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Tenet Healthcare Corporation : Conifer Health Solutions and Tenet Healthcare Leaders to Share Leading Approaches in Revenue Cycle Management at 2012 ACHE Congress

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03/20/2012 | 03:05pm CEST

Conifer Health Solutions, a leader in business process management solutions for healthcare providers, announced that Revenue Cycle Solutions President Stephen Mooney will co-present with two Tenet Healthcare executives during a revenue cycle educational seminar at the 2012 American College of Healthcare Executives (ACHE) Congress on Healthcare Leadership in Chicago, IL. Mooney, with Lake Pointe Health Network CEO Eric Evans and former operations executive at Tenet Healthcare, Robert Smith, will present a case study on "Operational Efficiency: Short and Long-Term Implications for Patient Care" on Wednesday, March 21, at 8:45 a.m. CDT.

The seminar will examine how hospitals and healthcare networks can balance financial stability with providing quality patient care in all hospital environments. Attendees will learn about leading approaches to successfully transforming a hospital's revenue cycle and achieving improved margins to fund their hospital's mission.

The 2012 ACHE Congress conference is being held at The Hyatt Regency Chicago from March 19-22, 2012. ACHE's annual Congress on Healthcare Leadership is the largest gathering of healthcare leaders in the world. This conference offers cutting-edge education with more than 140 seminars, general sessions and physician alignment, financial strategies and patient-centered care.

About Conifer Health Solutions

Conifer Health Solutions provides Revenue Cycle Management and Patient Communications services to 200 hospitals and health systems nationwide. Conifer offers a comprehensive Revenue Cycle Management solution that includes operational support for patient access, health information management (HIM), clinical revenue cycle functions, and patient financial services. In addition, Conifer offers a HFMA Peer-Reviewed Business Office Management solution for single-source accountability of financial performance. Conifer's Patient Communications solutions include service line campaign and event marketing support, outpatient scheduling, clinical admission reviews, patient satisfaction surveys, post-discharge calls, and physician referral support.

Born from healthcare, Conifer Health Solutions is headquartered in Dallas, Texas, and employs more than 3,900 people. For more information, call 1-877-CONIFER or visit www.coniferhealth.com.

Conifer Health Solutions, Inc. is a wholly owned subsidiary of Tenet Healthcare Corporation (NYSE:THC). 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, certain of which are discussed in Tenet's filings with the Securities and Exchange Commission, including its annual report on Form 10-K for the year ended Dec. 31, 2010, 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.

Conifer Health Solutions
John Hoffmann, 214-676-5024
Sophia Stoller, 972-335-6134

© Business Wire 2012
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Financials ($)
Sales 2016 19 644 M
EBIT 2016 1 577 M
Net income 2016 45,1 M
Debt 2016 14 601 M
Yield 2016 -
P/E ratio 2016 -
P/E ratio 2017 9,75
EV / Sales 2016 0,86x
EV / Sales 2017 0,79x
Capitalization 2 341 M
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Mean consensus OUTPERFORM
Number of Analysts 18
Average target price 35,4 $
Spread / Average Target 50%
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Trevor Fetter Chairman, President & Chief Executive Officer
Tim P. Adams Senior Vice President-Operations & Integration
Daniel J. Cancelmi Chief Financial Officer
Paul T. Browne Chief Information Officer & Senior VP-Informatics
Mark R. Montoney Chief Medical Officer
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