[Tenet Healthcare Corporation reported a $67 million investment in Sierra Providence East Medical Center in El Paso, Texas]
Online PR News – 13-September-2012 – Las Vegas, NV – ACE Limited (NYSE:ACE) ACE reported today that it has reached a definitive agreement to acquire Fianzas Monterrey in Mexico from New York Life Insurance Company for approximately $285 million in cash. The ACE Group is one of the worlds largest multiline property and casualty insurers. With operations in 53 countries, ACE provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse group of clients. ACE Limited, the parent company of the ACE Group, is listed on the New York Stock Exchange (NYSE: ACE) and is a component of the S&P 500 index. Additional information can be found at: www.acegroup.com.
Tenet Healthcare Corporation (NYSE:THC) THC reported today a $67 million investment in Sierra Providence East Medical Center in El Paso, Texas, that will further the hospitals mission to provide high-quality care to the eastside community. The project includes the construction of a four-story tower and the expansion of the hospitals existing patient tower and emergency department, totaling more than 145,000 square feet. THC, a leading health care services company, through its subsidiaries operates 49 hospitals, over 100 free-standing outpatient centers and Conifer Health Solutions, a leader in business process solutions for health care providers serving nearly 400 hospital and health care entities nationwide. THC hospitals and related health care facilities are committed to providing high quality care to patients in the communities they serve. For more information, please visit www.tenethealth.com.
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