SLU Hospital Parent Buying Vanguard

The St. Louis University Hospital | Photo courtesy of Creative Commons
The St. Louis University Hospital | Photo courtesy of Creative Commons

Tenet Healthcare Corp., which owns Saint Louis University Hospital and Des Peres Hospital in St. Louis, has agreed to buy Nashville-based Vanguard Health Systems Inc. in a deal worth $4.3 billion. Dallas-based Tenet said the the acquisition also will include a “substantial contribution” from Tenet’s Conifer Health Solutions billing and collections unit to Vanguard’s operations. In January, Conifer announced it would move 100 jobs to St. Louis from Kentucky and Tennessee.

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