The investment firm sold 3.08 million shares April 21 and April 22. The shares were sold at prices that ranged from $51.10 to $57.28. Glenview Capital now has 10.65 million shares of Tenet.
Tenet’s shares closed April 22 at $56.18 per share, up from $54.53 April 21, according to the Dallas-based company.
More articles on healthcare finance:
Hospital chain reports late payroll, cash deficiencies
Tenet reports $97M profit in Q1
Hospital adjusted expenses per inpatient day across 50 states
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.