Welcome to Tenor Health Foundation
When hospitals with good intentions get derailed, we save them.
Tenor was established to ensure that financially struggling hospitals can survive and thrive across the cities and suburbs of America.
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Newsroom
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Why Tenor?
About us
Tenor was formed to identify, own, manage, and turn around financially challenged hospitals.
We identify
Tenor will identify hospitals for acquisition where there is a strong indication for upside through the implementation of proven strategies.
We turnaround
Tenor’s hospital operations strategy will focus on efficiency of revenue cycle, enchaining service lines as appropriate and expense management in areas such as salaries and benefits, professional services, purchased services and supply chain.
What keeps us going?
our northstar
Committing to the needs of a community and taking the steps necessary to enhance their unique health niches.
- Improving the quality and safety first, then treating every patient with kindness and dignity as if they were our own family member.
- Giving 5 star quality and service while making sure that every patient and family receives superior treatment.
- Saving Time, Efficiencies and Families lives through Focus, Service and Humanity.
- Every Community deserves a sustainable hospital delivering extraordinary care.
Our focus
Explore the Tenor Way
Tenor's proven approach combines financial discipline with compassionate care. We implement strategic improvements in revenue cycle management, service line development, and operational efficiency while maintaining our commitment to quality patient outcomes and community trust.
Tenor’s hospital operations strategy will focus on active revenue cycle and expense management
Tenor seeks to own, lease, and manage small to medium-sized hospital facilities in rural and Suburban markets with 50 to 200 staffed beds. Hospitals that are at Moderate or High Financial Risk and are Critically or Moderately Essential will be Tenor’s target market.
New Business Development Strategies
Tenor intends to initially identify multiple facilities for potential ownership and be under contract with one to three hospitals in its first year. Projected total hospital revenues are $200M to $300M with a positive EBITDA of $10M to $20M per year.
Support services for hospitals
how we help
Committing to the needs of a community and taking the steps necessary to enhance their unique health niches.
- Management support by Tenor’s Executive Team
- Cost control strategies, including departmental workloads and staffing, and non-labor costs
- Financial Performance
- Budgets for the current year and future years, including assumptions for financial projections and budgets
- Capital projections and plans
- Revenue optimization efforts, including the revenue cycle
- Partnerships and affiliations
- New revenue opportunities
- Managed care agreements
- Management and government controls
- Physician relationships and contract
Our Hospitals
Sharon Regional Medical Center
Our Leadership
Our executive team brings decades of proven experience in hospital turnarounds, operations, and clinical excellence. Each leader has successfully revitalized struggling healthcare facilities while maintaining the highest standards of patient care and community service.
Radha Savitala
CEO
Ms. Savitala is the CEO and founder of Tenor Health Foundation, Inc., a nonprofit organization dedicated to owning and operating acute care hospitals. Her inaugural acquisition was a previously closed hospital in northwestern Pennsylvania, which she successfully reopened, restoring many essential medical services to the community. She is currently focused on stabilizing the hospital’s operations and ensuring sustainable growth.
Radha Savitala
“Butch” Paul Eavenson
Healthcare Executive
Paul “Butch” Eavenson, CPA, has over 25 years of experience in healthcare finance, reimbursement, strategy, and operations. He has served in executive leadership roles including Chief Executive Officer, Chief Operating Officer, and Chief Financial Officer for hospitals, outpatient surgery centers, and large private physician practices across the country.
“Butch” Paul Eavenson
Valerie Hennesy
Chief Nursing Officer/Chief Quality Officer
Valerie “Val” Hennessy, MSN, CNS, CPHQ, has over 30 years of healthcare leadership experience and is board certified as an APRN-Clinical Nurse Specialist. She has held executive roles including VP of Clinical Operations, Chief Nursing Officer, and currently serves as Chief Clinical Officer for Sharon Regional Health System, where she oversees nursing, pharmacy, quality, risk, cardiology, stroke and chest pain programs, respiratory services, and rehabilitation.
Valerie Hennesy
Michael Bogert
CFO
Michael Bogert is Chief Financial Officer at Tenor Health, bringing over 35 years of healthcare finance experience. He previously served as CFO for Pipeline Health in Los Angeles and held senior finance roles at KPG Global and Palomar Health District Hospital System.
Michael Bogert
Get in Touch!
For more information about our hospital services, please contact us.