Barry Schochet Named Vice Chairman at Tenet.

SANTA BARBARA, Calif.--(BUSINESS WIRE)--Jan. 25, 1999--Tenet Healthcare Corp. (NYSE:THC) Monday announced the promotion of Barry P. Schochet, a veteran health-care executive with Tenet, to the position of vice chairman.

The promotion is part of a recent realignment of Tenet's senior management team.

Schochet will lead the company's efforts in strategic business development. He also will be responsible for representing the company as a member of various health-care-industry organizations and with government policy makers.

"As one of the most innovative thinkers in the health-care industry, Barry will make a tremendous contribution to Tenet by developing new strategic business initiatives," said Jeffrey C. Barbakow, Tenet's chairman and chief executive officer. "His role as a member of the senior-management team is indicative of the renewed focus we are placing on collaboration, not only at our corporate headquarters but throughout the company."

Schochet will report to Barbakow. He also will be working closely with Tenet's senior corporate and operating managers, including Trevor Fetter, chief corporate officer, and Thomas B. Mackey, chief operating officer, who together occupy the newly created Office of the President.

Schochet said: "This is an extraordinary opportunity for me, and I welcome the chance to further develop the company's enormous opportunities for strategic growth. I also look forward to continuing and expanding my role in helping to craft health-care legislation."

Schochet is past chairman and a current member of the board of governors of the Federation of American Health Systems. He also represents Tenet as a member of the Healthcare Leadership Council.

Most recently, Schochet, 47, was Tenet's executive vice president for operations. He was responsible for such activities as Tenet's physician services and its group purchasing organization.

Schochet joined Tenet in 1979. Since then, he has held executive positions, including president and chief operating officer of the company's hospital division.

Schochet earned his bachelor's degree from the University of Maine and received his master's degree in hospital administration from George Washington University in Washington, D.C.

Based in Santa Barbara, Tenet Healthcare, through its subsidiaries, owns and operates 129 acute-care hospitals with more than 30,000 licensed beds and numerous related health-care services.

The company employs approximately 130,000 people serving communities in 18 states and services its hospitals from a Dallas-based operations center. Tenet's name reflects its core business philosophy: the importance of shared values between partners -- including employees, physicians, insurers and communities -- in providing a full spectrum of quality health care. 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 annual report on Form 10-K. Do not rely on any forward-looking statement, as the company cannot predict or control many of the factors that ultimately may affect its ability to achieve the results estimated. The company make no promise to update any forward-looking statement, whether as a result of changes in underlying factors, new information, future events or otherwise.