hospitals' interim chief executive officer since June 2006 and has been the chief operating officer since 2003. She is a Registered Nurse with a master's degree in nursing, and also has served as...

2006-12-22 18:00:40

Tenet Southern States announced today Doug Doris has been named chief executive officer of Central Carolina Hospital, a 137-bed acute care facility in Sanford, N.C. Doris, 55, is currently the interim CEO at the hospital. His appointment will be effective Jan. 1, 2007. Doris reports to John F. Holland, senior vice president, operations, of Tenet's Southern States region. "Doug is an experienced hospital executive who has demonstrated an exceptional hands-on and personally engaging...

2006-12-04 18:01:00

Tenet California announced today that Mark Lisa has been named chief executive officer of Tenet's Doctors Hospital of Manteca, a 73-bed acute care facility located in Manteca. Lisa, 46, most recently served as the chief operating officer of Doctors Hospital of Laredo in Texas. A veteran hospital leader with nearly 28 years of experience as a health care executive, Lisa will be responsible for all strategic, operational and clinical activities at DHM effective December 11, 2006. "Mark...

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2006-08-30 09:25:00

By Kim Dixon CHICAGO -- One year after Hurricane Katrina tore into New Orleans, the region's hospitals and nursing homes remain devastated and uncertain of their ability to cope with another disaster. One-third of these facilities remain closed. Those that reopened have tried to become more self-reliant by installing more back-up power generators and even digging new wells for water. But even they are not operating at full steam, although residents are clamoring for their services. "We're not...


Word of the Day
grass-comber
  • A landsman who is making his first voyage at sea; a novice who enters naval service from rural life.
According to the OED, a grass-comber is also 'a sailor's term for one who has been a farm-labourer.'