censed, freestanding outpatient centers – typically at locations complementary to its hospitals – consisting of 8 diagnostic imaging centers, 5 emergency departments, 3 ambulatory surgery centers and 55 urgent care centers, the majority of which are operated under its national MedPost brand. The company’s subsidiaries wholly own and operate most of the freestanding outpatient centers in its Hospital Operations and other segment. Health Plans and Accountable Care Networks: During the year ended December 31, 2015, the company operated 6 health plans with approximately 139,000 members, including VHS Phoenix Health Plan, Inc., a Medicaid-managed health plan operating as Phoenix Health Plan (PHP) in Arizona; Phoenix Health Plans, Inc., a Medicare, Medicaid dual-eligible and public health insurance exchange managed health plan operating in Arizona; Golden State Medicare Health Plan, a health maintenance organization (HMO) that specializes in the care of seniors in Southern California who are eligible for benefits under the Medicare Advantage program; Chicago Health System, Inc. (CHS), a contracting entity formed to establish a preferred provider network for inpatient and outpatient services provided by MacNeal Hospital, Louis A. Weiss Memorial Hospital and participating physicians in the Chicago area; Harbor Health Plan, Inc., a Medicaid-managed, Medicare Advantage and public health insurance exchange health plan operating in Michigan; and Allegian Insurance Company, doing business as Allegian Health Plan, which offers HMO, preferred provider organization ), and self-funded products to its members in the form of large group, small group and individual product offerings in south Texas, as well as a Medicare Advantage and public health insurance exchange health plan. The company also owns, controls or operates 14 accountable care networks – in Alabama, California, Florida, Georgia, Illinois, Michigan, Missouri, Pennsylvania and Texas – and participates in 3 additional accountable care networks with other healthcare providers in its markets in Arizona, California and Massachusetts. Ambulatory Care This segment consists of the operations of its USPI joint venture and its European Surgical Partners Ltd.’s (Aspen Healthcare or Aspen) facilities. The company’s interests in the 49 ambulatory surgery centers and 20 imaging centers it contributed to the USPI joint venture. USPI’s Business: The company’s USPI joint venture acquires and develops its facilities primarily through the formation of strategic relationships with physicians and health system partners. Subsidiaries of the USPI joint venture hold ownership interests in the facilities directly or indirectly and operate the facilities on a day-to-day basis through management services contracts. The facilities in the company’s USPI joint venture primarily specialize in non-emergency surgical cases and are licensed as ambulatory surgery centers, specialty hospitals or hospitals. As of December 31, 2015, the company’s USPI joint venture operated 249 ambulatory surgery centers, 20 short-stay surgical hospitals, 20 imaging centers and 35 urgent care centers (acquired from CareSpot Express Healthcare on that date) in 28 states. Of these 324 facilities, 181 are jointly owned with health system partners. Aspen’s Business: The United Kingdom provides government-funded healthcare to all of its residents through the National Health Service; however, due to funding and capacity limitations, the demand for healthcare services exceeds the public system’s capacity. In response to these shortfalls, private healthcare networks and private insurance companies have developed in the U.K. Aspen Healthcare’s nine facilities offer patients a range of private healthcare and clinical services. Cancer Centre London in South West London provides advanced outpatient cancer treatment, including radiotherapy and chemotherapy, as well as a number of related support services; inpatient cancer treatment is provided at the company’s nearby Parkside Hospital. The Chelmsford, a private day surgery hospital located northeast of London in Essex, specializes in outpatient and minimally invasive
tenet healthcare corp (THC:New York)
1445 Ross Avenue
Dallas, TX 75202
The information and data displayed in this profile are created and managed by Capital IQ, a Standard & Poor's company. Bloomberg.com does not create or control the content.
|No competitor information is available for THC.|
|View Industry Companies|
Sponsored Financial Commentaries
To contact TENET HEALTHCARE CORP, please visit www.tenethealth.com. Company data is provided by Capital IQ. Please use this form to report any data issues.