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Stock impact report

Tenet Fully Reclaims Conifer As Technology And Earnings Stakes Rise [Yahoo! Finance]

Tenet Healthcare Corporation (THC) 
Last tenet healthcare corporation earnings: 2/24 04:21 pm Check Earnings Report
US:NYSE Investor Relations: investor.tenethealth.com
Company Research Source: Yahoo! Finance
Tenet Healthcare (NYSE:THC) has completed a major transaction to regain full ownership of Conifer Health Solutions from CommonSpirit Health. Conifer is set to receive new investment aimed at upgrading technology and expanding services for healthcare provider clients. The move reshapes Tenet's business structure by fully integrating a key revenue cycle and data services platform back into the company. Tenet Healthcare, trading at $188.03, is coming off a strong multi year run, with the stock up 30.0% over the past year and more than tripling over the past 5 years. Bringing Conifer fully back under the Tenet umbrella sits alongside that backdrop, giving investors a fresh corporate development to weigh together with recent share performance. For you as an investor, the key question is how heavier investment into Conifer's technology and client reach could influence Tenet's mix of services and earnings profile over time. The transaction also raises issues such as integration risk Show less Read more
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