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Tenet Healthcare Corp (THC.N)

THC.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Tenet reports pricing of its private offering of senior secured and unsecured notes
Monday, 5 Jun 2017 06:40pm EDT 

June 5 (Reuters) - Tenet Healthcare Corp ::Tenet announces pricing of its private offering of senior secured and unsecured notes to refinance $3.541 billion in outstanding notes.Offering includes $1.040 billion aggregate principal amount of senior secured first lien notes due 2024.Tenet Healthcare - offering includes $1.410 billion aggregate principal amount of senior secured second lien notes due 2025, interest at rate of 4.625 pct.Tenet Healthcare- offering includes $500 million aggregate principal amount of senior unsecured notes due 2025, bearing interest of 7 pct per annum.Offering includes $830 million senior secured first lien notes due 2024, bearing interest rate of 4.625 pct per annum, issued by co.  Full Article

Tenet announces private offering of senior secured, unsecured notes to refinance $3.541 bln in outstanding notes
Monday, 5 Jun 2017 07:25am EDT 

June 5 (Reuters) - Tenet Healthcare Corp ::Tenet announces private offering of senior secured and unsecured notes to refinance $3.541 billion in outstanding notes.Tenet healthcare - ‍offering will include $830 million aggregate principal amount of newly issued senior secured first lien notes due 2024 issued by Tenet​.Tenet healthcare -to refinance $3.541 billion of its currently outstanding notes by offering to sell $3.780 billion of newly issued notes through private placement.Tenet healthcare-‍offering will also include $1.410 billion of newly issued senior secured second lien notes due 2025 issued by THC escrow Corp​.Tenet healthcare -offering to include $500 million in aggregate principal amount of newly issued senior unsecured notes due 2025 issued by THC escrow Corp.Tenet healthcare - offering will include $1.040 billion amount of newly issued senior secured first lien notes due 2024 issued by THC escrow corporation iii.Tenet healthcare Corp - upon completion of redemptions of notes, THC escrow Corp notes will become obligations of tenet.  Full Article

Tenet and Humana amend effective dates of previously disclosed agreement
Thursday, 1 Jun 2017 01:48pm EDT 

June 1 (Reuters) - Tenet Healthcare Corp- :announced an amendment to the effective dates of its multi-year, national agreement with humana inc. Announced on may 1, 2017.‍​.effective , June 1, all Humana's members covered under commercial, medicare, medicaid health plans, will be in-network with tenet providers.those who purchased Humana's insurance coverage on healthcare insurance marketplace, will also be in-network with tenet providers.  Full Article

Tenet reports Q1 adjusted loss $0.27/shr from continuing operations
Monday, 1 May 2017 04:15pm EDT 

May 1 (Reuters) - Tenet Healthcare Corp :Tenet reports results for the first quarter ended march 31, 2017.Q1 loss per share $0.52 from continuing operations.Q1 earnings per share view $-0.51 -- Thomson Reuters I/B/E/S.Q1 adjusted loss per share $0.27 from continuing operations.Sees Q2 2017 revenue $4.85 billion to $5.05 billion.Q1 loss per share $0.27.Tenet healthcare corp - tenet's same-hospital exchange admissions were 5,168 in q1 of 2017, down 1.8 percent from q1 of 2016.Sees FY 2017 adjusted earnings per share $1.05 to $1.30 from continuing operations.Sees FY 2017 earnings per share $0.70 to $0.93 from continuing operations.Tenet healthcare corp - same-hospital exchange outpatient visits were 51,008 in q1 of 2017, up 13.9 percent from q1 of 2016.Qtrly net operating revenues $4,813 million versus $5,044 million.Q2 earnings per share view $0.07, revenue view $4.89 billion -- Thomson Reuters I/B/E/S.Q1 revenue view $4.84 billion -- Thomson Reuters I/B/E/S.FY 2017 earnings per share view $1.15, revenue view $19.81 billion -- Thomson Reuters I/B/E/S.Sees 2017 revenue of $19.7 billion to $20.1 billion.Sees a loss per share from continuing operations ranging from a loss of $0.30 to a loss of $0.25 for Q2.Sees an adjusted loss per share from continuing operations ranging from a loss of $0.20 to a loss of $0.10 in Q2.  Full Article

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

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BRIEF-Tenet reports pricing of its private offering of senior secured and unsecured notes

* Tenet announces pricing of its private offering of senior secured and unsecured notes to refinance $3.541 billion in outstanding notes