Tenet Healthcare (THC) to Sell Hospitals to Refine Portfolio
THCTenet Health(THC) Zacks Investment Research·2024-03-02 02:31

Tenet Healthcare Corporation (THC) inked a definitive deal to divest its two hospitals, affiliated physician practices and related operations to the California-based nonprofit, integrated health system, Adventist Health. The hospitals, named Sierra Vista Regional Medical Center and Twin Cities Community Hospital, serve the communities of San Luis Obispo county, across which Adventist Health has a widespread presence.Subject to customary regulatory approvals, clearances and closing conditions, the transactio ...