Tenet and Aetna Sign Multi-Year Agreement
24 June 2019 - 10:00PM
Business Wire
Tenet Healthcare Corporation (NYSE: THC) and Aetna, a CVS Health
company, (NYSE: CVS), today announced that they have entered into a
new multi-year agreement that provides Aetna members with continued
in-network access to all of Tenet’s hospitals, emergency centers,
outpatient centers and employed physicians. The agreement is for a
term of four years with an option to extend for a fifth year.
Ron Rittenmeyer, Executive Chairman and CEO of Tenet, said, “We
value our relationship with Aetna and look forward to continuing to
provide their members with high-quality, cost-effective care and
service. This agreement supports the hard work of our thousands of
caregivers who are passionate about keeping our communities healthy
and ensuring access to the very best care.”
Karen S. Lynch, President, Aetna and Executive Vice President,
CVS Health said, “Renewing our contract with Tenet provides Aetna
members broader access to quality healthcare services around the
country. Tenet has a robust network of trusted facilities and
physicians to meet the many different healthcare needs of the
people we serve.”
About Tenet Healthcare
Tenet Healthcare Corporation (NYSE: THC) is a national
diversified healthcare services company headquartered in Dallas,
TX, with 110,000 employees. Through an expansive care network that
includes United Surgical Partners International, we operate 65
hospitals and approximately 500 other healthcare facilities,
including surgical hospitals, ambulatory surgery centers, urgent
care and imaging centers and other outpatient facilities. We also
operate Conifer Health Solutions, which provides revenue cycle
management and value-based care services to hospitals, health
systems, physician practices, employers and other customers. At the
center of everything we do is a commitment to deliver the right
care, in the right place, at the right time, and to continually
improve and advance the healthcare delivery system in the markets
we serve. 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 Aetna
Aetna, a CVS Health business, serves an estimated 39 million
people with information and resources to help them make better
informed decisions about their health care. Aetna offers a broad
range of traditional, voluntary and consumer-directed health
insurance products and related services, including medical,
pharmacy, dental and behavioral health plans, and medical
management capabilities, Medicaid health care management services,
workers' compensation administrative services and health
information technology products and services. Aetna's customers
include employer groups, individuals, college students, part-time
and hourly workers, health plans, health care providers,
governmental units, government-sponsored plans, labor groups and
expatriates. For more information, visit www.aetna.com and explore
how Aetna is helping to build a healthier world. @AetnaNews
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.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20190624005175/en/
Investor Contact: Brendan Strong 469-893-6992
investorrelations@tenethealth.com
Media Contact: Lesley Bogdanow 469-893-2640
mediarelations@tenethealth.com
Tenet Healthcare (NYSE:THC)
Historical Stock Chart
From Apr 2024 to May 2024
Tenet Healthcare (NYSE:THC)
Historical Stock Chart
From May 2023 to May 2024