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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Earnings data Q1 2022

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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 Healthcare printed a mixed set of Q2 results, with downsides relative to consensus at the top line. Operating performance has been narrowing on a sequential basis, and numbers haven't yet reverted to pre-pandemic numbers.

Tenet Healthcare: Mixed Debate, Rate Neutral On Valuation

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Tenet Healthcare Corporation (NYSE:THC ) Q2 2022 Earnings Conference Call July 22, 2022 10:00 AM ET Company Participants Will McDowell - IR Dan Cancelmi - EVP & Chief Financial Officer Ron Rittenmeyer - Executive Chairman Saum Sutaria - Chief Executive Officer Brett Brodnax - CEO of USPI Conference Call Participants A.J. Rice - Credit Suisse Whit Mayo - SVB Leerink Justin Lake - Wolfe Research Pito Chickering - Deutsche Bank Jason Cassorla - Citi Josh Raskin - Nephron Research Jamie Perse - Goldman Sachs John Ransom - Raymond James Joanna Gajuk - Bank of America Ben Hendrix - RBC Capital Markets Ann Hynes - Mizuho Securities Sarah James - Barclays Brian Tanquilut - Jefferies Operator Greetings and welcome to the Tenet Healthcare Second Quarter 2022 Earnings Call.

Tenet Healthcare Corporation (THC) CEO Saum Sutaria on Q2 2022 Results - Earnings Call Transcript

Tenet Healthcare's (THC) second-quarter earnings benefit from strong Ambulatory Care and Conifer segments. However, a trimmed EPS view for 2022 might raise concerns for investors.

Tenet Healthcare (THC) Q2 Earnings Beat, Trims '22 EPS View

Tenet (THC) delivered earnings and revenue surprises of 108.33% and 4.09%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Tenet Healthcare (THC) Q2 Earnings Beat Estimates

DALLAS--(BUSINESS WIRE)--Tenet Healthcare Corporation (Tenet) (NYSE: THC) today announced its results for the quarter ended June 30, 2022 (Q2'22). Tenet's results for Q2'22 versus the quarter ended June 30, 2021 (Q2'21) are as follows: ($ in millions, except per share results) Q2'22 Q2'21 YTD Q2'22 YTD Q2'21 Net income available to Tenet common shareholders from continuing operations $38 $120 $177 $217 Net income available to Tenet common shareholders from continuing operations per diluted shar

Tenet Reports Second Quarter 2022 Results; Reaffirms 2022 Adjusted EBITDA Outlook

Tenet Healthcare's (THC) second-quarter results are likely to reflect the impact of lower contribution of the Hospital segment to overall revenues. The results might partly benefit from a downtrend in operating expenses.

Factors Likely to Shape Tenet Healthcare's (THC) Q2 Earnings

Tenet (THC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: Tenet Healthcare (THC) Q2 Earnings Expected to Decline

DALLAS--(BUSINESS WIRE)--Tenet Healthcare Corporation (NYSE: THC) plans to report results for its second quarter ending June 30, 2022, after the market closes on Thursday, July 21, 2022. The company will host a related conference call the following morning, Friday, July 22, 2022, 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

Tenet to Report its Second Quarter 2022 Results on July 21st

Tenet Healthcare's (THC) unit, USPI, signs a joint venture partnership with UUG to acquire ownership interests in the latter's 22 ambulatory surgery centers and concurrently assuring to develop these centers.

Tenet Healthcare (THC) Unit Ties Up to Boost Urology Services

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DALLAS & OWINGS MILLS, Md.--(BUSINESS WIRE)--United Surgical Partners International (USPI), the largest ambulatory platform in the country and a subsidiary of Tenet Healthcare (NYSE: THC), and United Urology Group (UUG), one of the nation's largest networks of urology affiliate practices, today signed a definitive agreement to form a joint venture partnership in 22 ambulatory surgery centers (ASCs). USPI will acquire a portion of UUG's ownership interests in well-established and brand-new facil

USPI and United Urology Group to Form Joint Venture

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DALLAS--(BUSINESS WIRE)--Tenet Healthcare Corporation (NYSE: THC) is scheduled to present at the Goldman Sachs 43rd Annual Global Healthcare Conference in Rancho Palos Verdes, CA on Tuesday, June 14, 2022, beginning at 1:00 p.m. Eastern time (10:00 a.m. Pacific time). A live webcast and audio archive of the event may be accessed through the investor relations section of Tenet's website at www.tenethealth.com/investors. The replay will be available for 30 days. About Tenet Healthcare Tenet Healt

Tenet to Participate in the Goldman Sachs 43rd Annual Global Healthcare Conference

Tenet Healthcare has held up well even as the broader market fell by quite a bit in recent months. This comes in spite of mixed, but generally favorable, financial results and mixed guidance.

Tenet Healthcare: Still A Great Healthcare Prospect At This Time

DALLAS--(BUSINESS WIRE)--Tenet Healthcare Corporation (NYSE: THC) today called for the redemption of all of the $1.748 billion aggregate principal amount outstanding of its 6.750% senior notes due June 15, 2023 (the “Notes”), which were issued pursuant to the Indenture, dated as of June 16, 2015, among THC Escrow Corporation II and The Bank of New York Mellon Trust Company, N.A. (the “Trustee”), as supplemented by the Supplemental Indenture thereto, dated as of June 16, 2015, among Tenet and th

Tenet Calls for Full Redemption of 6.750% Senior Notes due 2023

DALLAS--(BUSINESS WIRE)--Tenet Healthcare Corporation (NYSE: THC) today announced the pricing of the previously announced private placement offering and has agreed to issue and sell $2.000 billion in aggregate principal amount of senior secured first lien notes due on June 15, 2030, which will bear interest at a rate of 6.125% per annum (the “notes”). The aggregate principal amount of notes to be issued in the offering was increased to $2.000 billion from the previously announced amount of $1.8

Tenet Announces Upsizing and Pricing of its $2.000 Billion Private Offering of Senior Secured Notes

DALLAS--(BUSINESS WIRE)--Tenet Healthcare Corporation (NYSE: THC) today announced a private placement offering of $1.800 billion in aggregate principal amount of new senior secured first lien notes maturing in 2030 (the “notes”). Completion of the notes offering is subject to, among other things, pricing and customary closing conditions. Tenet intends to use the net proceeds from the sale of the notes, after payment of fees and expenses, to finance, together with cash on hand, the redemption of

Tenet Announces $1.800 Billion Private Offering of Senior Secured Notes

Tenet Healthcare's (THC) unit Conifer inks an agreement with Brookwood Baptist Health to deliver enhanced revenue cycle services to four of the remaining hospitals of the latter across Central Alabama.

Tenet Healthcare (THC) Unit Conifer Offers Services to Brookwood

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

Why Is Tenet (THC) Down 26.4% Since Last Earnings Report?

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DALLAS--(BUSINESS WIRE)--Tenet Healthcare Corporation (NYSE: THC) is scheduled to present at the Barclays High Yield Bond & Syndicated Loan Conference on Wednesday, May 25, 2022, beginning at 10:30 a.m. Eastern time (9:30 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 www.tenethealth.com/investors. The replay will be available for 30 days. About Tenet Healthcare Tenet Healthcare Corporation (NYSE

Tenet to Participate in the Barclays High Yield Bond & Syndicated Loan Conference

DALLAS--(BUSINESS WIRE)--Tenet Healthcare Corporation (NYSE: THC) is scheduled to present at the BofA Securities 2022 Healthcare Conference in Las Vegas, NV, on Tuesday, May 10, 2022, beginning at 1:40 p.m. Eastern time (10:40 a.m. Pacific time). A live webcast and audio archive of the event may be accessed through the investor relations section of Tenet's website at www.tenethealth.com/investors. The replay will be available for 30 days. About Tenet Healthcare Tenet Healthcare Corporation (NYS

Tenet to Participate in BofA Securities 2022 Healthcare Conference

DALLAS--(BUSINESS WIRE)--Tenet Healthcare Corporation (NYSE: THC) experienced a cybersecurity incident last week. The Company immediately suspended user access to impacted information technology applications, executed extensive cybersecurity protection protocols, and quickly took steps to restrict further unauthorized activity. Efforts to restore impacted information technology operations continue to make important progress. While there was temporary disruption to a subset of acute care operati

Tenet Reports Cybersecurity Incident

RBC Capital Markets views Tenet Healthcare Corp's (NYSE: THC) Q1 earnings in-line with expectations reflecting solid execution and labor cost management amid January omicron headwinds.  The analysts have raised the price target from $89 to $104 (41% upside) with.

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