Tenet

Tenet Completes Sale of Six Hospitals in California

Retrieved on: 
Monday, April 1, 2024
Hospitals, General Health, Health, Other Health, Tenet, Hospital, Sale, University, Adventist Health, Tenet Healthcare, THC

Tenet Healthcare Corporation (NYSE: THC) today announced that it has completed the sale of six hospitals and related operations in California consistent with previously disclosed terms.

Key Points: 
  • Tenet Healthcare Corporation (NYSE: THC) today announced that it has completed the sale of six hospitals and related operations in California consistent with previously disclosed terms.
  • Tenet completed the sale of its four Orange County and Los Angeles County hospitals and related operations to UCI Health – consistent with the approval of the University of California Board of Regents.
  • The completed transaction includes Fountain Valley Regional Hospital, Lakewood Regional Medical Center, Los Alamitos Medical Center, Placentia-Linda Hospital, and related operations.
  • Tenet completed the sale of its two San Luis Obispo hospitals and related operations to Adventist Health.

Eight nurses from St. Vincent Hospital Filed Suit Yesterday In Worcester Superior Court Against Tenet Healthcare for Wrongful Termination after Blowing the Whistle on Unsafe Patient Care Conditions that Jeopardize the Safety of Patients Admitted to the Wo

Retrieved on: 
Friday, March 22, 2024
RN, Patient, Detroit Medical Center, Medicine, Joint Commission, Workplace, Assault, Tenet, Tenet Healthcare, Risk, St. Vincent Hospital, Policy, Medicaid, Safety, Injury, CMS, Health, Mass, Commonwealth, Feces, SVH, Public, Hospital, Triage, Death, MNA, Cardiology, ED, COVID, Public health, Environment, Caregiver, National Nurses United, COVID-19, Legislature, WhatsApp, Hope, Complaint, Urine, Joint, Superior court, Multimedia, Medicare, Nursing

WORCESTER, Mass., March 22, 2024 /PRNewswire/ -- Eight registered nurses represented by the Massachusetts Nurses Association at St. Vincent Hospital filed a lawsuit yesterday in Worcester Superior Court against the hospital and its owner, Dallas-based for-profit owner Tenet Healthcare alleging they were fired for exercising their legal and professional obligation to report "unsafe and illegal conduct and conditions" that jeopardized the health and dignity of the patients under their care.  Members of the media who wish to receive a copy of the complaint can contact David Schildmeier at [email protected].

Key Points: 
  • Members of the media who wish to receive a copy of the complaint can contact David Schildmeier at [email protected] .
  • The lawsuit makes clear that the St. Vincent nurses met their legal obligations to protect their patients, while Tenet management failed to do so.
  • When the plaintiff nurses objected to providing unsafe care, SVH and Tenet fired them."
  • Founded in 1903, the Massachusetts Nurses Association is the largest union of registered nurses in the Commonwealth of Massachusetts.

Sanford Heisler Sharp’s H. Vincent McKnight Elected Board Chair of The Anti-Fraud Coalition and Taxpayers Against Fraud in DC

Retrieved on: 
Wednesday, February 21, 2024
Chairperson, Federal Bar Association, GSA, OCC, ABA, DOD, Metropolitan, The Honourable, The National Law Journal, Government, NetApp, CDM Smith, Wells Fargo, University, DOJ, MVP, Organization, CDM, Executive, Patient, Employment, Lawyer, Tenet, Fraud, MRAP, Superior court, Pharmaceutical industry

McKnight is Co-Chair of Sanford Heisler Sharp’s Whistleblower & Qui Tam Practice, Co-Managing Partner of the firm’s Washington, DC, office and the firm’s Co-Ombudsperson.

Key Points: 
  • McKnight is Co-Chair of Sanford Heisler Sharp’s Whistleblower & Qui Tam Practice, Co-Managing Partner of the firm’s Washington, DC, office and the firm’s Co-Ombudsperson.
  • His practice focuses on representing corporate whistleblowers who have exposed government contract procurement fraud, banking misconduct, securities fraud, and other corporate malfeasance.
  • “I am honored to be chosen as Chair of The Anti-Fraud Coalition’s and Taxpayers Against Fraud’s Board,” McKnight said.
  • “Vince has been an active, dedicated advocate for whistleblowers throughout his career,” said David Sanford, Chairman of Sanford Heisler Sharp.

Tenet Calls for Full Redemption of 4.875% Senior Secured First Lien Notes due 2026

Retrieved on: 
Friday, February 16, 2024
Health, Hospitals, Surgery, Health Technology, Practice Management, General Health, BNY Mellon, Senior, Bank, Note, Supplement, Particular, Tenet Healthcare, THC, Security (finance), Hand, Tenet

The Notes will be redeemed on March 5, 2024 (the “Redemption Date”), with cash on hand, at a redemption price equal to 100% of the principal amount of the Notes being redeemed together with accrued and unpaid interest up to, but not including, the Redemption Date.

Key Points: 
  • The Notes will be redeemed on March 5, 2024 (the “Redemption Date”), with cash on hand, at a redemption price equal to 100% of the principal amount of the Notes being redeemed together with accrued and unpaid interest up to, but not including, the Redemption Date.
  • This press release shall not constitute a notice of redemption of the Notes.
  • This release contains “forward-looking statements” – that is, statements that relate to future, not past, events.
  • Particular uncertainties that could cause Tenet’s actual results to be materially different than those expressed in Tenet’s forward-looking statements include, but are not limited to, the factors disclosed under “Forward-Looking Statements” and “Risk Factors” in our Form 10-K and other filings with the Securities and Exchange Commission.

Tenet Energy Receives Invitation from U.S. Department of Energy to Submit Part II Application for Electric Vehicle Title 17 Loan

Retrieved on: 
Thursday, February 15, 2024
Environment, Finance, Automotive, General Automotive, Other Energy, Professional Services, Alternative Energy, Green Technology, Energy, EV, Electric vehicle, Multimedia, Carbon, Part Two, Public expenditure, Primary energy, Tenet, DOE, Partnership, Renewable energy

Tenet Energy Inc. (“Tenet”), a climate financial technology platform to accelerate America’s sustainable energy transition, starting with electric vehicles, announced today that the U.S. Department of Energy (“DOE”) has invited the Company to submit the Part II loan application under the DOE Title 17 program for Tenet’s EV Auto Lending project.

Key Points: 
  • Tenet Energy Inc. (“Tenet”), a climate financial technology platform to accelerate America’s sustainable energy transition, starting with electric vehicles, announced today that the U.S. Department of Energy (“DOE”) has invited the Company to submit the Part II loan application under the DOE Title 17 program for Tenet’s EV Auto Lending project.
  • “This progress lets us be closer to unlocking a path of accessibility and affordability for electric vehicles nationwide.
  • Tenet will continue to work on advancing the DOE Title 17 process during 2024 and will provide further updates as appropriate.
  • The foregoing matters are wholly dependent on the results of DOE review and evaluation of a Part II application, and DOE's determination whether to proceed.

Tenet Advances Portfolio Transformation and Previews Strong 2023 Results

Retrieved on: 
Thursday, February 1, 2024
Hospitals, Health, Surgery, Hospital, THC, Tenet, Novant Health, United Surgical Partners International, Adjustment, Tenet Healthcare, USPI, Medicaid, Depreciation, Sale, University, Health insurance

In addition, Tenet announced that it expects to exceed the high end of its latest FY23 Adjusted EBITDA Outlook range included in its third quarter 2023 earnings release.

Key Points: 
  • In addition, Tenet announced that it expects to exceed the high end of its latest FY23 Adjusted EBITDA Outlook range included in its third quarter 2023 earnings release.
  • Additionally, Tenet has entered into a definitive agreement with UCI Health for the sale of four Tenet hospitals and related operations in Orange County and Los Angeles County.
  • The results were driven, among other things, by strong surgical growth at United Surgical Partners International (USPI).
  • “Our team continues to deliver consistently strong results, driven by Tenet’s data-driven and disciplined operating model,” said Sutaria.

Christopher Nolan’s Mind-Bending “Tenet” Returns to the Big Screen for One Week Only on 70mm IMAX®, IMAX® Digital and 70mm Film Screens Beginning Friday, February 23

Retrieved on: 
Thursday, January 25, 2024
Other Consumer, Film & Motion Pictures, Consumer, General Entertainment, Entertainment, Imperium, Dune (novel), Metreon, Multimedia, Warner Bros., City, AMC, Warner Bros. Pictures, Sale, IMAX, Universal CityWalk, TCL, Tenet, Film industry

The re-release gives audiences the opportunity to see the Oscar-winning visual effects, Oscar-nominated production design and breathtaking stunts on the big screen, the way the film was meant to be seen.

Key Points: 
  • The re-release gives audiences the opportunity to see the Oscar-winning visual effects, Oscar-nominated production design and breathtaking stunts on the big screen, the way the film was meant to be seen.
  • The announcement was made today by Jeff Goldstein, President, Domestic Distribution, Warner Bros. Pictures.
  • “Tenet” will be released in theaters in major cities across the US and Canada (and in select international markets) in 70mm IMAX, IMAX Digital and Standard 70mm.
  • Theaters include AMC Lincoln Square, Universal CityWalk IMAX, TCL Chinese IMAX and AMC Metreon on 70mm IMAX film.

Framingham Union Hospital Nurses will Vote Wednesday, January 10 in NLRB Election to form a Union with the MNA for Better Patient Care

Retrieved on: 
Tuesday, January 9, 2024
Commonwealth, Patient, Morale, Nursing, Health, Multimedia, Tenet Healthcare, Workplace, National Nurses United, NLRB, Hospital, Tenet, Human, Letter, Registered nurse, National Labor Relations Board, Patient safety, Exercise, Legislature, MNA

FRAMINGHAM, Mass., Jan. 9, 2024 /PRNewswire/ -- The registered nurses of Framingham Union Hospital will participate in an election overseen by the National Labor Relations Board (NLRB) on Wednesday, January 10 to join the Massachusetts Nurses Association (MNA) and form a union that will empower them to advocate together for patient safety and professional improvements.

Key Points: 
  • Framingham Union nurses filed a petition with the NLRB in September 2023 for a union election.
  • They have been seeking to exercise their strong, united voice to improve conditions for patients, nurses, and their colleagues.
  • The main themes nurses have identified for why they are joining the MNA include:
    To improve nurses' ability to provide quality safe patient care.
  • Founded in 1903, the Massachusetts Nurses Association is the largest union of registered nurses in the Commonwealth of Massachusetts.

Tenet Partners with Point Predictive to Power the Financing of Electric Vehicles with Automated Income Validation

Retrieved on: 
Thursday, December 7, 2023
Tenant, Ecosystem, Partnership, Data, SAN, Point, AI, Fraud, Appetite, Machine learning, Tenet, Carbon, Algorithm, Renewable energy

IncomePass empowers lenders to double their conversion rates by harnessing the power of AI and machine learning algorithms alongside a rich dataset of validated income.

Key Points: 
  • IncomePass empowers lenders to double their conversion rates by harnessing the power of AI and machine learning algorithms alongside a rich dataset of validated income.
  • This seamless income validation approach simplifies the consumer’s application process, potentially increasing approved applications for lenders by up to 50%.
  • Tenet is at the forefront of climate-financing innovation and is dedicated to transforming the financing landscape for renewable energy products, starting with electric vehicles.
  • Tim Grace, Co-founder and CEO of Point Predictive, adds, "Our mission at Point Predictive is to eliminate the outdated process of collecting paystubs to prove income.