Tenet Healthcare Corporation | Report on strategies and programs for improving maternal health outcomes at Tenet Healthcare Corporation

Status
AGM passed
AGM date
Previous AGM date
Proposal number
4
Resolution details
Lead filer
New York State Common Retirement Fund
Resolution ask
Report on or disclose
ESG theme
  • Social
ESG sub-theme
  • Public health
Type of vote
Shareholder proposal
Filer type
Shareholder
Company sector
Health Care
Company HQ country
United States
Resolved clause
Shareholders of Tenet Healthcare Corporation, (Tenet) request that the Board of Directors issue a public report detailing strategies and programs for improving maternal health outcomes. The report should include data collected from patients at Tenet facilities and information about the programs and services deployed to reduce the incidence of maternal mortality and severe maternal morbidities (SMM). The report should be publicly disclosed to shareholders, be prepared at reasonable cost, and omit confidential or proprietary information.
Supporting statement
The United States continues to have the highest maternal death rate of any high-income nation in the world.1 The Centers for Disease Control and Prevention reports 80% of pregnancy-related deaths are preventable, while rates of severe maternal morbidity are high and getting worse.2 The United States received a D+ grade for preterm birth for the third consecutive year in the 2024 March of Dimes Report Card. While the 2024 Maternal and Infant Health Disparities Data Brief found that the “[p]revalence of severe maternal morbidity has steadily increased in recent years, and impacted individuals incur higher medical costs and experience longer hospitalizations.”

On November 1, 2024, the Centers for Medicare and Medicaid Services (CMS) announced new standards for hospitals that offer obstetric care. These new requirements, known as conditions of participation (CoPs), seek to prioritize protection of the health and safety of pregnant, birthing, and postpartum patients.3 Because they are CoPs, hospitals are required to meet these standards to continue participating in the Medicare and Medicaid programs. The new CoPs represent a risk to non-compliant hospitals.4

Tenet has not shared sufficient information for investors to determine the effect of the rapidly changing circumstances of maternal care on its business. A report like the one requested would assist shareholders in assessing whether the Company is achieving improved maternal health outcomes, which may lead to significant business advantages for the Company.

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