Tenet Forms California Joint Venture

Dallas-based Tenet Healthcare Corp. has formed a joint venture with California-based John Muir Health, which will give the latter a minority stake in Tenet’s San Ramon (Calif.) Regional Medical Center.

The partners plan to develop nearby outpatient facilities and change the governing boards of the hospital and ambulatory care units.

In a statement, Jeff Koury, senior vice president for Tenet’s California region, said the company would continue to pursue joint venture partners in the markets it serves. Tenet operates 49 hospitals and 100 freestanding outpatient centers.

 

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