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XNYS
THC
Market cap20bUSD
Oct 08, Last price  
260.57USD
1D
0.28%
1Q
27.57%
Jan 2017
1,655.86%
Name

Tenet Healthcare Corp

Chart & performance

D1W1MN
XNYS:THC chart
P/E
14.91
P/S
0.98
EPS
17.47
Div yield, %
—
Shrs. gr., 5y
-3.09%
Rev. gr., 5y
3.85%
Revenues
21.31b
+3.12%
8,453,000,0008,083,000,0008,585,000,0009,014,000,0008,265,000,0008,654,000,0009,119,000,00011,087,000,00016,603,000,00018,634,000,00019,621,000,00019,179,000,00018,313,000,00018,479,000,00017,640,000,00019,485,000,00019,174,000,00020,548,000,00020,665,000,00021,310,000,000
Net income
1.41b
-56.03%
-803,000,000-89,000,00025,000,000187,000,0001,143,000,00082,000,000152,000,000-134,000,00012,000,000-140,000,000-192,000,000-704,000,000104,000,000-215,000,000399,000,000914,000,000411,000,000611,000,0003,200,000,0001,407,000,000
CFO
3.54b
+72.94%
-462,000,000326,000,000208,000,000425,000,000472,000,000497,000,000593,000,000589,000,000687,000,0001,026,000,000558,000,0001,200,000,0001,049,000,0001,233,000,0003,407,000,0001,568,000,0001,083,000,0002,374,000,0002,047,000,0003,540,000,000
Dividend
Mar 13, 20000.01 USD/sh

Notes

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Profile

Tenet Healthcare Corporation operates as a broad-ranging provider of health solutions. The company organizes its operations across three main divisions: Hospital Operations and Other, Ambulatory Care, and Conifer. Within its network of acute care facilities, Tenet delivers a full spectrum of essential services. These include core hospital functions such as operating and recovery suites, radiology and respiratory therapy, clinical laboratories, and on-site pharmacies. The organization also provides high-acuity patient care through intensive, critical, and coronary care units. Specialized medical services cover areas like cardiovascular, digestive disease, neurosciences, musculoskeletal, and obstetrics, alongside various outpatient treatments, including physical therapy. Advanced surgical capabilities feature cardiothoracic, complex spinal, and neurosurgery, as well as neonatal intensive care. Tenet extends its offerings to ultra-specialized quaternary care, exemplified by heart and kidney transplant programs, and sophisticated procedures such as limb-salvaging vascular interventions, acute Level 1 trauma care, intravascular stroke treatment, minimally invasive cardiac valve replacements, advanced imaging, and telemedicine access. Beyond its hospital network, Tenet manages numerous other clinical sites. These encompass outpatient surgical centers, immediate care facilities, diagnostic imaging centers, dedicated surgical hospitals, off-campus emergency departments, and micro-hospitals. Through its Conifer segment, the company furnishes critical healthcare business process solutions. These administrative services, offered to hospitals, health systems, physician practices, employers, and other clients, include financial administration for patient accounts (revenue cycle management), support for patient communications and engagement, and outcome-focused care strategies. As of February 9, 2022, Tenet's operational footprint included 60 hospitals and roughly 550 additional medical facilities. This count of additional sites comprises surgical hospitals, ambulatory surgery centers, urgent care and imaging centers, and various other clinical locations. Tenet Healthcare Corporation was established in 1975 and maintains its principal office in Dallas, Texas.

Related entities

Subsidiaries
St. Mary's Medical Center, Inc.

Key people

Saumya Sutaria
Chairman of the Board, Chief Executive Officer · since 2023
Executive Vice President, Chief Information Officer · since 2019
Lisa Foo
Executive Vice President - Commercial Operations · since 2022
Sun Park
Chief Financial Officer, Executive Vice President · since 2024
Daniel Waldmann
Senior Vice President - Public Affairs · since 2012
Thomas Arnst
Executive Vice President, Chief Administrative Officer, General Counsel, Corporate Secretary · since 2021
J. Robert Kerrey
Lead Independent Director · since 2023
Vineeta Agarwala
Independent Director · since 2023
James Bierman
Independent Director · since 2017
Roy Blunt
Independent Director · since 2023
Independent Director · since 2018
Cecil Haney
Independent Director · since 2021
Christopher Lynch
Independent Director · since 2019
Richard Mark
Independent Director · since 2017
Independent Director · since 2015
Independent Director · since 2019
IPO date
May 22, 1981
Employees
75,776
Domiciled in
US
Incorporated in
US
Legal address
C/O The Corporation Trust Company of Nevada
311 South Division Street
Carson City, NV 89703
US
Headquarters
1445 Ross Avenue
Suite 1400
Dallas, TX 75202
US
Previous name
National Medical Enterprises Inc.

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