Tenet Sells BBH Hospitals

Aug 19, 2024 at 09:13 pm by kbarrettalley


Tenet Healthcare has sold its 70 percent stake in Brookwood Baptist Health to Orlando Health, a private, not-for-profit healthcare organization. The $910 million transaction includes Brookwood Baptist Medical Center, Princeton Baptist, Walker Baptist, Shelby Baptist, and Citizens Baptist. These hospitals have over 1,700 beds, more than 70 primary and specialty care clinics, about 1,500 affiliated physicians and more than 7,300 employees.

As part of the deal, Tenet’s Conifer Health Solutions subsidiary will enter into a new and expanded 10-year contract to provide revenue cycle management services for the hospitals.

Thibaut van Marcke, who currently serves as senior vice president of Orlando Health Southeast Region, and president of Orlando Health’s Dr. P. Phillips Hospital, will lead Orlando Health in Alabama.

The transaction is expected to be completed this fall, subject to regulatory approvals, clearances, and closing conditions. The system will be named Baptist Health following closing.

Sections: Grand Rounds



August 2024

Aug 19, 2024 at 07:31 pm by kbarrettalley

Your August 2024 Issue of Birmingham Medical News is Here!