DALLAS--(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.
“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
