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Tenet sells 3 hospitals, exits Chicago market

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Dallas-based Tenet Healthcare completed the sale of its three remaining Chicago-area hospitals.

In July, Tenet entered into a definitive agreement to sell its three remaining hospitals in the Chicago area: Weiss Memorial Hospital in Chicago; Westlake Hospital in Melrose Park, Ill.; and West Suburban Medical Center in Oak Park, Ill. On Jan. 29, the company said the transaction had closed.

Tenet sold the three hospitals to Pipeline Health, a privately held hospital ownership and management company based in Los Angeles.

More articles on healthcare industry transactions:

HCA to expand footprint in New Hampshire
OhioHealth to add 12th hospital
Ex-chief of staff's lawsuit delays $361M Kentucky hospital sale

 

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