Tenet to Buy Emanuel Medical Center in Turlock, CA
Tenet Healthcare Corporation (NYSE: THC) today announced that it has entered into a definitive agreement to acquire Emanuel Medical Center, a 209-bed hospital located in Turlock, Calif. The acquisition of Emanuel Medical Center represents a significant step in expanding Tenet's integrated healthcare network in California's Central Valley region. Emanuel Medical Center will join Doctors Medical Center of Modesto and Doctors Hospital of Manteca in providing patient-centered care in the region. Terms of the transaction were not disclosed.
As part of the enhanced network, these hospitals will build upon their existing base of high-quality services and improve the efficiency and coordination of healthcare delivery in the communities they serve. The acquisition strongly positions the network to improve patient care by integrating physician organizations, developing additional outpatient facilities in locations convenient for patients, and expanding Tenet's accountable care offerings in the Central Valley to include Emanuel Medical Center.
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