Dallas-based Tenet enters into new national agreement with UnitedHealthcare

by PegNews wire

DALLAS — Tenet Healthcare Corporation announced today that it has signed a new two-year national agreement with UnitedHealthcare. Financial terms were not disclosed. Under the agreement, UnitedHealthcare members will have access to all acute care hospitals in Tenet’s portfolio.

“This contract is a meaningful part of Tenet’s overall managed care strategy. We are pleased to have reached a new two-year agreement with UnitedHealthcare,” said Stephen L. Newman, M.D., Tenet’s chief operating officer. “We look forward to continuing to provide high quality patient care to even more of UnitedHealthcare’s members.”

“Our relationship with Tenet Healthcare will provide UnitedHealthcare customers with continued access to one of the most comprehensive health care systems in the country,” said Ken Burdick, chief executive officer of UnitedHealthcare. “The new agreement reinforces our commitment to working together to provide consumers with predictable and stable access to affordable, quality health care. This is exciting news for our customers.”

In 2007, Tenet has successfully renegotiated much of its portfolio of commercial managed care for 2008. Recently, Tenet announced a multi-year national agreement with Aetna as well as additional regional contracts including Blue Cross Blue Shield of Texas and Great-West Healthcare in Florida, Tennessee and Pennsylvania.

Tenet Healthcare Corporation, through its subsidiaries, owns and operates acute care hospitals and related health care services.

Source: Tenet Healthcare