Tenet Healthcare

Tenet Healthcare Corp. engages in the provision of health care services. It operates through the following segments: Hospital Operations and Other, Ambulatory Care, and Conifer. The Hospital Operations and Other segment consists of acute care hospitals, ancillary outpatient facilities, urgent care centers, microhospitals and physician practices. The Ambulatory Care segment includes the operations of the USPI joint venture and the company's nine Aspen facilities in the United Kingdom. The Conifer segment offers healthcare business process services in the areas of hospital and physician revenue cycle management and value-based care solutions to healthcare systems, as well as individual hospitals, physician practices, self-insured organizations, health plans and other entities. The company was founded in 1975 and is headquartered in Dallas, TX.

Earnings data Q1 2021

Earnings data Q2 2021

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Tenet Healthcare reports robust Q4 earnings, eyes growth opportunities

Tenet Healthcare's Q4 2022 performance showcased strong financial results, effective cash flow management, and positive growth projections for 2023.
While facing challenges such as cyber attacks and COVID-related disruptions, the company is focused on addressing contract labor costs and driving growth.
Opportunities for Tenet Healthcare include organic growth, strategic acquisitions, and enhancing operational efficiencies to drive future success.
Overall, Tenet Healthcare's performance, strengths, challenges, and opportunities position the company for continued growth and financial stability.

Tenet Healthcare excels in Q1 2023, eyes growth opportunities

Tenet Healthcare's Q1 2023 performance was robust, driven by strong results in USPI and the hospital segment.
Challenges include deferred procedures in certain healthcare services and managing labor shortages, but opportunities exist in ortho procedure growth and improved contract labor rates.
The company's focus on efficiency and partnership benefits bode well for future growth and margin improvement.

Tenet Healthcare reports robust Q2 earnings, raises full-year guidance

Tenet Healthcare's Q2 2023 performance reflects strong financial results across segments, with raised EBITDA guidance and solid cash flow generation.
While facing challenges in specific markets and increased CapEx, the company remains focused on sustaining profitability and enhancing shareholder value.
Opportunities lie in continued growth prospects, strategic investments, and operational improvements to drive long-term success and market expansion.
Overall, Tenet Healthcare's performance highlights resilience, strategic focus, and commitment to delivering value to shareholders amidst evolving market dynamics.

Tenet Healthcare excels in Q3, eyes growth in USPI specialties

Tenet Healthcare's Q3 2023 performance showcased strong financial results across its segments, with a focus on high acuity services and cost control.
While facing challenges such as rising medical fee costs and clinical denials, Tenet is strategically positioned to capitalize on growth opportunities in USPI specialties and margin expansion.
The company's emphasis on technology investments, labor optimization, and strategic decision-making underscores its commitment to sustainable growth and operational efficiency.
With an upwardly revised guidance for 2023 and plans for 2024 formulation, Tenet Healthcare is poised for continued success through prudent financial management and strategic initiatives.

Tenet Healthcare posts robust Q4 earnings, eyes growth opportunities

Tenet Healthcare delivered strong financial results in Q4 2023, with solid EBITDA figures across its segments and a positive outlook for 2024. While facing challenges such as regulatory impacts and labor management, the company remains focused on capital allocation priorities and growth opportunities in high acuity services and ASC diversification.

Tenet Healthcare excels in Q1 2024, eyes growth opportunities

Tenet Healthcare's Q1 2024 performance showcased strong financial results, with notable growth in adjusted EBITDA across segments and successful deleveraging.
The company's strategic initiatives, including divestitures, acquisitions, and focus on revenue optimization, position it well for future growth and profitability.
Despite challenges like margin dilution from recent acquisitions and calendar effects, Tenet's focus on enhancing operational efficiency and seizing growth opportunities remains key.

Tenet Healthcare excels in Q2, eyes growth through efficiency

Tenet Healthcare's Q2 2024 earnings call reflects strong financial performance, strategic initiatives, and a positive outlook for the full year, underpinned by revenue growth and operational enhancements.
While facing challenges in margin management and revenue mix sustainability, Tenet's focus on efficiency, debt reduction, and shareholder value creation positions it well for future growth.
The company's emphasis on operational efficiency, capacity utilization, and strategic investments underscores its commitment to delivering quality care, driving performance, and seizing growth opportunities.

Tenet Healthcare excels in Q3, eyes strategic growth opportunities

Tenet Healthcare's Q3 2024 performance reflects robust revenue growth, margin expansion, and increased guidance, underpinned by strong cash generation and strategic financial management.
While facing challenges in forecasting and capital allocation, Tenet's focus on operational efficiency and shareholder value creation positions it well for future growth and resilience.
By capitalizing on opportunities for strategic investments, debt optimization, and prudent capital deployment, Tenet can navigate industry complexities and drive sustainable value creation.

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Tenet Healthcare Corp. engages in the provision of healthcare services. It operates through the Hospital Operations and Other, and Ambulatory Care segments. The Hospital Operations and Other segment is composed of acute care hospitals, ancillary outpatient facilities, urgent care centers, micro hospitals and physician practices. The Ambulatory Care segment includes the operations of the USPI joint venture and the company's nine Aspen facilities in the United Kingdom. The company was founded in 1969 and is headquartered in Dallas, TX.

Tenet (THC) reported earnings 30 days ago. What's next for the stock?

Why Is Tenet (THC) Down 0.8% Since Last Earnings Report?

To boost financial flexibility, Tenet Healthcare (THC) announces partial redemption of senior secured notes to procure funds for paying down its future annual cash interest payments.

Tenet Healthcare (THC) Announces Partial Redemption of Notes

DALLAS--(BUSINESS WIRE)--Tenet Healthcare Corporation (NYSE: THC) today called for the redemption of $1.100 billion of the $1.870 billion aggregate principal amount of its outstanding 4.625% senior secured first lien notes due July 15, 2024 (the “Notes”). As a result, Tenet expects to lower its future annual cash interest payments by approximately $50 million. This retirement of debt will be funded with approximately $1.100 billion of proceeds from the recent sale of the Company's five hospital

Tenet Calls for Partial Redemption of 4.625% Senior Secured First Lien Notes due 2024

Tenet Healthcare Corp. THC, -1.43% said late Monday that Ron Rittenmeyer, who has served as chief executive and executive chairman for nearly four years, will step down as CEO, to be replaced by Saum Sutaria. Rittenmeyer will continue as executive chairman of the company and the board through 2022, Tenet said.

Tenet names Saum Sutaria its next CEO, Rittenmeyer to remain chairman

DALLAS--(BUSINESS WIRE)--Tenet Healthcare Corporation (NYSE: THC) today announced the next step in its long-term leadership succession plan. Ron Rittenmeyer, who has served as CEO and Executive Chairman for nearly four years, will continue as Executive Chairman of the Company and the Board through 2022. Saum Sutaria, M.D., President and Chief Operating Officer of Tenet, will become Chief Executive Officer, effective September 1, 2021. He will continue to report to Rittenmeyer. “When I joined Te

Tenet Announces Leadership Transition

DALLAS--(BUSINESS WIRE)--Tenet Healthcare Corporation (NYSE: THC) today announced that it has completed the sale of its five hospitals and related operations in the Miami-Dade and Southern Broward counties. The transaction includes Coral Gables Hospital, Florida Medical Center, Hialeah Hospital, North Shore Medical Center and Palmetto General Hospital, as well as associated physician practices and other entities. Tenet's ambulatory facilities operated by United Surgical Partners International i

Tenet Completes Sale of Five Hospitals in the Miami-Dade/Southern Broward Area

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DALLAS--(BUSINESS WIRE)--Tenet Healthcare Corporation (NYSE: THC) today announced the results of its 2021 Healthy Over Hungry® Cereal Drive. The Cereal Drive works to help those struggling with hunger and to promote the importance of eating a healthy breakfast, especially for children who lose access to school-based nutrition programs during the summer months. The 2021 Cereal Drive took place from June 7 to June 14 across Tenet's acute care hospitals, ambulatory facilities, call centers and cor

Tenet Healthcare Announces Results of the 2021 Healthy Over Hungry® Cereal Drive

Tenet Healthcare's (THC) CEO Ron Rittenmeyer on Q2 2021 Results - Earnings Call Transcript

Tenet Healthcare's (THC) second-quarter results gain on the back of higher revenues, and well-performing Hospital, Ambulatory and Conifer segments, partly offset by escalating costs.

Tenet Healthcare (THC) Beats on Q2 Earnings, Ups '21 EPS View

Tenet (THC) delivered earnings and revenue surprises of 45.87% and 3.80%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

Tenet Healthcare (THC) Beats Q2 Earnings and Revenue Estimates

Shares of Tenet Healthcare (NYSE:THC) fell in after-market trading after the company reported Q2 results. Quarterly Results Earnings per share increased 26.19% over the past year to $1.59, which beat the estimate of $1.07.

Tenet Healthcare: Q2 Earnings Insights

DALLAS--(BUSINESS WIRE)--Tenet Healthcare Corporation (Tenet) (NYSE: THC) today announced its results for the quarter ended June 30, 2021 (Q2'21). Tenet's results for Q2'21 versus the quarter ended June 30, 2020 (Q2'20) and for the six months ended June 30, 2021 (YTD Q2'21) versus the six months ended June 30, 2020 (YTD Q2'20) are as follows: ($ in millions, except per share results) Q2'21 Q2'20 YTD Q2'21 YTD Q2'20 Net income from continuing operations available to Tenet common shareholders $12

Tenet Reports Second Quarter 2021 Results; Raises 2021 Financial Guidance

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BIRMINGHAM, Ala.--(BUSINESS WIRE)--Medical Properties Trust Agrees to Acquire Five General Acute Hospitals in South Florida

Medical Properties Trust Agrees to Acquire Five General Acute Hospitals in South Florida

DALLAS--(BUSINESS WIRE)--Tenet Healthcare Corporation (NYSE: THC) plans to report results for its second quarter ending June 30, 2021 after the market closes on Wednesday, July 21, 2021. The company will host a conference call the following morning, Thursday, July 22, 2021, at 10:00 a.m. Eastern time (9:00 a.m. Central time). A live webcast and audio archive of the call may be accessed through the investor relations section of Tenet's website at www.tenethealth.com/investors. About Tenet Health

Tenet to Report its Second Quarter 2021 Results on July 21

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Tenet (THC) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

Tenet (THC) Hits Fresh High: Is There Still Room to Run?

Tenet Healthcare (THC) to sell five hospitals to Steward Health Care System, LC for a deal value of $1.1 billion.

Tenet Healthcare (THC) to Divest Hospitals for $1.1 Billion

DALLAS--(BUSINESS WIRE)--Today, Steward Health Care System, LLC (Steward) and Tenet Healthcare Corporation (NYSE: THC) announced that they have signed a definitive agreement regarding the acquisition by Steward of Tenet's five hospitals and related hospital operations in the Miami-Dade and Southern Broward counties. The transaction is Steward's first acquisition since finalizing full physician control and leadership of the organization in the summer of 2020. Under the terms of the agreement, St

Steward Health Care to Acquire Five Hospitals in the Miami-Dade/Southern Broward Area From Tenet Healthcare

Banking high on a solid guidance and strategic measures, Tenet Healthcare (THC) holds enough potential to reap benefits for investors.

Tenet Healthcare (THC) Soars 69% YTD: More Room to Run?

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DALLAS--(BUSINESS WIRE)--Tenet Healthcare Corporation (NYSE: THC) is scheduled to present at the Goldman Sachs Annual Global Healthcare Conference on Wednesday, June 9, 2021, beginning at 8:50 a.m. Eastern time (7:50 a.m. Central time). A live webcast and audio archive of the event may be accessed through the investor relations section of Tenet's website at https://investor.tenethealth.com/. The replay will be available for 30 days. About Tenet Healthcare Tenet Healthcare Corporation (NYSE: THC

Tenet to Participate in Goldman Sachs Annual Global Healthcare Conference

Why Is Tenet (THC) Up 13.1% Since Last Earnings Report?

Tenet Healthcare (THC) exhibits prudence by issuing notes to procure funds and pay down its existing debt.

News for Tenet Healthcare Stock (THC)