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.