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Tenet posts $123M profit on strong surgical demand, lower contract labor costs

Healthcare ....

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Healthcare Brief - D Magazine

Healthcare Brief - D Magazine
dmagazine.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dmagazine.com Daily Mail and Mail on Sunday newspapers.

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Economic, residential growth brings urgent care company headquarters to downtown Raleigh

Economic, residential growth brings urgent care company headquarters to downtown Raleigh
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Healthcare Brief (01/14/21) - D Magazine

Healthcare Brief (01/14/21)
Tenet acquires surgery centers and offloads urgent care, BSW Foundation s new president, Medical City s food bank donation, and more.
By
Will Maddox
Published in
Healthcare Business
January 13, 2021
2:39 pm
Baylor Scott & White Dallas Foundation has named Ben Renberg its new president. Renberg brings 25 year sof experience in the nonprofit world, and was most recently senior associate vice president of alumni affairs and development at Cornell University. “Ben has an excellent reputation as a strategist and fundraiser. He is a proven leader with an impressive track record,” said Norm Bagwell, chairman of the Baylor Scott & White Dallas Foundation board via release. “We look forward to working with him to build on the legacy of excellence and success for which the Foundation is known.” ....

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Tenet to Sell Urgent Care Platform to FastMed

Posted on
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Tenet Healthcare (NYSE: THC) and FastMed Urgent Care announced today that they have entered into a definitive agreement under which FastMed will purchase Tenet’s urgent care platform, which is operated under the CareSpot and MedPost brands and managed by Tenet’s United Surgical Partners International (USPI) subsidiary.
FastMed is one of the nation’s largest independent urgent care providers with 104 locations in North Carolina, Arizona and Texas. The transaction will add 87 CareSpot and MedPost centers, increasing patient access to FastMed’s healthcare services in Arizona and Texas, while enabling the company to expand into Florida and California where most of the acquired centers are located. ....

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