Baylor Scott & White Medical Center-Centennial, Frisco, TX

March 5, 2018 Comments Off on Tenet Healthcare Unloads Minority Interests, Gets $550M Views: 2374 Texas News, Top Texas

Tenet Healthcare Unloads Minority Interests, Gets $550M

Tenet Healthcare Corp. sold four minority interests in Baylor Scott & White Hospitals, disposed of a Chicago hospital, and received $550 million in the process. The activities are part of the Dallas company’s $1 billion divestiture program, in which it is selling hospitals in non-core markets.

Minority interests sold were:

  • Baylor Scott & White Medical Center – White Rock, 9440 Poppy Dr., Dallas, to Pipeline Health, LLC
  • Baylor Scott & White Medical Center – Centennial, 12505 Lebanon Rd., Frisco, TX, to Baylor Scott & White Health
  • Baylor Scott & White Medical Center – Lake Pointe, 6800 Scenic Dr., Rowlett, TX, to Baylor Scott & White Health 231 S. Collins Rd., Sunnyvale, TX
  • Baylor Scott & White Medical Center – Sunnyvale , 231 S. Collins Rd., Sunnyvale, TX to Texas Health Ventures Group

Tenet also sold MacNeal Hospital at 3249 Oak Park Ave., in Berwyn, IL to Loyola Medicine.

Read More At Businesswire


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