Tenet and UnitedHealthcare Renew National Relationship
03 December 2016 - 8:45AM
Business Wire
Tenet Healthcare Corporation (NYSE: THC) and UnitedHealthcare
(NYSE: UNH) have renewed their national relationship for four
years, ensuring all UnitedHealthcare commercial and Medicare
Advantage plan participants have continued in-network access to
Tenet’s hospitals, outpatient centers and employed physicians
across the country.
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“We are pleased to complete this agreement ahead of schedule,
allowing for continued, uninterrupted access for patients with
UnitedHealthcare’s commercial and Medicare Advantage plans,” said
Clint Hailey, chief managed care officer for Tenet.
“UnitedHealthcare is one of the nation’s leading providers of
health benefit plans, and we look forward to working together to
improve the health and wellness of the communities we serve.”
The new agreement will go into effect on August 1, 2017, and
includes a value-based care component, which rewards Tenet
providers for achieving certain measures related to quality and
efficiency.
“Our mutual commitment to this long-term relationship
illustrates our shared focus on supporting people’s healthcare
needs,” said Dan Rosenthal, president of UnitedHealthcare Networks.
“Tenet’s national presence ensures UnitedHealthcare plan
participants have convenient, local access to quality,
cost-effective care, and we appreciate their support for placing
greater emphasis on value-based programs.”
About Tenet Healthcare
Tenet Healthcare Corporation is a diversified healthcare
services company with 130,000 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 79 general
acute care hospitals, 20 short-stay surgical hospitals and
approximately 470 outpatient centers in the United States, as well
as nine facilities in the United Kingdom. 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.
About UnitedHealthcare
UnitedHealthcare is dedicated to helping people nationwide live
healthier lives by simplifying the health care experience, meeting
consumer health and wellness needs, and sustaining trusted
relationships with care providers. The company offers the full
spectrum of health benefit programs for individuals, employers,
military service members, retirees and their families, and Medicare
and Medicaid beneficiaries, and contracts directly with more than 1
million physicians and care professionals, and 6,000 hospitals and
other care facilities nationwide. UnitedHealthcare is one of the
businesses of UnitedHealth Group (NYSE: UNH), a diversified Fortune
50 health and well-being company. For more information, visit
UnitedHealthcare at www.uhc.com or follow @myUHC on Twitter.
Tenet uses its company website to provide
important information to investors about the Company including the
posting of important announcements regarding financial performance
and corporate developments
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version on businesswire.com: http://www.businesswire.com/news/home/20161202005769/en/
Tenet Healthcare CorporationCorporate
CommunicationsCharles Nicolas,
469-893-2640mediarelations@tenethealth.comorInvestor
RelationsBrendan Strong,
469-893-6992investorrelations@tenethealth.com
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