Becker's Healthcare August 6, 2024
Conifer Health Solutions, Tenet Healthcare’s revenue cycle management arm, has lined up a 10-year contract to provide services to five Alabama hospitals the health system plans to sell to Orlando (Fla.) Health.
The proposed $910 million deal, projected to close in the fall, would see Tenet give up its 70% majority interest in the hospitals. The transaction marks the fifth new or expanded revenue cycle partnership for Conifer in 2024.
Five things to know:
1. This year, Conifer has announced new revenue cycle partnerships with Roseville, Calif.-based Adventist Health, Winston-Salem, N.C.-based Novant Health and Orange, Calif.-based UCI Health. The company also expanded a deal with Lebanon, N.H.-based Dartmouth Health.
2. Tenet combined Conifer and its hospital operations into...