Tenet Healthcare management and striking nurses at a Massachusetts hospital are scheduled to head back to the negotiating table Monday in an effort to end.
Tenet drops plan to sell Memphis hospitals
The FTC sued to block the $350 million deal last month, saying it would reduce competition.
Tenet Healthcare s headquarters are next to the Dallas North Tollway.(Jeffrey McWhorter / Special Contributor)
Tenet Healthcare said Wednesday that it has dropped its plans to sell two Memphis hospitals to Methodist Le Bonheur Healthcare.
In November, the Federal Trade Commission sued to block the $350 million deal, which had been announced last year and included Tenet’s Saint Francis Hospitals in Memphis and Bartlett, physician practices associated with the hospitals and six MedPost urgent care centers, according earlier documents filed by Tenet.