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Tenet Healthcare Corp (THC.N)

THC.N on New York Stock Exchange

18.58USD
18 Jul 2019
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Latest Key Developments (Source: Significant Developments)

Tenet Reports Q1 Adjusted Earnings Per Share $0.54 From Continuing Operations
Monday, 29 Apr 2019 04:15pm EDT 

April 29 (Reuters) - Tenet Healthcare Corp ::TENET REPORTS RESULTS FOR THE FIRST QUARTER ENDED MARCH 31, 2019.Q1 ADJUSTED EARNINGS PER SHARE $0.54 FROM CONTINUING OPERATIONS.Q1 LOSS PER SHARE $0.26 FROM CONTINUING OPERATIONS.SEES Q2 2019 ADJUSTED EARNINGS PER SHARE $0.29 TO $0.63 FROM CONTINUING OPERATIONS.SEES FY 2019 ADJUSTED EARNINGS PER SHARE $2.08 TO $2.59 FROM CONTINUING OPERATIONS.SEES FY 2019 EARNINGS PER SHARE $0.16 TO $1.10 FROM CONTINUING OPERATIONS.SEES FY 2019 REVENUE $18 BILLION TO $18.4 BILLION.SEES Q2 2019 REVENUE $4.4 BILLION TO $4.7 BILLION.Q1 EARNINGS PER SHARE ESTIMATE $0.29 -- REFINITIV IBES DATA.TENET HEALTHCARE - NET OPERATING REVENUES IN HOSPITAL OPERATIONS AND OTHER SEGMENT WERE $3.862 BILLION IN Q1 OF 2019, DOWN 2.2 PERCENT FROM Q1 OF 2018.FY2019 EARNINGS PER SHARE VIEW $2.29, REVENUE VIEW $18.18 BILLION -- REFINITIV IBES DATA.Q2 EARNINGS PER SHARE VIEW $0.52, REVENUE VIEW $4.49 BILLION -- REFINITIV IBES DATA.  Full Article

Tenet Reports Q4 Loss Per Share Of $0.05 From Continuing Operations
Monday, 25 Feb 2019 04:15pm EST 

Feb 25 (Reuters) - Tenet Healthcare Corp ::TENET REPORTS RESULTS FOR THE FOURTH QUARTER AND YEAR ENDED DECEMBER 31, 2018 AND ISSUES OUTLOOK FOR 2019.Q4 ADJUSTED EARNINGS PER SHARE $0.51 FROM CONTINUING OPERATIONS.Q4 LOSS PER SHARE $0.05 FROM CONTINUING OPERATIONS.SEES Q1 2019 ADJUSTED EARNINGS PER SHARE $0.10 TO $0.43 FROM CONTINUING OPERATIONS.SEES FY 2019 ADJUSTED EARNINGS PER SHARE $2.08 TO $2.59 FROM CONTINUING OPERATIONS.SEES FY 2019 EARNINGS PER SHARE $0.14 TO $1.08 FROM CONTINUING OPERATIONS.SEES FY 2019 REVENUE $18 BILLION TO $18.4 BILLION.SEES Q1 2019 REVENUE $4.3 BILLION TO $4.6 BILLION.Q4 EARNINGS PER SHARE ESTIMATE $0.28 -- REFINITIV IBES DATA.QTRLY HOSPITAL SEGMENT SAME-HOSPITAL NET PATIENT REVENUE DECLINED 1.3 PERCENT.QTRLY AMBULATORY CARE SAME-FACILITY SYSTEM-WIDE REVENUE GREW 3.8 PERCENT.QTRLY NET OPERATING REVENUES $4,619 MILLION VERSUS $4,978 MILLION.FY2019 EARNINGS PER SHARE VIEW $1.94, REVENUE VIEW $18.06 BILLION -- REFINITIV IBES DATA.Q1 EARNINGS PER SHARE VIEW $0.41, REVENUE VIEW $4.53 BILLION -- REFINITIV IBES DATA.TENET'S HEALTH PLAN BUSINESS RECOGNIZED NO REVENUE IN Q4 VERSUS $10 MILLION.SEES 2019 ADJUSTED FREE CASH FLOW OF $600 MILLION TO $800 MILLION.SEES Q1 LOSS PER SHARE FROM CONTINUING OPERATIONS RANGING FROM LOSS OF $0.68 TO A LOSS OF $0.24.  Full Article

Tenet Extends Collaboration With Cerner
Thursday, 7 Feb 2019 08:00am EST 

Feb 7 (Reuters) - Tenet Healthcare Corp ::TENET EXTENDS COLLABORATION WITH CERNER.TENET HEALTHCARE CORP - EXTENSION OF ITS AGREEMENT WITH CERNER CORPORATION.TENET HEALTHCARE CORP - TENET WILL CONTINUE WORKING WITH CERNER TO MAKE INFORMATION SYSTEMS MORE EFFICIENT ACROSS TENET'S HOSPITALS.  Full Article

Tenet Healthcare Issued $1.5 Bln In Aggregate Principal Amount Of 6.250 Pct Senior Secured Second Lien Notes Due 2027
Wednesday, 6 Feb 2019 08:45am EST 

Feb 6 (Reuters) - Tenet Healthcare Corp ::TENET HEALTHCARE CORP - ON FEB 5, ISSUED $1.5 BILLION IN AGGREGATE PRINCIPAL AMOUNT OF 6.250% SENIOR SECURED SECOND LIEN NOTES DUE 2027 - SEC FILING.  Full Article

Tenet Announces Pricing Of Its Upsized Private Offering Of Senior Secured Notes
Tuesday, 22 Jan 2019 06:21pm EST 

Jan 22 (Reuters) - Tenet Healthcare Corp ::TENET ANNOUNCES PRICING OF ITS UPSIZED PRIVATE OFFERING OF SENIOR SECURED NOTES TO REFINANCE $1.52 BILLION IN OUTSTANDING NOTES.TENET HEALTHCARE - PRICING OF PREVIOUSLY ANNOUNCED PRIVATE OFFERING OF NEWLY ISSUED NOTES TO REFINANCE $1.52 BILLION OF ITS CURRENTLY OUTSTANDING NOTES..TENET HEALTHCARE CORP - OFFERING WAS INCREASED FROM PREVIOUSLY ANNOUNCED $750 MILLION AGGREGATE PRINCIPAL AMOUNT OF NOTES.TENET HEALTHCARE CORP - OFFERING CONSISTS OF $1.50 BILLION AGGREGATE PRINCIPAL AMOUNT OF SENIOR SECURED SECOND LIEN NOTES DUE 2027.TENET HEALTHCARE - OFFERING CONSISTS OF $1.50 BILLION PRINCIPAL AMOUNT OF SENIOR SECURED SECOND LIEN NOTES DUE 2027, BEARING INTEREST RATE OF 6.25%/ANNUM.  Full Article

Tenet Announces Private Offering Of Senior Secured Notes To Refinance $768 Mln In Outstanding Notes
Tuesday, 22 Jan 2019 07:26am EST 

Jan 22 (Reuters) - Tenet Healthcare Corp ::TENET ANNOUNCES PRIVATE OFFERING OF SENIOR SECURED NOTES TO REFINANCE $768 MILLION IN OUTSTANDING NOTES.TENET HEALTHCARE - NOTES OFFERING CONSISTS OF $750 MILLION IN AMOUNT OF NEWLY ISSUED SENIOR SECURED SECOND LIEN NOTES DUE 2027 ISSUED BY TENET.TENET HEALTHCARE - INTENDS TO REFINANCE $768 MILLION OF OUTSTANDING NOTES BY OFFERING TO SELL $750 MILLION OF NEWLY ISSUED NOTES THROUGH PRIVATE PLACEMENT.TENET HEALTHCARE CORP - TO USE PART OF NET PROCEEDS TO FUND REDEMPTION & DISCHARGE OF $300 MILLION OUTSTANDING AMOUNT OF 6.75% SENIOR NOTES DUE FEB 1, 2020.TENET - TO USE REMAINDER PROCEEDS, OTHERS TO FUND REPAYMENT UPON MATURITY, DISCHARGE OF $468 MILLION 5.50% SENIOR UNSECURED NOTES DUE MARCH 1, 2019.  Full Article

United Surgical Partners Appoints Brett Brodnax CEO
Tuesday, 6 Nov 2018 08:30am EST 

Nov 6 (Reuters) - Tenet Healthcare Corp ::UNITED SURGICAL PARTNERS INTERNATIONAL - ANNOUNCED THAT BRETT BRODNAX HAS BEEN APPOINTED CHIEF EXECUTIVE OFFICER, EFFECTIVE IMMEDIATELY.  Full Article

Tenet Hospitals In South Carolina Fully Operational Following Hurricane Florence
Monday, 17 Sep 2018 08:00am EDT 

Sept 17 (Reuters) - Tenet Healthcare Corp ::TENET HOSPITALS IN SOUTH CAROLINA FULLY OPERATIONAL FOLLOWING HURRICANE FLORENCE.TENET - COASTAL CAROLINA HOSPITAL, EAST COOPER MEDICAL CENTER AND HILTON HEAD HOSPITAL, ALL LOCATED IN AREAS IMPACTED BY STORM HAD NO MATERIAL DAMAGE.TENET HEALTHCARE CORP - PIEDMONT MEDICAL CENTER WAS NOT DIRECTLY IMPACTED BY STORM AND REMAINED FULLY OPERATIONAL.  Full Article

Tenet Healthcare Named Paola Arbour As Chief Information Officer
Wednesday, 16 May 2018 04:15pm EDT 

May 16 (Reuters) - Tenet Healthcare Corp ::TENET ANNOUNCES EXECUTIVE LEADERSHIP APPOINTMENTS.TENET HEALTHCARE CORP - PAOLA ARBOUR NAMED CHIEF INFORMATION OFFICER, MARIE QUINTANA NAMED CHIEF MARKETING OFFICER.  Full Article

Inovalon Announces New Post Acute Care Services Agreement With Tenet Healthcare
Wednesday, 28 Mar 2018 07:55am EDT 

March 28 (Reuters) - Inovalon Holdings Inc ::INOVALON ANNOUNCES NEW POST ACUTE CARE SERVICES AGREEMENT WITH TENET HEALTHCARE.ENTERS AGREEMENT WITH TENET HEALTHCARE TO PROVIDE DATA, ANALYTICS, AND TECHNOLOGY PLATFORMS WITHIN POST-ACUTE CARE SERVICES MARKET.‍VANTAGE SOLUTION IS BEING MADE AVAILABLE AS A MODULAR, CONFIGURABLE COMPONENT OF INOVALON ONE PLATFORM​.‍FOLLOWING PENDING ABILITY NETWORK DEAL, VANTAGE WILL BE MADE AVAILABLE AS AN APPLICATION WITHIN MYABILITY SOFTWARE PLATFORM​.  Full Article

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 programs for $400 million.