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“January 24, 2000 Intelligence: Late Breaking Lab News”

Financial progress at Tenet Health Corp. provides a glimpse at how the hospital industry is faring. Tenet announced a 7.2% increase in revenues for fiscal second quarter, fueled primarily by an increase in patient admissions at its 113 hospitals. Tenet also reported an average increase of 3% to 6% in payments from managed care companies. …

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