Tenet officially scraps Conifer spin-off
On Tuesday, Tenet Healthcare announced it no longer plans to spin off its revenue-cycle subsidiary into a separate, publicly traded company.
Source: modernhealthcare.com
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On Tuesday, Tenet Healthcare announced it no longer plans to spin off its revenue-cycle subsidiary into a separate, publicly traded company.
01.03.2022 - Tenet Healthcare Corporation (NYSE: THC) announced today that – based on ongoing shareholder value creation opportunities and improved business fundamentals – the Company will no longer pursue a spinoff of its Conifer Health Solutions subsidiary. ...
Tenet Healthcare leaders are considering whether it would be more beneficial to keep Conifer in-house rather than spinning it off as a separate subsidiary.