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Stock Market & Financial Investment News

News Breaks
December 27, 2012
11:32 EDTHNT, THCHealth Net terminates agreements with six Tenet Healthcare hospitals
Health Net (HNT) announced that its subsidiaries exercised their contractual option to terminate agreements with all six of Tenet Healthcare’s (THC) Southern California hospitals. The terminations were effective midnight on Dec. 21. Health Net and Tenet Healthcare were nearing the end of a three-year contract. Health Net said it believes Tenet’s reimbursement should be in line with the medical consumer price index, which currently averages more than 3%, and that reimbursement for state- and federally funded programs like Medi-Cal needs to be consistent with the funding for those programs. In recent discussions for a new contract, Health Net and Tenet have been unsuccessful in reaching agreement on reimbursement amounts.
News For HNT;THC From The Last 14 Days
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January 26, 2015
12:39 EDTHNT, THCHHS Secretary orders Medicare to change payment method, WSJ says
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January 16, 2015
10:47 EDTTHCBofA/Merrill healthcare facilities analyst analyst/industry conference call
Healthcare Facilities & Managed Care Analyst Bressler discusses the legislative and regulatory outlook for the industry for 2015 on an Analyst/Industry conference call to be held on January 23 at 2 pm.
January 12, 2015
08:33 EDTTHCTenet sees FY15 adjusted EPS $1.32-$2.40, consensus $2.70
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08:31 EDTTHCTenet sees FY15 adjusted EBITDA $2.05B-$2.15B
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