Tenet joint ventures with Dignity Health & Ascension — 5 points

Tenet Healthcare formed a joint venture with Dignity Health and Ascension, according to Nasdaq.

Advertisement

Here are five points.

1. Tenet Healthcare and Dignity Health and Ascension will own and operate Carondelet Health Network, based in Tucson, Ariz.

2. Tenet will be the majority stakeholder in the joint venture and will manage the operations of Carondelet Health Network’s two physician groups, three hospitals, ambulatory services, outpatients and other businesses based in Tucson and Nogales, Ariz.

3.  Tenet and Dignity Health currently own and operate clinics and hospitals separately in Phoenix.

4. The companies manage an expanding accountable care organization, the Arizona Care Network, which includes almost 750 patient care facilities.

5. The joint venture will enhance Carondelet’s interaction with physicians, offer development opportunities and will finance the growth initiative in Southern Arizona.

More articles on surgery centers:
143k medical professionals oppose mass deportation of undocumented population — 4 things to know
The race for ASC efficiency and value: 4 ways to increase throughput and promote quality
ASC industry leader to know: Stephen Rosenbaum of Interventional Management Services

At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.

Register to Attend Webinar

Is ambulatory care healthcare’s big margin engine? 4 leaders weigh in

Wednesday, July 29
1:00 PM - 2:00 PM CDT

Presenters: Joe Ganley, athenahealthJeffrey Flynn, CASC, Gramercy Surgery CenterBryan Tsao, Access Center, Loma Linda University HealthJason Zepeda, Northridge Hospital Medical Center, CommonSpirit HealthGreg DeConciliis, PA-C, CASC, Boston Out­Patient Surgical Suites

Advertisement

Next Up in ASC Transactions & Valuation Issues

Advertisement

Comments are closed.