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Tenet Healthcare Corp

THC

Latest Trade

19.87USD

Change

-0.34(-1.68%)

Volume

4,644,365

Today's Range

19.37

 - 

22.09

52 Week Range

10.00

 - 

39.37

As of on the New York Stock Exchange ∙ Minimum 15 minute delay

Pricing

Previous Close
20.21
Open
21.00
Volume
4,644,365
3M AVG Volume
47.92
Today's High
22.09
Today's Low
19.37
52 Week High
39.37
52 Week Low
10.00
Shares Out (MIL)
104.29
Market Cap (MIL)
2,107.68
Forward P/E
--
Dividend (Yield %)
--

Next Event

Q1 2020 Tenet Healthcare Corp Earnings Release

Latest Developments

More

Tenet Announces Upsizing And Pricing Of Its $700 Mln Private Offering Of Senior Secured Notes

Tenet Announces $500 Mln Private Offering Of Senior Secured Notes

Tenet Forecasts 2020 Adjusted Diluted Earnings Per Share Of $2.69 To $3.35

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About Tenet Healthcare Corp

Tenet Healthcare Corporation (Tenet) is a healthcare services company. The Company operates regionally focused, integrated healthcare delivery networks in large urban and suburban markets in the United States. The Company's segments include Hospital Operations and Other, Ambulatory Care and Conifer. As of December 31, 2017, its subsidiaries operated 76 hospitals, including two children's hospitals, two specialty hospitals and one critical access hospital. The Company's Ambulatory Care segment is engaged in the operations of its USPI joint venture facilities. As of August 20, 2018, Conifer provided one or more of the business process services described above from 20 service centers to more than 800 Tenet and non-Tenet hospital and other clients in over 40 states. As of December 31, 2017, the Company operated 20 short-stay surgical hospitals, and over 470 outpatient centers.

Contact Info

14201 DALLAS PARKWAY

DALLAS, TX

75254

United States

+1.469.8932200

https://www.tenethealth.com/

Executive Leadership

Ronald A. Rittenmeyer

Executive Chairman of the Board, Chief Executive Officer

Saumya Sutaria

President, Chief Operating Officer

Brendan Strong

Chief Financial Officer

Audrey T. Andrews

Senior Vice President and General Counsel

Regina C. Nethery

Vice President of Investor Relations

Key Stats

2.58 mean rating - 19 analysts
Sell
Hold
Buy
Revenue (MM, USD)

2017

19.2K

2018

18.3K

2019

18.5K

2020(E)

19.0K
EPS (USD)

2017

0.810

2018

1.860

2019

2.680

2020(E)

2.560
Price To Earnings (TTM)
--
Price To Sales (TTM)
0.11
Price To Book (MRQ)
--
Price To Cash Flow (TTM)
2.12
Total Debt To Equity (MRQ)
--
LT Debt To Equity (MRQ)
--
Return on Investment (TTM)
0.86
Return on Equity (TTM)
0.63

Latest News

Latest News

BRIEF-Tenet Announces Upsizing And Pricing Of Its $700 Mln Private Offering Of Senior Secured Notes

* TENET ANNOUNCES UPSIZING AND PRICING OF ITS $700 MILLION PRIVATE OFFERING OF SENIOR SECURED NOTES

BRIEF-Tenet Healthcare Withdraws Previously Announced Q1 And Full Year Financial Outlook For 2020

* TENET HEALTHCARE CORP - WITHDRAWN ITS PREVIOUSLY ANNOUNCED Q1 AND FULL YEAR FINANCIAL OUTLOOK FOR 2020. Source text for Eikon: Further company coverage:

BRIEF-Tenet Announces $500 Mln Private Offering Of Senior Secured Notes

* TENET ANNOUNCES $500 MILLION PRIVATE OFFERING OF SENIOR SECURED NOTES

BRIEF-Tenet Forecasts 2020 Adjusted Diluted Earnings Per Share Of $2.69 To $3.35

* TENET REPORTS RESULTS FOR THE FOURTH QUARTER AND YEAR ENDED DECEMBER 31, 2019 AND ISSUES FINANCIAL OUTLOOK FOR 2020

Tenet agrees to settle Oklahoma hospital kickback case for $66 million

Tenet Healthcare Corp has tentatively agreed to pay $66 million to resolve claims it billed government programs for services provided to patients referred to it by doctors who had improper financial and kickback relationships with an Oklahoma hospital it owns.

Ex-Tenet VP, others loses bid to toss kickback case

A federal judge has rejected bids by a former Tenet Healthcare Corp executive and two other men to dismiss charges that they participated in a kickback scheme that funneled pregnant Hispanic women to hospitals the company owned and allowed it to fraudulently bill state Medicaid...

BRIEF-Tenet Healthcare Named Paola Arbour As Chief Information Officer

* TENET HEALTHCARE CORP - PAOLA ARBOUR NAMED CHIEF INFORMATION OFFICER, MARIE QUINTANA NAMED CHIEF MARKETING OFFICER Source text for Eikon: Further company coverage:

Hospital operator Tenet posts surprise profit, raises outlook

Tenet Healthcare Corp <THC.N> reported a surprise quarterly profit on Monday, as the hospital operator benefited from lower costs and a jump in patient visits partly due to the severe flu season.

BRIEF-Tenet Healthcare Q1 Earnings Per Share $0.95

* TENET REPORTS RESULTS FOR THE FIRST QUARTER ENDED MARCH 31, 2018

Hospital operator Tenet posts quarterly profit

Tenet Healthcare Corp posted a quarterly profit on Monday, helped by $64 million in revenue from the California Provider Fee Program.

BRIEF-Tenet Healthcare Purchases Remaining 15 pct Ownership Interest In United Surgical Partners International

* TENET HEALTHCARE - PURCHASED REMAINING 15 PCT OWNERSHIP INTEREST IN UNITED SURGICAL PARTNERS INTERNATIONAL OWNED BY WELSH, CARSON, ANDERSON & STOWE

Tenet beats class action stemming from kickback probe

A federal appeals court on Wednesday upheld the dismissal of a lawsuit seeking to force Tenet Healthcare to reimburse Hispanic women who were forced to go to its hospitals for prenatal services and to give birth due to a kickback scheme.

BRIEF-Inovalon Announces New Post Acute Care Services Agreement With Tenet Healthcare

* INOVALON ANNOUNCES NEW POST ACUTE CARE SERVICES AGREEMENT WITH TENET HEALTHCARE

Tenet wins investor Glenview's support for board nominations

Tenet Healthcare Corporation <THC.N> said on Monday it reached an agreement with its largest shareholder Glenview Capital Management to vote in favor of the hospital operator's board nominees.

Tenet wins investor Glenview's support for board nominations

Tenet Healthcare Corporation said on Monday it reached an agreement with its largest shareholder Glenview Capital Management to vote in favor of the hospital operator's board nominees.

BRIEF-Tenet Healthcare Reaches Agreement With Glenview

* TENET HEALTHCARE - GLENVIEW WITHDRAWN PROPOSAL TO AMEND CO'S BYLAWS THAT WOULD ALLOW SHAREHOLDERS TO TAKE ACTION BY WRITTEN CONSENT WITHOUT A MEETING

BRIEF-Tenet Healthcare ‍Board Modifying Bylaws To Reduce Threshold Required To Request Special Meeting

* TENET HEALTHCARE CORP - BOARD HAS TAKEN A SERIES OF ACTIONS TO STRENGTHEN COMPANY'S CORPORATE GOVERNANCE

Hospital operator Tenet raises 2018 forecasts, shares rise

(This Feb. 26 story corrects paragraph 3 to say the CEO comment was from a statement, not off a conference call)

BRIEF-Tenet Reports Q4 Adjusted EPS $1.40 From Continuing Operations

* TENET REPORTS RESULTS FOR THE FOURTH QUARTER ENDED DECEMBER 31, 2017

Tenet posts bigger quarterly loss

Tenet Healthcare Corp reported a bigger quarterly loss as the hospital operator took one-time charges, partly due to changes in the U.S. tax law.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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