MED3OOO said that the new joint venture will initially focus on providing services to physician practices in the 12 states where Tenet operates, including the majority of employed physicians at Tenet hospitals. MED3OOO Practice Resources will provide health information technology and management services.

Stephen Newman, COO of Tenet, said: "The services of MED3OOO Practice Resources will allow physicians to manage their business operations more efficiently, thereby improving their ability to focus on providing high-quality patient care."

Patrick Hampson, chairman and CEO of MED3OOO, said: "MED3OOO remains focused on physician success to improve financial and clinical outcomes. In our new joint venture, MED3OOO Practice Resources will provide our 'M/36O' full-spectrum approach to integrated processes, applications, workflows, data and decision support that can help physicians and employers better manage the health of their populations. With the implementation of operational improvements, we can improve financial results, while increasing physician and patient satisfaction."

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