Tenet and Catholic Health Initiatives represented approximately 75 percent of Conifer Health Solution's revenue in the third quarter of 2017. Facing mounting pressure from activist investors to improve its bottom line, Tenet announced it would explore selling Conifer, a $1.6 billion company with 15,000 employees.
Announced on Tuesday,...National News
Trevor Fetter announced he would leave his post as CEO on March 15, 2018, or earlier if a successor is found. Tenet Healthcare Corp. also announced today that it was selling Hahnemann University Hospital and St. Christopher’s Hospital for Children to a private equity-backed California firm for $170 million.
Sometimes there are...National News
The financially challenged hospital system's stock price responded by jumping $2.18 (15%).
An investor with an 18 percent stake in Tenet, Glenview Capital Management, abandoned two Tenet board seats last week because of irreconcilable differences with management and the board. In addition, Glenview said it would no longer...
