Tenet Healthcare has sold nine hospitals since August and will sell four more, but the company has made no suggestion it will offload Saint Vincent Hospital or MetroWest Medical Center.
At the time of Athol Hospital's merger with Heywood Healthcare, Athol had four days of cash on hand and one inpatient bed filled. Since then, it has swung to profitability.
The three Central Massachusetts hospitals owned by Tenet Healthcare will begin accepting Humana insurance June 1, seven months after the hospitals went out of the network.
Any business offering a similar at a lower price will almost always succeed in the marketplace. Sure, mitigating factors like taxes, regulation and global competition can throw a company off-track; but for services inherently local – like health care – quality and efficiency are central to a winning formula.