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Tenet assumes operation of Hi-Desert Medical Center

Sep 26, 2019

Tenet will now manage the operations of the 59-bed primary care hospital and the 120-bed skilled nursing facility on the hospital campus, as well as associated programs that were previously operated by the hospital. The district will continue to operate two family health clinics in the area. The arrangement is structured as a long-term lease agreement, which was approved by district voters on June 23 by a margin of 90.6 percent to 9.4 percent.

“We are excited to welcome Hi-Desert Medical Center and the other district healthcare facilities to Tenet, and we thank voters for their overwhelming support of our affiliation,” said Britt T. Reynolds, President of Hospital Operations at Tenet. “We are pleased to be able to help ensure the long-term sustainability of Hi-Desert Medical Center and the continued provision of quality healthcare services to residents of the Morongo Basin and surrounding communities.”

“We selected Tenet because we believe it will be the best steward of Hi-Desert Medical Center, and we are pleased that district voters have affirmed our decision,” said Pat Cooper, President, Board of Directors, Hi-Desert Memorial Health Care District. “This affiliation with Tenet will not only help preserve Hi-Desert Medical Center but also maintain healthcare services in the valley for our children and grandchildren. We look forward to a long and productive partnership with Tenet.”

Under this new operating arrangement, Hi-Desert Medical Center will continue to have its own medical staff and governing board. The hospital’s new governing board includes representatives from the district, physicians from the hospital’s medical staff and local community and business leaders.  Tenet will offer employment to all hospital employees in accordance with its customary hiring practices and policies. In addition, Tenet has committed to provide much-needed funding, including $32 million in the first three years of the lease, for new projects, technologies such as enhanced information systems and physician recruitment and service line expansion.

About Tenet Healthcare

Tenet Healthcare Corporation is a diversified healthcare services company with more than 125,000 employees united around a common mission: to help people live happier, healthier lives.  Through its subsidiaries, partnerships and joint ventures, including United Surgical Partners International (USPI), the company operates 81 general acute care hospitals, 18 short-stay surgical hospitals and over 400 outpatient centers in the United States, as well as nine facilities in the United Kingdom. Tenet’s Conifer Health Solutions subsidiary provides technology-enabled performance improvement and health management solutions to hospitals, health systems, integrated delivery networks (IDN), physician groups, self-insured organizations and health plans.  Tenet also operates six health plans.  For more information, please visit www.tenethealth.com.

The terms "THC", "Tenet Healthcare Corporation", "the company", "we", "us" or "our" refer to Tenet Healthcare Corporation or one or more of its subsidiaries or affiliates as applicable.

About Hi-Desert Medical Center

Hi‑Desert Medical Center is composed of 179 licensed beds: the 59‑bed primary care hospital and the Continuing Care Center, a 120‑bed skilled nursing facility on the medical center’s campus. Hi‑Desert Medical Center also provides a wide range of quality inpatient and outpatient diagnostic, treatment and rehabilitation services, and operates the Airway Outpatient Center – a full-service surgery and diagnostic center, behavioral health services, home health and hospice, outpatient rehabilitation, and a variety of community education and outreach services.

Corporate Communications
Donn Walker
469-893-2640
mediarelations@tenethealth.com

This release contains “forward-looking statements” – that is, statements that relate to future, not past, events. In this context, forward-looking statements often address our expected future business and financial performance and financial condition, and often contain words such as “expect,” “assume,” “anticipate,” “intend,” “plan,” “believe,” “seek,” “see,” or “will.” Forward-looking statements by their nature address matters that are, to different degrees, uncertain. Particular uncertainties that could cause our actual results to be materially different than those expressed in our forward-looking statements include, but are not limited to, the factors disclosed under “Forward-Looking Statements” and “Risk Factors” in our Form 10-K for the year ended December 31, 2014, and in our quarterly reports on Form 10-Q, periodic reports on Form 8-K and other filings with the Securities and Exchange Commission. The information contained in this release is as of the date hereof. The company assumes no obligation to update forward-looking statements contained in this release as a result of new information or future events or developments.

Tenet uses its company website to provide important information to investors about the company including the posting of important announcements regarding financial performance and corporate developments.

Investor Relations
Brendan Strong
469-893-6992
investorrelations@tenethealth.com

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