M&A
confidence high
sentiment neutral
materiality 0.75
Tenet Healthcare completes sale of six California hospitals to UCI Health and Adventist Health
TENET HEALTHCARE CORP
- Four Orange County and LA County hospitals sold to UCI Health: Fountain Valley Regional, Lakewood Regional Medical Center, Los Alamitos Medical Center, Placentia-Linda Hospital.
- Two San Luis Obispo hospitals sold to Adventist Health: Sierra Vista Regional Medical Center and Twin Cities Community Hospital.
- Sale terms consistent with previously disclosed amounts; no new financial details provided.
- Transaction closed on April 1, 2024; all related operations included.