Philadelphia, PA — May 22, 2012 — Independence Blue Cross (IBC), Hahnemann University Hospital, and St. Christopher’s Hospital for Children announced that they have reached agreement on new multi-year contracts. The terms of the new agreements with Hahnemann, St. Christopher’s, and Tenet Physicians, Inc., which contracts for physicians employed by various Tenet subsidiaries, run through December 31, 2014. Hahnemann and St. Christopher’s are part of Tenet Healthcare Corporation’s (NYSE: THC) national network of hospitals.

“Today’s health care environment requires a shared commitment to improve health care quality and affordability for the people we serve. We are proud to collaborate with Tenet Healthcare and specifically with Hahnemann, a nationally recognized teaching hospital, and St. Christopher’s, a renowned children’s hospital, through this agreement,” said Daniel J. Hilferty, IBC president and CEO. “It is the caliber of hospitals...