American Medical Holdings Inc

NME Renames Newly Merged Company, to Cut Jobs: National Medical Enterprises changed its name to Tenet Healthcare Corp. after completing a $3.3-billion acquisition of American Medical Holdings and said it will eliminate 330 jobs at the new company. Tenet officials said the company will cut 240 jobs at its Santa Monica headquarters and eliminate 40 positions at the Dallas offices of the former American Medical. About 60 people who work in Santa Monica will transfer to Dallas.

NME, American Medical Holdings Waiting Period Ends: Santa Monica-based National Medical Enterprises Inc. said the 30-day antitrust waiting period for its previously announced $2-billion acquisition of American Medical Holdings Inc. has expired. The companies expect to complete the transaction in the first quarter of 1995. Dallas-based American Medical Holdings brings 33 general hospitals to the new company, which will own 84 general hospitals in 13 states and four other countries.

National Medical Enterprises will significantly reduce its 700-employee corporate headquarters staff in Southern California and move many of those jobs to Dallas as part of its $3.3-billion acquisition of American Medical Holdings. The moves will cut expenses by $20 million, part of $60 million in projected cost savings in the first year after the merger is completed in March, National Medical officials said.

NME Acquisition Discounted: Rumors swirled through the stock market that National Medical Enterprises Inc. would acquire American Medical Holdings Inc., but analysts and sources familiar with the situation discounted the talk. Both Santa Monica-based NME, which owns and operates acute care and psychiatric hospitals, and AMI, a Dallas-based operator of acute care hospitals, declined to comment.

Faced with excess beds and declining profits, Encino Hospital and Tarzana Regional Medical Center have formed a joint venture, hoping to draw on each other's strengths, reduce duplication and lower costs through consolidation. The teaming up of the two small hospitals, Encino with 181 beds and Tarzana with 210, creates the third-largest hospital center in the San Fernando Valley.

National Medical Enterprises said Tuesday that it will acquire rival hospital chain American Medical Holdings in a $3.3-billion deal that would nearly double its size and strengthen its presence in the key Southern California and southern Florida markets.

Santa Monica-based National Medical Enterprises is negotiating to buy two regional hospital chains in an effort to become the nation's second-largest hospital operator, sources said Tuesday. If NME succeeds in acquiring Nashville-based HealthTrust Inc.

National Medical Enterprises said Tuesday that it will acquire rival hospital chain American Medical Holdings in a $3.3-billion deal that would nearly double its size and strengthen its presence in the key Southern California and southern Florida markets.

National Medical Enterprises said Tuesday that it will acquire rival hospital chain American Medical Holdings in a $3.3-billion deal that would nearly double its size and strengthen its presence in the key Southern California and southern Florida markets.

National Medical Enterprises said Tuesday that it will acquire rival hospital chain American Medical Holdings in a $3.3-billion deal that would nearly double its size and strengthen its presence in the key Southern California and southern Florida markets.

Santa Monica-based National Medical Enterprises is negotiating to buy two regional hospital chains in an effort to become the nation's second-largest hospital operator, sources said Tuesday. If NME succeeds in acquiring Nashville-based HealthTrust Inc.

NME Acquisition Discounted: Rumors swirled through the stock market that National Medical Enterprises Inc. would acquire American Medical Holdings Inc., but analysts and sources familiar with the situation discounted the talk. Both Santa Monica-based NME, which owns and operates acute care and psychiatric hospitals, and AMI, a Dallas-based operator of acute care hospitals, declined to comment.

Faced with excess beds and declining profits, Encino Hospital and Tarzana Regional Medical Center have formed a joint venture, hoping to draw on each other's strengths, reduce duplication and lower costs through consolidation. The teaming up of the two small hospitals, Encino with 181 beds and Tarzana with 210, creates the third-largest hospital center in the San Fernando Valley.