Amedisys to Acquire 11 Home Health Agencies and 2 Hospices from Tenet.

Business Editors/Health/Medical Writers

--(BUSINESS WIRE)--March 3, 2004

Tenet Healthcare Corporation (NYSE:THC) announced today that the company has finalized an agreement to sell 11 home health agencies and two hospices owned by Tenet subsidiaries to Amedisys, Inc. (Nasdaq:AMED) and will complete the transaction by May 1, 2004.

Gross proceeds from the sale of the 11 home health agencies and two hospices are estimated at approximately $19 million for property, plant and equipment at closing, and approximately $4.3 million from working capital liquidation over several months subsequent to closing. The agreement calls for closing to occur in three stages, with control over the first four agencies transferring effective March 1. The second group will transfer on April 1, 2004, with the final transfer effective on May 1, 2004.

The 11 home health agencies and two hospices, located in seven southern states, are: Tenet Home Care of Palm Beach, Delray Beach, Fla.; Tenet Home Care of Broward County, Lauderdale Lakes, Fla.; St. Mary's Hospital Home Health, W. Palm Beach, Fla.; Tenet Home Care of Miami-Dade, N. Miami Beach, Fla.; Professional Home Health, Biloxi, Miss.; Memorial Home Care, New Orleans, La.; Spalding Regional Home Health, Griffin, Ga.; First Community Home Care, Dallas, Texas; Cypress-Fairbanks Home Health, Houston, Texas; Brookwood Home Care Services, Birmingham, Ala.; Brookwood Medical Center Hospice, Birmingham, Ala. and St. Francis Home Health and Hospice, Memphis, Tenn. Amedisys, a leading provider of home health care nursing services based in Baton Rouge, La., operates sites across 11 southern and southeastern states.

"The sale of these assets is part of our strategic focus on our 69 core hospitals, which will provide our platform for future growth," said Trevor Fetter, Tenet's president and chief executive officer. "Home health care is not a significant part of Tenet's business."

Tenet anticipates the sale will have minimal effect on patients and that there will be no interruption in home care or hospice service as a result of the transaction.

Tenet Healthcare Corporation, through its subsidiaries, owns and operates acute care hospitals and numerous related health care services. Tenet's hospitals aim to provide the best possible care to every patient who comes through their doors, with a clear focus on quality and service. Tenet can be found on the World Wide Web at www.tenethealth.com.

Certain statements in this release may constitute forward-looking statements. They are based on management's current expectations and could be affected by numerous factors and are subject to various risks and uncertainties. Certain of those risks and uncertainties are discussed in the Company's filings with the Securities and Exchange Commission, including the Company's transition report on Form 10-K for the 7-month period ended Dec. 31, 2002 and quarterly reports on Form 10-Q. Do not rely on any forward-looking statement, as we cannot predict or control many of the factors that ultimately may affect our ability to achieve the results estimated. We make no promise to update any forward-looking statement, whether as a result of changes in underlying factors, new information, future events or otherwise.