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Tenet And Uspi Complete Transaction To Acquire Scd

PUBLIC · THCDec 23, 2021

Acquiring Company

Tenet Healthcare

Acquired Company

SCD

DallasItalyBiotechnologyHealth CareMedicalTherapeutics

Description

Tenet Healthcare Corporation (NYSE: THC) and its subsidiary United Surgical Partners International (USPI) today completed their previously announced transaction to acquire SurgCenter Development (SCD). In connection with the closing of the transaction, Tenet/USPI acquired SCD’s ownership interests in 86 ambulatory surgery centers (ASCs) and other related ambulatory support services for approximately $1.1 billion.

Quick answer

Tenet Healthcare and USPI are acquiring SCD, announced December 23, 2021. Tenet Healthcare is based in Dallas, Texas, United States.

How much did Tenet Healthcare pay for SCD?
The deal value was not disclosed.
What does Tenet Healthcare do?
Tenet Healthcare Corporation (NYSE: THC) is a diversified healthcare services company headquartered in Dallas.
Where are Tenet Healthcare and SCD based?
Tenet Healthcare is based in Dallas, Texas, United States.
Who are the decision-makers at Tenet Healthcare?
Fundz holds 1 contact at Tenet Healthcare. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Tenet Healthcare

Location

Dallas, Texas, United States

About

Tenet Healthcare Corporation (NYSE: THC) is a diversified healthcare services company headquartered in Dallas. Through an expansive care network that includes United Surgical Partners International, we operate 60 hospitals and operate or have an ownership interest in approximately 550 other healthcare facilities, including surgical hospitals, ambulatory surgery centers, imaging centers and other care sites and clinics. We also operate Conifer Health Solutions, which provides revenue cycle management and value-based care services to hospitals, health systems, physician practices, employers and other clients. Across the Tenet enterprise, we are united by our mission to deliver quality, compassionate care in the communities we serve. For more information, please visit www.tenethealth.com.

Company

USPI

Location

Italy

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Frequently asked

Who acquired SCD?

SCD was acquired by Tenet Healthcare, based in Dallas. The deal was reported on December 23, 2021. Tenet Healthcare Corporation (NYSE: THC) is a diversified healthcare services company headquartered in Dallas. Tenet Healthcare is publicly traded (THC) and operates in Biotechnology.

When did Tenet Healthcare acquire SCD?

Tenet Healthcare's acquisition of SCD was reported on December 23, 2021. Tenet Healthcare Corporation (NYSE: THC) and its subsidiary United Surgical Partners International (USPI) today completed their previously announced transaction to acquire SurgCenter Development (SCD). Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does SCD do?

SCD is the company acquired in this transaction. It is privately held.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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