Tenet Healthcare Corporation today announced that a company subsidiary plans to close Irvine Regional Hospital and Medical Center, including its emergency room, on Jan. 15, 2009. As required by state law, the Tenet subsidiary is providing 90 days notice to local and state authorities.
The building is owned by HCP, a real estate investment trust located in Long Beach, Calif. Tenet had previously announced its intention to allow its lease at Irvine Regional to expire in Feb. 2009.
Tenet has been advised by HCP that its new lessee will not accept an operating hospital when its lease commences with HCP. Because of this, HCP has requested Tenet to return the Irvine property as a closed hospital. In order to ensure that Tenet meets this obligation, the facility will be closed on Jan. 15, 2009.
Prior to the closure, Tenet will work to facilitate transfers for its current Irvine Regional employees to available positions at other Tenet hospitals in accordance with its existing labor agreements and Tenet policy.
Tenet Healthcare Corporation, through its subsidiaries, owns and operates acute care hospitals and related ancillary health care businesses, which include ambulatory surgery centers and diagnostic imaging centers. Tenet is committed to providing high quality care to patients in the communities we serve. Tenet can be found on the World Wide Web at www.tenethealth.com.
Some of the statements in this release may constitute forward-looking statements. Such statements are based on our current expectations and could be affected by numerous factors and are subject to various risks and uncertainties discussed in our filings with the Securities and Exchange Commission, including our annual report on Form 10-K for the year ended Dec. 31, 2007, our quarterly reports on Form 10-Q and periodic reports on Form 8-K. Do not rely on any forward-looking statement, as we cannot predict or control many of the factors that ultimately may affect our ability to achieve the results estimated. We make no promise to update any forward-looking statement, whether as a result of changes in underlying factors, new information, future events or otherwise.
Contact:
Tenet Healthcare Corporation
Media:
David Matthews, 469-893-2640
David.Matthews@tenethealth.com
or
Investors:
Thomas Rice, 469-893-2522
Thomas.Rice@tenethealth.com
Source: Tenet Healthcare Corporation
The building is owned by HCP, a real estate investment trust located in Long Beach, Calif. Tenet had previously announced its intention to allow its lease at Irvine Regional to expire in Feb. 2009.
Tenet has been advised by HCP that its new lessee will not accept an operating hospital when its lease commences with HCP. Because of this, HCP has requested Tenet to return the Irvine property as a closed hospital. In order to ensure that Tenet meets this obligation, the facility will be closed on Jan. 15, 2009.
Prior to the closure, Tenet will work to facilitate transfers for its current Irvine Regional employees to available positions at other Tenet hospitals in accordance with its existing labor agreements and Tenet policy.
Tenet Healthcare Corporation, through its subsidiaries, owns and operates acute care hospitals and related ancillary health care businesses, which include ambulatory surgery centers and diagnostic imaging centers. Tenet is committed to providing high quality care to patients in the communities we serve. Tenet can be found on the World Wide Web at www.tenethealth.com.
Some of the statements in this release may constitute forward-looking statements. Such statements are based on our current expectations and could be affected by numerous factors and are subject to various risks and uncertainties discussed in our filings with the Securities and Exchange Commission, including our annual report on Form 10-K for the year ended Dec. 31, 2007, our quarterly reports on Form 10-Q and periodic reports on Form 8-K. Do not rely on any forward-looking statement, as we cannot predict or control many of the factors that ultimately may affect our ability to achieve the results estimated. We make no promise to update any forward-looking statement, whether as a result of changes in underlying factors, new information, future events or otherwise.
Contact:
Tenet Healthcare Corporation
Media:
David Matthews, 469-893-2640
David.Matthews@tenethealth.com
or
Investors:
Thomas Rice, 469-893-2522
Thomas.Rice@tenethealth.com
Source: Tenet Healthcare Corporation
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