Meghan FitzGerald, DrPH, RN, a director at Tenet, sold 20,000 shares of the company at $146.34 a piece for a total of nearly $2.93 million, according to an Aug. 8 filing on the health system’s website.
The sale comes as Tenet, which now runs 52-acute care hospitals, recently shared plans to sell 70% of its majority ownership interest in Birmingham, Ala.-based Brookwood Baptist Health to Orlando (Fla.) Health, for $910 million in cash with around $790 million in post-tax proceeds.
The transaction would comprise five hospitals, along with other related operations and affiliated physician practices.
The hospitals are Birmingham-based Brookwood Baptist Medical Center; Birmingham-based Princeton Baptist Medical Center; Jasper, Ala.-based Walker Baptist Medical Center; Alabaster, Ala.-based Shelby Baptist Medical Center; and Talladega, Ala.-based Citizens Baptist Medical Center.
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
