Healthcare Organizational Readiness & Strategy
Healthcare Organization Network
Company Profile
Vanguard operates 25 acute care and three specialty hospitals in urban and suburban areas of Arizona, Illinois, Massachusetts, Michigan, and Texas. Across the Vanguard hospital system, there are roughly 7,100 licensed beds ("Hoover," 2014). The Vanguard regional health care system provides a continuum of care that spans outpatient centers, medical office buildings, clinics, and hospitals ("Hoover," 2014). Vanguard operates four managed health care plans serving members in Arizona, Illinois, Michigan, and Texas ("Hoover," 2014).
Although Vanguard Health Systems declared it "wants to lead the way to better health care," in 2013, Vanguard was acquired by Tenet Healthcare ("Hoover," 2014). The Tenet Healthcare system extended the range of services to 80 hospitals, more than 190 outpatient centers, 36,000 affiliated physicians, more than 105,000 employee, and six health care plans ("Hoover," 2014). Tenet is a...
The Tenet system includes acute care hospitals, specialty hospitals, skilled nursing facilities, physician practices, outpatient centers, imaging centers, health plans, and other health care units ("Hoover," 2014). The basic plan has developed into regional networks that are located around the main hospitals in the system ("Hoover," 2014). Tenet also holds and operates Conifer Health Solutions, which is a patient billing and communications company ("Hoover," 2014). The acquisition of Vanguard by Tenet created the third-largest investor-owned hospital company in the U.S. On the basis of revenue and number of hospitals owned. Tenet ranked No. 229 in the 2014 Fortune 500 list of the Largest American companies.
The Tenet Health system exhibits a "culture of innovation that creates new solutions for the challenges and opportunities in the healthcare system" ("Tenet," 2014). The Tenet Health system claims include, "We're…
