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Novant Health to buy three Tenet hospitals in South Carolina for $2.4B

Tenet Healthcare has agreed to sell three of its South Carolina hospitals to Novant Health for $2.4 billion, with proceedings primarily going towards paying debt. Tenet’s financial services subsidiary Conifer Health Solutions will provide revenue cycle management for the hospitals under a 15-year contract. The deal is expected to close in Q1 2024.

Source: www.healthcaredive.com –

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