Business
Tenet moves headquarters to Dallas
NEWS IN BRIEF — Posted May 24, 2004
Tenet Healthcare has announced plans to move its corporate headquarters from Santa Barbara, Calif., to Dallas as part of the troubled hospital chain's efforts to become more efficient.
Tenet said on May 6 that it would begin the transition this year and close the Santa Barbara office by June 2005. Some of the 115 employees in California will move to the Dallas office, which has more than 700 workers.
The move follows a restructuring effort in which Tenet is shedding dozens of hospitals to focus on 69 core facilities. In January, Tenet said it was divesting 27 hospitals, 19 of which are in California.
Note: This item originally appeared at http://www.ama-assn.org/amednews/2004/05/24/bibf0524.htm.
Copyright © 2004 American Medical Association. All rights reserved.
