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

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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) expects the divestment of the three South Carolina hospitals to fetch around $2.4 billion in cash.

Tenet (THC) to Divest 3 Hospitals to Novant to Reduce Debt

BOCA RATON, Fla.--(BUSINESS WIRE)--PROXDIS, Inc., a healthcare technology company, pioneering a new era of collaboration between healthcare professionals and the medical device industry, proudly welcomes Jeffery M. Welch, the former Market CEO of Tenet Healthcare, to its executive team. With profound industry insights and a wealth of experience, Mr. Welch seamlessly aligns with PROXDIS' mission to transform the healthcare paradigm. As PROXDIS embarks on reshaping the way healthcare providers an.

Former Tenet Healthcare Market CEO, Jeffery M. Welch Joins PROXDIS Leadership.

The shares of Tenet Healthcare Corp (NYSE:THC) are surging today, after news that the company is selling three of its South Carolina hospitals for about $2.4 billion.

Tenet Healthcare Selling Hospitals; Stock Surges

Shares of Tenet Healthcare Corp (NYSE: THC) are up 12% this morning after the healthcare services company said it will sell three of its hospitals in South Carolina to Novant Health. Details of Tenet-Novant deal Novant has agreed to pay about $2.

Tenet Healthcare to sell three of its hospitals to Novant Health

Tenet Healthcare (NYSE:THC) Corp announced on Friday that it has agreed to sell three of its hospitals and related operations in South Carolina to Novant Health for about $2.4 billion in cash.  Tenet said the after-tax proceeds from the transaction of approximately $1.75 billion will be used primarily to pay down debt.

Tenet Healthcare inks deal to sell three South Carolina hospitals for $2.4B

Tenet Healthcare Corp. THC, -0.87% said Friday it agreed to sell three hospitals and related operations in South Carolina for about $2.4 billion in cash to Novant Health. The deal's after-tax proceeds are about $1.75 billion.

Tenet Healthcare selling three hospitals in South Carolina to Novant Health

Acquisition by Novant Health of Tenet hospitals and affiliated operations will bring expanded access to high-quality care in South Carolina WINSTON-SALEM, N.C. , Nov. 17, 2023 /PRNewswire/ -- Novant Health and Tenet Healthcare Corporation (NYSE: THC) today announced that they have signed a definitive agreement regarding the acquisition by Novant Health of three Tenet hospitals and affiliated operations in South Carolina.

Novant Health to acquire three hospitals from Tenet Healthcare

DALLAS--(BUSINESS WIRE)--Tenet Healthcare Corporation (NYSE: THC) has entered into a definitive agreement with Novant Health for the sale of three Tenet hospitals and related operations in South Carolina for approximately $2.4 billion in cash (after-tax proceeds of approximately $1.750 billion). The transaction will include Coastal Carolina Hospital in Jasper County, Hilton Head Hospital in Beaufort County, East Cooper Medical Center in Charleston County, affiliated physician practices and othe.

Tenet Healthcare to Sell Three South Carolina Hospitals to Novant Health

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Tenet Healthcare's (THC) Q3 results gain on improved adjusted admissions and higher pricing yield. Management expects adjusted EPS of $5.43-$6.05 for 2023.

Tenet Healthcare (THC) Q3 Earnings Beat on Solid Ambulatory Care

Tenet Healthcare Corporation (NYSE:THC ) Q3 2023 Earnings Conference Call October 30, 2023 5:00 PM ET Company Participants Will McDowell - VP, IR Saum Sutaria - CEO Daniel Cancelmi - EVP and CFO Sun Park - EVP Conference Call Participants Josh Raskin - Nephron Research Stephen Baxter - Wells Fargo Whit Mayo - Leerink Partners Justin Lake - Wolfe Research Kevin Fischbeck - Bank of America A.J. Rice - UBS Jamie Perse - Goldman Sachs Calvin Sternick - JPMorgan Pito Chickering - Deutsche Bank John Ransom - Raymond James Ben Hendrix - RBC Capital Markets Jason Cassorla - Citigroup Brian Tanquilut - Jefferies Sarah James - Cantor Fitzgerald Operator Good afternoon.

Tenet Healthcare Corporation (THC) Q3 2023 Earnings Call Transcript

Tenet Healthcare (THC) came out with quarterly earnings of $1.44 per share, beating the Zacks Consensus Estimate of $1.20 per share. This compares to earnings of $1.44 per share a year ago.

Tenet Healthcare (THC) Surpasses Q3 Earnings and Revenue Estimates

Tenet Healthcare Corp on Monday raised its core-earnings forecast for the year following a strong third quarter, betting on a recovery in surgical procedures from pandemic lows and an improvement in contract labor costs as staffing shortages ease.

Tenet Healthcare lifts annual forecast as surgery volumes recover

DALLAS--(BUSINESS WIRE)--Tenet Healthcare Corporation (Tenet) (NYSE: THC) today announced its results for the quarter ended September 30, 2023. "Sustained same facility revenue growth and effective cost controls drove strong performance in both our ambulatory care and hospital segments in the third quarter," said Saum Sutaria, M.D., Chairman and Chief Executive Officer of Tenet. "Our steadfast commitment to operating discipline and strategic focus fortify our care capabilities and position us f.

Tenet Reports Third Quarter 2023 Results; Raises 2023 Outlook

Tenet (THC) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Tenet Healthcare (THC) Expected to Beat Earnings Estimates: Can the Stock Move Higher?

In the closing of the recent trading day, Tenet Healthcare (THC) stood at $54.13, denoting a +0.07% change from the preceding trading day.

Tenet Healthcare (THC) Advances But Underperforms Market: Key Facts

Tenet Healthcare operates 61 hospitals and has a growing ambulatory care business, with revenue increasing by 7.7% in the past year. The company's net profits and operating cash flow have improved, although EBITDA has decreased. Management forecasts increased revenue and profits for this year, but a decrease in EBITDA. The company's debt is a concern, but it has no debt coming due in the near term.

Tenet Healthcare: A Compelling Opportunity Despite Lofty Debt

Universal Health Services

Tenet Healthcare has seen growth in its ambulatory care network and hospital segment, with revenue increasing and non-COVID admissions rising. THC is expected to generate $1.2 billion in FCF for FY23, a return to its pre-pandemic form. Universal Health Services is benefiting from increased demand for mental healthcare services, with a significant market opportunity and revenue growth in its behavioral health segment.

A Look At Tenet Healthcare And Universal Health Services: Cost Recovery And Secular Tailwinds

DALLAS--(BUSINESS WIRE)--Tenet Healthcare Corporation (NYSE: THC) will release its third quarter 2023 results after the market closes on Monday, October 30, 2023, to be followed by a conference call at 4:00 p.m. CT (5:00 p.m. Eastern 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 Healthcare Tenet Healthcare Corporation (NYSE: THC) is a diversified healthcare services comp.

Tenet to Report its Third Quarter 2023 Results on October 30th

With 75,000 Kaiser Permanente healthcare workers striking this week, hospital stocks are under pressure, and industry giant Tenet Healthcare Corp. THC, -1.32% could be next to face a significant work stoppage, analysts say.

As 75,000 Kaiser healthcare workers walk off the job, Tenet Healthcare could be next to face a strike

Tenet Healthcare (THC) gains from expanding patient admissions, diversified treatment network, acquisitions and robust cash-generating abilities.

Tenet Healthcare (THC) Rides on Strong Patient Volumes, Buyouts

Tenet Healthcare (THC) collaborates with Oracle Cloud HCM to improve and automate human resources and payroll processes.

Tenet Healthcare (THC) & Oracle Unite to Improve Efficiency

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Leading health system and services platform selects Oracle Cloud HCM to automate manual processes and improve user experience LAS VEGAS , Sept. 18, 2023 /PRNewswire/ -- Oracle Health Conference -- Tenet Healthcare Corporation (NYSE: THC) has selected Oracle Fusion Cloud Human Capital Management (HCM) to streamline and modernize its human resources and payroll processes.

Tenet Healthcare Streamlines HR and Payroll Processes with Oracle

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