Tenet and Centene Sign Multi-Year National Agreement
December 05 2016 - 5:25PM
Business Wire
Tenet Healthcare Corporation (NYSE: THC) and Centene Corporation
(NYSE: CNC) have signed a new, three-year agreement providing
Centene and Health Net members with in-network access to Tenet’s
hospitals, outpatient centers and employed physicians in 18 states.
The new agreement integrates all of Centene’s and Health Net’s
insurance products into a single contract, following Centene’s
acquisition of Health Net earlier this year.
“We are pleased to continue our long-standing relationship with
Centene and Health Net, and to offer sustained network coverage to
members who rely on our providers for high-quality healthcare
services,” said Clint Hailey, chief managed care officer for
Tenet.
The agreement is effective January 1, 2017, and includes Health
Insurance Marketplace/Exchange, TRICARE, Medicare Advantage,
Medicaid, Medicare-Medicaid Dual Eligible and the Department of
Veterans Affairs Patient-Centered Community Care Program (PC3)
products.
“Our members rely on us to offer networks with high-value,
high-quality providers and we are pleased that our new agreement
with Tenet allows us to achieve this,” said Chris Bowers, executive
vice president of markets for Centene.
About Tenet Healthcare
Tenet Healthcare Corporation is a diversified healthcare
services company with 130,000 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, the company operates 79 general
acute care hospitals, 20 short-stay surgical hospitals and
approximately 470 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, physician groups,
self-insured organizations and 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 Centene Corporation
Centene Corporation, a Fortune 500 company, is a diversified,
multi-national healthcare enterprise that provides a portfolio of
services to government sponsored healthcare programs, focusing on
under-insured and uninsured individuals. Many receive benefits
provided under Medicaid, including the State Children's Health
Insurance Program (CHIP), as well as Aged, Blind or Disabled (ABD),
Foster Care and Long Term Care (LTC), in addition to other
state-sponsored programs, Medicare (including the Medicare
prescription drug benefit commonly known as "Part D"), as well as
programs with the U.S. Department of Defense and U.S. Department of
Veterans Affairs. Centene operates local health plans and offers a
range of health insurance solutions. It also contracts with other
healthcare and commercial organizations to provide specialty
services including behavioral health management, care management
software, correctional healthcare services, dental benefits
management, in-home health services, life and health management,
managed vision, pharmacy benefits management, specialty pharmacy
and telehealth services.
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.
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version on businesswire.com: http://www.businesswire.com/news/home/20161205006343/en/
Tenet Healthcare CorporationCorporate
CommunicationsCharles Nicolas,
469-893-2640mediarelations@tenethealth.comorInvestor
RelationsBrendan Strong,
469-893-6992investorrelations@tenethealth.com
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