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Patient preferences tug hospital spending toward outpatient facilities

from Modern Healthcare

Finishing work on big projects in Detroit, El Paso and San Antonio, Texas, Tenet Healthcare Corp. is about to throttle back capital spending for hospitals to the tune of $150 million. Tenet's 2017 capital budget is expected to range between $700 million and $750 million. That doesn't mean the nation's third-largest investor-owned hospital company is done spending on health care facilities though. In fact, it's just the opposite on the ambulatory side. more

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