Tenet Completes Sale of Golden State Medicare Health Plan
DALLAS--(BUSINESS WIRE)--Dec 4, 2018--Tenet Healthcare Corporation (NYSE:THC) today announced that it has completed the sale of Golden State Medicare Health Plan (“Golden State”) to MacArthur Court Acquisition Corporation, a holding company affiliated with the management of the Connected Care Group, a California-based company that provides value-based care delivery. Since 2010, Golden State has provided health care services through its HMO Medicare Advantage Plan to California residents. Today, Golden State serves approximately 9,800 members across six counties in Northern and Southern California.
About Tenet Healthcare
Tenet Healthcare Corporation is a diversified healthcare services company with 115,000 employees united around a common mission: to help people live happier, healthier lives. Through its subsidiaries, partnerships and joint ventures, including United Surgical Partners International, the Company operates general acute care and specialty hospitals, ambulatory surgery centers, urgent care centers and other outpatient facilities. Tenet’s Conifer Health Solutions subsidiary provides technology-enabled performance improvement and health management solutions to hospitals, health systems, integrated delivery networks, physician groups, self-insured organizations and health plans. For more information, please visit www.tenethealth.com.
The terms “THC”, “Tenet Healthcare Corporation”, “the company”, “we”, “us” or “our” refer to Tenet Healthcare Corporation or one or more of its subsidiaries or affiliates as applicable.
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KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA TEXAS
INDUSTRY KEYWORD: PRACTICE MANAGEMENT HEALTH HOSPITALS PROFESSIONAL SERVICES INSURANCE MANAGED CARE
SOURCE: Tenet Healthcare Corporation
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PUB: 12/04/2018 08:00 AM/DISC: 12/04/2018 08:01 AM