
Jan. 15, 2010
Tenet Healthcare donated $50,000 to the American Red Cross and initiatied a campaign inside its hospitals to collect funds for the victims of the Haitian earthquake.
Nov. 10, 2009
Tenet CEO Trevor Fetter appeared on CNBC's Squawk Box to discuss health care reform.
Oct. 7, 2009
Tenet CEO Trevor Fetter appeared on PBS Nightly Business Report to discuss health care reform. Fetter said health care reform legislation is “a step in the right direction to cover more Americans than are covered today.” Read the transcript. View the video.
Sept. 30, 2009
Tenet COO Dr. Stephen Newman discussed the company's preparations for the H1N1 virus during an interview with CNBC's Squawk Box.
Sept. 22, 2009
Tenet CEO Trevor Fetter discussed the September 2008 financial meltdown’s impact on the health care industry in a Modern Healthcare article. Fetter said in late 2008 the availability and access to capital that he once felt were exhausted for a multihospital, investor-owned company “reopened in January or February 2009 when markets decided that health care was a necessity, not a luxury.”
Sept. 1, 2009
The pay-for-performance model for changing the payment system for hospitals and physicians is gaining favor on Capitol Hill. In contrast to the current fee-for-system model, this value-based purchasing model offers financial incentives to those in the heath care industry that meet quality and efficiency standards. "Pay-for-performance is absolutely an essential part of reforming heath care in this country," said Trevor Fetter, president and CEO of Tenet in the Dallas Business Journal article.
Aug. 24, 2009
Tenet president and CEO Trevor Fetter was one of 12 health care leaders to make Modern Healthcare's "100 Most Powerful People in Healthcare "list for eight consecutive years. According to the article, these 12 leaders can be found "in nearly every issue of Modern Healthcare making news trying to improve health care for patients, their organizations and their constituencies."
Aug. 21, 2009
Biggs Porter, Tenet's chief financial officer, discussed Tenet spent $60 million in cash to buy back $68 million in debt from the open market in July in this Wall Street Journal article. Porter said the company ended the second quarter with a "strong cash balance" and undertook the buybacks to reduce total debt and annual interest expenses.
Aug. 19, 2009
Trevor Fetter, president and CEO of Tenet, discussed the recession's effects on health care finances with the Dallas Morning News. "Fortunately, our overall business has held up relatively well during the recession," Fetter said.
Aug. 18, 2009
Tenet CFO Biggs Porter discussed the different financial forecast methods companies use in the midst of economic uncertainty in CFO Magazine . To compensate for uncertain variables, Porter combines different forecasting methods including a five-year "top-down" business plan and a two-year "bottom-up" plan.
Aug. 13, 2009
Trevor Fetter talks with Health Leaders magazine about how he is focusing his team's strategic planning on comparative effectiveness. Fetter is reluctant to proceed with bundling payments until the government has clarified how payments might be administered, but agrees that greater coordination among health care participants is a good idea.
Stephen L. Newman, M.D., Tenet's chief operating officer, discusses the "rationalization of care" model that has been used in Tenet hospitals since 2004 to HealthLeaders magazine. This model uses demographics to customize its services in each individual market giving hospitals a competitive quality advantage.