Tenet, USC reach tentative agreement
A lawsuit was filed by USC in August 2006 seeking to terminate the relationship between USC and Tenet. In November 2007, Tenet filed a counterclaim against the university seeking monetary damages. The parties seek to resolve the lawsuit by reaching agreement on sale terms for these two hospitals.
“USC is committed to working on an expedited basis to reach agreement with Tenet,” said President Steven B. Sample. “The long-term vision of the university includes operating state-of-the-art health care facilities and enabling USC faculty physicians in the Keck School of Medicine to provide medical care of the highest quality, conduct research and train more than 1,000 residents and medical students at these hospitals and the Los Angeles County and USC Medical Center.
“This acquisition would enable us to reach our vision of a fully integrated health care organization on USC’s campus.”
Trevor Fetter, president and chief executive officer of Tenet, said, “We would have preferred to continue our long-standing partnership with the university; however, we explored every avenue to resolve this dispute and have now decided to reach a settlement and move forward. We’re pleased to have reached this tentative agreement.”
A Tenet subsidiary operates USC University Hospital, a 411-bed acute care hospital and the USC Norris Cancer Hospital, a 60-bed cancer hospital. Both hospitals are managed under an agreement with USC and are located near downtown Los Angeles.
Tenet Healthcare Corp., through its subsidiaries, owns and operates acute care hospitals and related ancillary health care businesses, which include ambulatory surgery centers and diagnostic imaging centers.
The Keck School of Medicine of USC is home to the Doctors of USC – internationally recognized physicians practicing in a multitude of clinical specialties.
The doctors practice in private clinics on USC’s Health Sciences campus and in several affiliated hospitals, including the USC University Hospital, USC Norris Cancer Hospital, the Doheny Eye Institute, Childrens Hospital Los Angeles and the Los Angeles County+USC Medical Center.
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USC in the News
for 2/8/2012 »-
The Chronicle of Higher Education mentioned USC’s $6 billion fundraising campaign. The story noted that USC had already raised $1 billion in a “quiet phase,” including the $200 million naming gift from USC Trustee and alumnus David Dornsife and wife Dana Dornsife to the USC Dornsife College.
The Guardian (U.K.) highlighted two major gifts to USC in a list of the 10 biggest philanthropic benefactors in America. The list included the $200 million naming gift from USC Trustee and alumnus David Dornsife and wife Dana Dornsife to the USC Dornsife College, and the $110 million gift from USC Trustee and USC Viterbi School alumnus John Mork and wife Julie to create the USC Mork Family Scholars Program.
The New York Times featured the USC U.S.-China Institute documentary “Assignment: China — The Week that Changed the World.” The documentary, part of a series, examines media coverage of the 1972 Nixon trip that reshaped U.S.-China relations after a quarter century of isolation and hostility. “People look back now and take it for granted that the outcome was preordained,” said the institute’s Mike Chinoy, who produced the documentary. Voice of America also featured the story.
Los Angeles Times featured the Oscar Senti-meter, a tool developed by the USC Annenberg School, Los Angeles Times and IBM that analyzes thousands of tweets about the Academy Awards nominees. The story noted that Mexican actor Demian Bechir received an enormous boost on Twitter the day of the nominations, with a total of 6,893 tweets mentioning him, a 47-fold increase from the day before. The story noted the tool uses language-recognition technology developed in collaboration with USC Viterbi School’s Signal Analysis and Interpretation Lab.
The Times of India (India) featured a three-day medical emergency training workshop organized in association with USC. At the workshop, held at GCS Medical College in India, 50 doctors and more than 100 paramedics learned how to improve emergency support systems. William Mallon of the Keck School of USC said that discussion topics included the use of portable ultrasonic devices to scan patients. “The ultrasound applications help physicians make accurate and timely decisions,” he noted. Daily News & Analysis (India) also featured the workshop.
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