Tenet Sells Culver City Hospital to Doctors
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From Bloomberg News
Tenet Healthcare Corp. sold a 420-bed Culver City hospital for $27 million after taxes, leaving the company four hospitals shy of its goal to sell 27 overall.
A subsidiary, Prospect Medical Holdings Inc., sold the Brotman Medical Center to a group that includes physicians on staff, Dallas-based Tenet said.
The company says it’s negotiating with potential buyers for the remaining hospitals it wants to sell.
Tenet announced the divestiture plan in January 2004.
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