The Tenet Healthcare Corp. has signed a multi-year agreement with Viant Holdings, Inc., a Naperville, Ill.-based company that operates managed care networks.
The agreement includes all Tenet hospitals, outpatient and ambulatory centers and employed physicians and enables Tenet to standardize and simplify the contracts that Tenet facilities have with networks operated by Viant.
The agreement is one of a string of contracts that Tenet has signed with major payers, including UnitedHealthcare, Aetna and Cigna. The company reported that it also has recently signed several contracts with several states' Blues plans and regional payers.
The Viant contracts include its Beech Street and ppoNEXT networks. Viant, formerly Concentra Network Services, provides healthcare payment solutions through primary and supplemental networks, integrated network and contract management, specialized cost containment strategies and post-payment recovery services to payers.
Tenet and Viant did not release financial terms of the agreement, which was announced on Friday.
"This agreement adds a significant number of our hospitals to the Viant networks," said Stephen L. Newman, MD, Tenet's COO. "Our goal is for all of our hospitals, outpatient centers and employed physicians to participate fully in these managed care networks at market-competitive rates."
Tenet said seven of its hospitals are new to the Beech Street network, while 28 Tenet acute-care facilities are new to providing care to ppoNEXT beneficiaries.