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Tenet Healthcare to explore sale of its tech and financial services unit Conifer


Trevor Fetter, CEO of Tenet Healthcare

Brendan McDermid | Reuters

Trevor Fetter, CEO of Tenet Healthcare

Tenet Healthcare said on Tuesday it would explore a sale of its Conifer unit, and increase the size of its plan to cut costs by $100 million by the end of next year.

The hospital operator said it now expects total cost cuts of $250 million by the end of 2018.

The company’s Conifer unit provides technology and financial services to hospitals and health-care companies.

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