FinancialHospitals

Tenet selling two Memphis area hospitals to Methodist Le Bonheur

December 13, 2019 / TARA BANNOW 

Tenet Healthcare will sell two of its Memphis area hospitals to Methodist Le Bonheur Healthcare, the providers announced Friday.

The agreement includes Saint Francis Hospital – Memphis and Saint Francis Hospital – Bartlett, their associated physician practices and six MedPost urgent care centers. As part of the agreement, Memphis-based Methodist Le Bonheur has agreed to continue to use Conifer Health Solutions as its revenue-cycle management provider after the deal closes.

Methodist Le Bonheur CEO Michael Ugwueke said in a statement that the purchase will increase access and improve the overall health of the communities it serves.

“We look forward to creating a more dynamic team of physicians, nurses and staff dedicated to delivering compassionate high-quality care to anyone who walks through our doors, regardless of their ability to pay,” Ugwueke said.

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Chris J. Stewart

Chris currently serves as Chief Operating Officer at Ortho Spine Partners. Prior to that, he was the assistant vice president and business unit leader of Medical Device Management for HealthTrust.

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