Tenet Healthcare Corporation (NYSE: THC) announces that it has completed the sale of its 70% majority ownership interest in Brookwood Baptist Health in Birmingham to Orlando Health consistent with previously disclosed terms. The completed transaction includes five hospitals – Brookwood Baptist Medical Center, Citizens Baptist Medical Center, Princeton Baptist Medical Center, Shelby Baptist Medical Center, Walker Baptist Medical Center – and other related operations. Tenet’s Conifer Health Solutions subsidiary has entered into a ten-year contract to provide comprehensive revenue cycle management services for these operations.
Read the full article: Tenet Completes Sale of Five Hospitals in Birmingham //
Source: https://www.businesswire.com/news/home/20241001189407/en/Tenet-Completes-Sale-of-Five-Hospitals-in-Birmingham