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Mr. Davis came to Conifer in 2020, planning to transition to become the CEO of an independent spinoff company, Dr. Sutaria said, according to a call transcript for Seeking Alpha. “Roger has been ...
For the FY22, the Group expects its Conifer segment to report net operating revenue in the range from $1.32 billion to $1.37 billion, and adjusted EBITDA, from $360 million to $370 million.
Dallas-based Tenet Healthcare’s revenue cycle management arm Conifer Health Solutions “has been an incredibly valuable asset” to the for-profit system, CEO Saum Sutaria, MD, said. Advertisement ...
The resolution of Conifer's fate closes the book on plans Tenet first put in motion more than four years ago to either sell the unit or spin it off into a standalone business. With cost-cutting in ...
DALLAS-- (BUSINESS WIRE)--Tenet Healthcare Corporation (NYSE: THC) is scheduled to present at the UBS Global Healthcare Conference on Tuesday, November 12, 2024, beginning at 12:30 p.m. Eastern time.
DALLAS-- (BUSINESS WIRE)--Tenet Healthcare Corporation (NYSE: THC) is scheduled to present at the Barclays Global Healthcare Conference on Tuesday, March 12, 2024, beginning at 9:30 a.m. Eastern time.
3. Dallas-based Tenet has been seeking a buyer for Conifer for more than a year. Tenet also owns Detroit Medical Center. More articles on turnarounds: Pennsylvania’s $12.5M tax on ASCs could cause ...
Tenet's plan to spin off its Conifer sub was announced in July 2019, and was expected at that time to have the spinoff completed in the second quarter of 2021.
Revenues from Tenet’s Conifer business, which offers revenue cycle management and other services, was relatively stable at $326 million for the quarter, compared with $324 million in the fourth ...
During 2018, Conifer generated $1.533 billion of revenue and $357 million of Adjusted EBITDA, representing a 26% increase in Adjusted EBITDA over 2017.
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