Tenet Acquired by Adventist Health — Healthcare M&A

Adventist Health has acquired Tenet, a healthcare services other business in California, for $220M. The Tenet acquisition expands Adventist Health’s hospital and care delivery footprint, supporting broader healthcare services other capabilities across the state. Adventist Health acquisitions in healthcare M&A focus on integrating additional facilities and services to strengthen regional access to care. The announced add on acquisition is a strategic acquisition by a strategic buyer, with the transaction valued at over $100M and structured as an add-on acquisition tied to the Tenet acquisition.