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Tenet Reaches Agreement with Cigna on Multi-Year Contract

DALLAS--(BUSINESS WIRE)--

Tenet Healthcare Corporation (THC) today announced that it has signed a new, multi-year agreement with Cigna Corporation. The agreement provides Cigna members covered under its commercial health plans with uninterrupted in-network access to Tenet providers, including hospitals, outpatient centers and employed physicians. In addition, all Tenet facilities remain in-network providers for Medicare beneficiaries that are insured by a Cigna-HealthSpring Medicare Advantage plan.

Ron Rittenmeyer, Tenet’s Executive Chairman and Chief Executive Officer, said, “We are pleased to have reached a successful resolution with Cigna. We believe this is the right outcome for our patients, employees and communities, and we look forward to continuing to serve Cigna members around the country today and in years to come. We remain committed to providing them with the trusted, compassionate care they deserve.”

About Tenet Healthcare

Tenet Healthcare Corporation is a diversified healthcare services company with 115,000 employees united around a common mission: to help people live happier, healthier lives. Through its subsidiaries, partnerships and joint ventures, including United Surgical Partners International, the Company operates general acute care and specialty hospitals, ambulatory surgery centers, urgent care centers and other outpatient facilities. Tenet’s Conifer Health Solutions subsidiary provides technology-enabled performance improvement and health management solutions to hospitals, health systems, integrated delivery networks, physician groups, self-insured organizations and health plans. For more information, please visit www.tenethealth.com.

The terms “THC”, “Tenet Healthcare Corporation”, “the company”, “we”, “us” or “our” refer to Tenet Healthcare Corporation or one or more of its subsidiaries or affiliates as applicable.

Tenet uses its company website to provide important information to investors about the company including the posting of important announcements regarding financial performance and corporate developments.

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