The hospital chain has a higher foreclosure rate than average which is part of the reason the outlook is dwindling to a degree. The chain has been actively selling off non profitable hospitals as well. Prime Healthcare has been one company who has purchased several from Tenet here in California...
Posted to
The Medical Quack .... by Barbara Duck
on 11-04-2008
Filed under: Medically Related, Insurance, Other Items of Interest, Tenet, Hospitals, Charity, Prime Healthcare, Desperate Hospitals, Bad debt