February 03, 2018
As you are already aware, on midnight January 11, 2018, Hahnemann University Hospital (HUH) and St. Christopher’s Hospital for Children (SCHC) were sold by Tenet Healthcare Corporation to American Academic Health System (AAHS). As such, it is necessary to delineate any transactions related to AAHS from Tenet for our consolidated financial statements. Any activity related to HUH or SCHC on Chart D should be recorded using the new accounts described below for activities occurring on or after January 1, 2018. Revenue and expenditure activity that was not accrued as of December 31, 2017, in the general ledger will have to be recorded using the new AAHS accounts, except for the December 2017 salary and fringe entry related to SCHC. Also, in trying to continuously improve our chart of accounts, these accounts have been assigned new roll-ups for financial reporting.