Operating Lease Ends At Two Tenet Hospitals in Dallas

Tenet Healthcare Corporation (NYSE: THC) announced that its 25 year operating lease agreement with the MetroCrest Hospital Authority (MHA) to operate the 155-bed RHD Memorial Medical Center and the 207-bed Trinity Medical Center, both located in the Dallas area, expired on Aug. 31. The company had previously disclosed the MHA had announced in August of 2006 that another company was selected to manage these two hospitals following the expiration of Tenet’s lease. Both hospitals were open and accredited with The Joint Commission upon their return to the MHA.