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Tenet Healthcare Corporation

Tenet and WellPoint Extend Agreements in Key Areas

Published in Physician Law Weekly, August 13th, 2008

Tenet Healthcare Corporation (NYSE: THC) announced that it has reached terms on contractual agreements with WellPoint, Inc.'s affiliated health plans in several key markets, including California, Missouri and Georgia, as well as its affiliated UniCare health plan in Texas. Financial terms of the agreements were not disclosed.

Through these agreements, Tenet-affiliated hospitals will remain in and several facilities will be added to WellPoint's affiliated health plans' provider networks. The agreements also expand the pay-for-performance provisions that provide Tenet hospitals with enhanced financial incentives for meeting certain quality indicators during the terms of...

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