Tenet Healthcare’s Plan for 2014 Growth

At J.P. Morgan’s healthcare conference Tuesday, Dallas-based Tenet Healthcare CEO Trevor Fetter shared four ways the hospital chain will continue to expand its market share:

1. Scale and market leadership:

– 78 hospitals, and the number one or two position in 20 of 30 markets
– Aggressive outpatient growth strategy
– Drive cost efficiency, earnings diversity, acquisition capacity, and the ability to invest in capabilities needed for changing delivery system

2. Value-based healthcare delivery:

– Early commitment to leadership in quality and sustained quality performance
– Proven excellence in reducing costs
– Critical components that create a high-value care delivery system

3. Innovative capabilities:

– Conifer Value-Based Care involved in managing care for more than four million lives
– Participating in a full range of accountable care and clinically integrated delivery models

4. Affordable Care Act readiness:

– 100 percent of hospitals participating in at least one exchange plan at every level
– 97 percent of hospitals participating in at least one of the two lowest-cost silver plans

Posted in Hospitals, News.