St. Luke's Hospital has closed on its acquisition of Des Peres Hospital from Tenet Healthcare Corporation.Â
Terms of the deal, which also include previously Tenet-owned physician organizations in the area, were not disclosed. The agreement was .
The deal expands St. Lukeâs footprint and is likely to improve its leverage with payers. St. Lukeâs has long dominated health care in the Chesterfield area and was one of the areaâs last remaining independent hospitals. This deal grows St. Lukeâs operations at the same time insurers and hospital systems are bulking up across the country.
Without Des Peres, Dallas-based Tenet Healthcare Corp. no longer operates any hospitals in 51șÚÁÏ, which was once a major market for the for-profit chain.
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Tenet does still operate outpatient surgery centers here through a joint venture with United Surgical Partners.
