Tenet Healthcare Corporation 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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