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Tenet Healthcare Corp (THC.N)

THC.N on New York Stock Exchange

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24 Mar 2017
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Latest Key Developments (Source: Significant Developments)

Tenet and Blue Cross and Blue Shield of Texas sign multi-year agreement
Friday, 10 Mar 2017 10:38am EST 

Tenet Healthcare Corp : Tenet and Blue Cross and Blue Shield of Texas sign multi-year agreement . Multi-year agreement includes all of BCBSTX's commercial and traditional PPO and HMO products .Tenet and BCBSTX also have an accountable care arrangement covering more than 80,000 lives.  Full Article

Amedisys announces definitive agreement to acquire six home health and hospice care centers from Tenet Healthcare
Wednesday, 1 Mar 2017 09:05am EST 

Amedisys Inc : Amedisys announces definitive agreement to acquire six home health and hospice care centers from Tenet Healthcare .Amedisys Inc says definitive agreement to acquire Tenet Healthcare's home health and hospice operations in Arizona, Illinois, Massachusetts and Texas.  Full Article

Tenet Healthcare reports Q4 loss per share $0.79 from cont ops
Monday, 27 Feb 2017 04:58pm EST 

Tenet Healthcare Corp : Tenet reports results for the fourth quarter ended december 31, 2016 and issues outlook for 2017 . Tenet reports results for the fourth quarter ended december 31, 2016 and issues outlook for 2017 . Q4 loss per share $0.79 from continuing operations . Q4 earnings per share view $0.21 -- Thomson Reuters I/B/E/S . Sees q1 2017 revenue $4.75 billion to $4.95 billion . Same-Hospital exchange admissions were 4,916 in q4 of 2016, up 13.6 percent from q4 of 2015 . Same-Hospital exchange outpatient visits were 48,435 in q4 of 2016, up 26.4 percent from q4 of 2015 . Tenet Healthcare Corp qtrly net operating revenues $4,860 million versus $5,026 million . Q4 revenue view $4.96 billion -- Thomson Reuters I/B/E/S . Qtrly adjusted earnings per share from continuing operations $0.06 . Tenet Healthcare Corp sees 2017 revenue of $19.7 billion to $20.1 billion . Sees 2017 earnings per share and 2017 adjusted earnings per share from continuing operations of $1.05 to $1.30 per diluted share . Tenet Healthcare -sees q1 loss per basic share and an adjusted loss per basic share from continuing operations ranging from loss of $0.60 to loss of $0.45 . Sees 2017 adjusted free cash flow of $600 million to $800 million . Q1 earnings per share view $0.45, revenue view $4.94 billion -- Thomson Reuters I/B/E/S.  Full Article

Tenet, Centene sign multi-year national agreement
Monday, 5 Dec 2016 05:25pm EST 

Tenet Healthcare Corp : Tenet and Centene sign multi-year national agreement . Tenet and centene sign multi-year national agreement . New agreement integrates all of centene's and health net's insurance products into a single contract . Tenet healthcare corp says agreement is effective january 1, 2017 . Tenet healthcare corp - and centene corporation have signed a new, three-year agreement .Tenet healthcare-agreement providing centene, health net members with in-network access to co's hospitals, outpatient centers, physicians in 18 states.  Full Article

Tenet and UnitedHealthcare renew national relationship
Friday, 2 Dec 2016 04:45pm EST 

Tenet Healthcare Corp : Tenet and UnitedHealthcare renew national relationship . Tenet Healthcare Corp says co and UnitedHealthcare have renewed their "national relationship" for four years .New agreement will go into effect on August 1, 2017, and includes a value-based care component.  Full Article

Tenet Healthcare issued $750 million in aggregate principal amount of 7.50% senior secured second lien notes due 2022
Thursday, 1 Dec 2016 04:34pm EST 

Tenet Healthcare Corp : Tenet Healthcare Corp says on Dec 1, co issued $750 million in aggregate principal amount of 7.50% senior secured second lien notes due 2022 .Tenet Healthcare says in connection with issuance of notes, tenet also entered into exchange and registration rights agreement, dated as of Dec 1, 2016.  Full Article

Tenet announces private offering of senior secured second lien notes
Wednesday, 16 Nov 2016 08:01am EST 

Tenet Healthcare Corp : Tenet Healthcare Corp - offering to sell $500 million aggregate principal amount of newly issued senior secured second lien notes . Tenet Healthcare Corp - net proceeds of notes will be used to repay indebtedness outstanding under tenet's senior secured revolving credit facility .Tenet announces private offering of senior secured second lien notes.  Full Article

Tenet reports results for Q3, updates 2016 outlook
Monday, 31 Oct 2016 04:19pm EDT 

Tenet Healthcare Corp : Tenet reports results for the third quarter ended September 30, 2016 . Sees FY 2016 loss per share $0.95 to $1.00 from continuing operations . Tenet Healthcare - Updated 2016 outlook, which includes net income from continuing operations of $9 million to $14 million, adjusted EBITDA of $600 million to $650 million in Q4 . Same-Hospital exchange admissions were 5,465 in Q3 of 2016, up 16.9 percent from Q3 of 2015 . Qtrly same-hospital exchange outpatient visits were 51,015, up 32.0 percent from Q3 of 2015 . Tenet Healthcare Corp - Sees FY adjusted free cash flow of $400 million to $600 million . Tenet Healthcare Corp - Q3 net operating revenues $4,849 million versus $4,692 million last year . Tenet reports results for the third quarter ended September 30, 2016 . Q3 adjusted earnings per share $0.16 from continuing operations . Q3 loss per share $0.09 from continuing operations . Q3 earnings per share view $0.19 -- Thomson Reuters I/B/E/S . Sees FY 2016 adjusted earnings per share $1.16 to $1.21 from continuing operations . Sees Q4 2016 adjusted earnings per share $0.17 to $0.22 from continuing operations . Sees Q4 2016 earnings per share $0.09 to $0.14 from continuing operations . Sees Q4 2016 revenue $4.9 billion to $5.0 billion .Sees FY 2016 revenue $19.65 billion to $19.8 billion.  Full Article

Tenet Q2 adj share $0.38 from continuing operations
Monday, 1 Aug 2016 04:57pm EDT 

Tenet Healthcare Corp : Tenet reports results for the second quarter ended June 30, 2016 . Q2 adjusted earnings per share $0.38 from continuing operations . Q2 loss per share $0.44 from continuing operations . Q2 earnings per share view $0.52 -- Thomson Reuters I/B/E/S . Sees Q3 2016 adjusted earnings per share $0.10 to $0.25 from continuing operations . Sees FY 2016 adjusted earnings per share $1.32 to $1.67 from continuing operations . Sees Q3 2016 revenue $4.75 billion to $4.85 billion . Sees FY 2016 revenue $19.5 billion to $19.8 billion . Reiterated adjusted EBITDA outlook for 2016 . Qtrly Hospital exchange admissions were 5,478 in q2 of 2016, up 14.9 percent from q2 of 2015 . Qtrly Hospital exchange outpatient visits were 52,020, up 30.5 percent from q2 of 2015 . Tenet Healthcare Corp qtrly net operating revenues $4,868 million versus $4,492 million . Believes has reached deal in principle with government to resolve Clinica De La Mama criminal investigation, civil litigation for $514 million . Tenet Healthcare Corp sees FY 2016 adjusted diluted earnings per share from continuing operations of $1.32 to $1.67 . Tenet Healthcare Corp expects FY 2016 loss per share from continuing operations ranging from a loss of $0.66 to a loss of $0.30 per basic share . Q3 earnings per share view $0.43 -- Thomson Reuters I/B/E/S . FY2016 earnings per share view $1.93 -- Thomson Reuters I/B/E/S.  Full Article

Tenet Healthcare Corp gives Q2 2016 guidance; Confirms Fy 2016 guidance
Monday, 2 May 2016 04:15pm EDT 

Tenet Healthcare Corp:Confirmed existing Outlook for FY 2016, includingRevenue of $18.8 billion to $19.2 billion, Adjusted EBITDA of $2.4 billion to $2.5 billion, Adjusted Free Cash Flow of $400 million to $600 million, and Adjusted earnings per diluted share of $1.18 to $2.25.Expects to deliver Q2 2016 Revenue of $4.8 billion to $5.0 billion, Adjusted EBITDA of $600 million to $650 million, and Adjusted earnings per diluted share of $0.20 to $0.73.  Full Article

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