Jeb Bush to Cut Ties With Company Profiting From Obamacare

[Suzanimal]

Interesting. Bush and Clinton have ties to this company.

What a tangled web presidential candidates weave.

Former Florida Governor Jeb Bush will step down from the Board of Directors of Tenet Healthcare Corp., a Texas-based company that has seen big profits thanks to Obamacare, the Los Angeles Times reported.

Bush will disentangle himself from Tenet Healthcare effective Dec. 31, the second such move he has made since announcing that he will "actively explore" a 2016 run for the White House. Earlier this month Bush ended his advisory role with Barclays Bank.

The number of people signing up for insurance through the Affordable Care Act has been great business for Tenet Heatlhcare.

"As we look at the past four months, we can see a steep ramp of people who are newly insured and are seeking care in our hospitals," Tenet CEO Trevor Fetter told the Dallas Business Journal back in May. "February was double January, and March was double February. It's a steep ramp of people who are now accessing the health care system."

So far, 6.4 million people have signed up for Obamacare, and the government's goal is to have 9.1 people enrolled for 2015. Tenet Healthcare has been building new hospitals, in part on the promise of all those new customers.

Whether Bush's moves to distance himself from the kinds of business relationships that proved a liability for Mitt Romney in the 2012 election will prove effective remains to be seen.

http://www.bloomberg.com/politics/a...cut-ties-with-company-cashing-in-on-obamacare

I noticed this last week.

As Obamacare Boosts Tenet Healthcare, Jeb Bush And Hillary Clinton Win

Just five days before Tenet Healthcare THC -1.75% board member and former Florida governor Jeb Bush said last week he would form an exploratory committee to run for President of the United States, the giant hospital operator said it would sponsor a major event with ties to Hillary Clinton near Palm Springs in January.

If the polls are correct, it means Tenet, a big benefactor of the Affordable Care Act, has close relationships with the front-runners for the 2016 presidential nominations of the nation’s two political parties. And the for-profit hospital chain isn’t shy about hyping its ties to either presidential hopeful.

In a corporate announcement Dec. 11, Tenet touted its “presenting” sponsorship of the “Clinton Health Matters Activation Summit,” which is put on by the Bill, Hillary & Chelsea Clinton Foundation.

Hillary Clinton is far ahead of her next closest competition for the Democratic party’s presidential nomination less than two years away from the 2016 general election while Bush is leading in some Republican presidential polls.

“We’re proud to join with the Foundation to focus on successful initiatives to promote healthier lifestyles and improve healthcare delivery across the country,” said Tenet chief executive Trevor Fetter, who the hospital operator said will deliver open remarks and introduce former president Bill Clinton at the conference’s “main session” on Monday, Jan. 26 in Indian Wells, Calif.

...

http://www.forbes.com/sites/bruceja...-healthcare-jeb-bush-and-hillary-clinton-win/