Tenet combines hospital, RCM segments

Dallas-based Tenet Healthcare has combined Conifer Health Solutions, its revenue cycle management subsidiary, and its hospital operations into a single operating segment, according to its financial report released Feb. 8.

Advertisement

“This change was made to reflect recent updates to the organizational and management structure of Conifer and hospital operations,” William McDowell, vice president of investor relations at Tenet, said during the company’s Feb. 8 financial earnings call. “This change has no impact on Tenet’s consolidated revenues, EBITDA, net income, margins or cash flows.”

Conifer will continue to support and grow relationships with existing Tenet clients while also generating new business.

Conifer manages $25 billion in net patient revenue annually, along with providing care management support for 5.9 million people, according to Tenet’s website. 

Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit

Advertisement

Next Up in Financial Management

Advertisement

Comments are closed.