Community Health makes bid for Tenet
In a sign of how the health-care overhaul is reshaping the economics of medicine, Community Health Systems Inc. made a $3.3 billion unsolicited offer for smaller rival Tenet Healthcare Corp. in a deal that would create the country's largest hospital operator as measured by number of facilities.
A tie-up of Community Health and Tenet would create a giant new company with about $22 billion in revenue from 176 hospitals in 30 states and a total of 32,830 licensed beds.
Tenet confirmed receipt of the unsolicited offer and noted that it was identical to Community Health's offer made in November.
- Transforming Decision Support and Reporting
- Providers Prep for New Payment Models as Population Health Grows
- Nurse Ethics Comes to a Head at Guantanamo Bay
- In Lakeport, CA, a Population Health Laboratory is Born
- CMS Mulls Income-Adjusting MA Stars
- 3 Ways to Rev Employee Development Programs
- Providers' Push to Consolidate Roils Payers
- As Retail Clinics Surge, Quality Metrics MIA
- Slideshow: Healthcare Executives Eye Efficiency
- No Employee Satisfaction, No Patient-Centered Culture