MOUNTAIN VIEW, Calif., Nov. 19, 2024 (GLOBE NEWSWIRE) -- Commure , a leader in healthcare technology innovation, announced today that Tenet Healthcare Corporation (NYSE: THC), one of the nation’s largest healthcare providers, has selected Commure Scribe, an ambient AI platform, to be launched across its employed physician network, Tenet Physician Resources. This relationship solidifies Commure as the most comprehensive... Read More

Net income available to common shareholders in third quarter 2024 was $472 million, or $4.89 per diluted share, including an after-tax gain of $209 million, or $2.16 per diluted share, primarily associated with previously announced hospital divestitures Adjusted diluted earnings per share 1 was $2.93 in third quarter 2024 Consolidated Adjusted EBITDA 1 in third quarter 2024 of $978 million increased 14.5% over third quarter... Read More

DALLAS / Oct 23, 2024 / Business Wire / Tenet Healthcare Corporation (NYSE: THC) is scheduled to present at the UBS Global Healthcare Conference on Tuesday, November 12, 2024, beginning at 12:30 p.m. Eastern 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... Read More

DALLAS / Oct 02, 2024 / Business Wire / Tenet Healthcare Corporation (NYSE: THC) will release its third quarter 2024 results before the market opens on Tuesday, October 29, 2024, to be followed by a conference call at 9:00 a.m. CT (10:00 a.m. Eastern 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... Read More

DALLAS / Oct 01, 2024 / Business Wire / Tenet Healthcare Corporation (NYSE: THC) today announced that it has completed the sale of its 70% majority ownership interest in Brookwood Baptist Health in Birmingham to Orlando Health consistent with previously disclosed terms. The completed transaction includes five hospitals – Brookwood Baptist Medical Center, Citizens Baptist Medical Center, Princeton Baptist Medical Center,... Read More

DALLAS / Aug 15, 2024 / Business Wire / Tenet Healthcare Corporation (NYSE: THC) is scheduled to present at the 2024 Wells Fargo Healthcare Conference on Wednesday, September 4, 2024, beginning at 9:30 a.m. Eastern 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... Read More

Tenet announces agreement to sell Birmingham hospitals and related operations; reaffirms latest FY24 Adjusted EBITDA Outlook DALLAS / Aug 05, 2024 / Business Wire / Tenet Healthcare Corporation (NYSE: THC) has entered into a definitive agreement with Orlando Health for the sale of Tenet’s 70% majority ownership interest in Brookwood Baptist Health in Birmingham for approximately $910 million in cash (after-tax proceeds of... Read More

Net income available to common shareholders in second quarter 2024 was $259 million, or $2.64 per diluted share Adjusted diluted earnings per share 1 was $2.31 in second quarter 2024 Consolidated Adjusted EBITDA 1 in second quarter 2024 of $945 million increased 12.1% over second quarter 2023 Second quarter 2024 Ambulatory Care Adjusted EBITDA of $447 million increased 20.8% over second quarter 2023 Board of Directors has... Read More

DALLAS / Jun 19, 2024 / Business Wire / Tenet Healthcare Corporation (NYSE: THC) will release its second quarter 2024 results on Wednesday, July 24, 2024, no later than 6:00 a.m. Central Time (CT), to be followed by a conference call at 9:00 a.m. CT (10:00 a.m. Eastern 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... Read More

DALLAS / May 01, 2024 / Business Wire / Tenet Healthcare Corporation (NYSE: THC) is scheduled to present at the BofA Securities 2024 Health Care Conference on Tuesday, May 14, 2024, beginning at 12:20 p.m. Eastern 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... Read More

Net income from continuing operations available to common shareholders in first quarter 2024 was $2.151 billion, or $21.38 per diluted share, including an after-tax gain of $1.856 billion, or $18.45 per diluted share, associated with previously announced hospital divestitures Adjusted diluted earnings per share from continuing operations 1 was $3.22 in first quarter 2024 Consolidated Adjusted EBITDA 1 in first quarter 2024... Read More

DALLAS / Apr 01, 2024 / Business Wire / Tenet Healthcare Corporation (NYSE: THC) today announced that it has completed the sale of six hospitals and related operations in California consistent with previously disclosed terms. Tenet completed the sale of its four Orange County and Los Angeles County hospitals and related operations to UCI Health – consistent with the approval of the University of California Board of Regents.... Read More

DALLAS / Mar 28, 2024 / Business Wire / Tenet Healthcare Corporation (NYSE: THC) will release its first quarter 2024 results on Tuesday, April 30, 2024, no later than 6:00 a.m. Central Time (CT), to be followed by a conference call at 9:00 a.m. CT (10:00 a.m. Eastern 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.... Read More

Tenet announces agreement to sell San Luis Obispo County hospitals and related operations as well as a new health system partnership for Conifer Health Solutions DALLAS / Feb 29, 2024 / Business Wire / Tenet Healthcare Corporation (NYSE: THC) has entered into a definitive agreement with Adventist Health for the sale of two Tenet hospitals and related operations in San Luis Obispo County. Tenet also announced its Conifer... Read More

DALLAS / Feb 21, 2024 / Business Wire / Tenet Healthcare Corporation (NYSE: THC) is scheduled to present at the Barclays Global Healthcare Conference on Tuesday, March 12, 2024, beginning at 9:30 a.m. Eastern 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... Read More

DALLAS / Feb 16, 2024 / Business Wire / Tenet Healthcare Corporation (NYSE: THC) today called for the redemption of all $2,100 million outstanding of its 4.875% Senior Secured First Lien Notes due 2026 (the “Notes”), which were issued pursuant to the Indenture, dated as of November 6, 2001 (the “Base Indenture”), by and between Tenet and The Bank of New York, as predecessor to The Bank of New York Mellon Trust Company, N.A.,... Read More

Net income from continuing operations available to common shareholders in fourth quarter 2023 was $244 million, or $2.30 per diluted share Adjusted diluted earnings per share from continuing operations 1 was $2.68 in fourth quarter 2023 Consolidated Adjusted EBITDA 1 in fourth quarter 2023 of $1.012 billion increased 12.8% over fourth quarter 2022 Fourth quarter 2023 Ambulatory Care Adjusted EBITDA of $464 million increased... Read More

Acquisition of Tenet's Pacific Coast Network would expand unrestricted to healthcare for Orange County and beyond ORANGE, Calif. , Feb. 1, 2024 /PRNewswire/ -- The Regents of the University of California , on behalf of the University of California , Irvine , has entered into a definitive agreement with Tenet Healthcare Corporation (NYSE: THC) to acquire Tenet's Pacific Coast Network. The network will become part of UCI... Read More

Tenet completes sale of three South Carolina hospitals and announces the sale of four Orange County and Los Angeles County hospitals and related operations. DALLAS / Feb 01, 2024 / Business Wire / Tenet Healthcare Corporation (NYSE: THC) today announced that it has completed the sale of three of its hospitals and related operations in South Carolina to Novant Health for approximately $2.4 billion. Tenet also announced it has... Read More

DALLAS / Jan 09, 2024 / Business Wire / Tenet Healthcare Corporation (NYSE: THC) will release its fourth quarter 2023 results on Thursday, February 8, 2024, no later than 6:00 a.m. Central Time (CT), to be followed by a conference call at 9:00 a.m. CT (10:00 a.m. Eastern Time). A live webcast and audio archive of the call may be accessed through the investor relations section of Tenet’s website at... Read More

DALLAS / Dec 13, 2023 / Business Wire / Tenet Healthcare Corporation (NYSE: THC) today announced the appointment of Vineeta Agarwala, M.D., PhD, to its Board of Directors, effective immediately. Dr. Agarwala will serve as a member of the Quality, Compliance, and Ethics Committee, as well as the Human Resources Committee, increasing the size of the Board to 13 directors. “We are pleased to welcome Dr. Vineeta Agarwala to the... Read More

Acquisition by Novant Health of Tenet hospitals and affiliated operations will bring expanded access to high-quality care in South Carolina WINSTON-SALEM, N.C. , Nov. 17, 2023 /PRNewswire/ -- Novant Health and Tenet Healthcare Corporation (NYSE: THC) today announced that they have signed a definitive agreement regarding the acquisition by Novant Health of three Tenet hospitals and affiliated operations in South Carolina.... Read More

DALLAS / Nov 17, 2023 / Business Wire / Tenet Healthcare Corporation (NYSE: THC) has entered into a definitive agreement with Novant Health for the sale of three Tenet hospitals and related operations in South Carolina for approximately $2.4 billion in cash (after-tax proceeds of approximately $1.750 billion). The transaction will include Coastal Carolina Hospital in Jasper County, Hilton Head Hospital in Beaufort County,... Read More

Net income from continuing operations available to common shareholders in third quarter 2023 was $101 million, or $0.94 per diluted share Adjusted diluted earnings per share from continuing operations 1 was $1.44 in third quarter 2023 Consolidated Adjusted EBITDA 1 in third quarter 2023 was $854 million, including $3 million of grant income Third quarter 2023 Ambulatory Care Adjusted EBITDA of $370 million increased 16.0%... Read More

DALLAS / Oct 09, 2023 / Business Wire / Tenet Healthcare Corporation (NYSE: THC) will release its third quarter 2023 results after the market closes on Monday, October 30, 2023, to be followed by a conference call at 4:00 p.m. CT (5:00 p.m. Eastern 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... Read More

Leading health system and services platform selects Oracle Cloud HCM to automate manual processes and improve user experience LAS VEGAS , Sept. 18, 2023 /PRNewswire/ -- Oracle Health Conference -- Tenet Healthcare Corporation (NYSE: THC) has selected Oracle Fusion Cloud Human Capital Management (HCM) to streamline and modernize its human resources and payroll processes. Tenet, a leading health system and services platform,... Read More

DALLAS / Aug 10, 2023 / Business Wire / Tenet Healthcare Corporation (NYSE: THC) today announced the appointment of Senator Roy Blunt to the Tenet Board of Directors, effective immediately. Senator Blunt will serve as a member of the Audit Committee, Nominating and Corporate Governance Committee, and Environmental, Social, and Governance Committee. This appointment expands the Board to 12 directors, 11 of whom are... Read More

DALLAS / Aug 10, 2023 / Business Wire / Tenet Healthcare Corporation (NYSE: THC) today announced that its Board of Directors has elected Chief Executive Officer, Saum Sutaria, M.D., to assume the additional position of Chairman, effective immediately. Sutaria succeeds Senator J. Robert Kerrey, who will transition to Lead Director of the Board, a role he previously held from 2017- 2022. Sutaria has served as Tenet... Read More

Net income from continuing operations available to common shareholders in second quarter 2023 was $123 million, or $1.15 per diluted share Adjusted diluted earnings per share from continuing operations 1 was $1.44 in second quarter 2023 Consolidated Adjusted EBITDA 1 in second quarter 2023 was $843 million, including $8 million of grant income Second quarter 2023 Ambulatory Care Adjusted EBITDA of $369 million increased... Read More

DALLAS / Jul 11, 2023 / Business Wire / Tenet Healthcare Corporation (NYSE: THC) will release its second quarter 2023 results after the market closes on Monday, July 31, 2023, to be followed by a conference call at 4:00 p.m. CT (5:00 p.m. Eastern 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... Read More

DALLAS / Jun 23, 2023 / Business Wire / Tenet Healthcare Corporation (NYSE: THC) announced the appointment of Sun Park as Executive Vice President & Chief Financial Officer of the Company, effective January 1, 2024, as part of the Company’s planned Chief Financial Officer transition. Mr. Park will serve as an Executive Vice President of the Company from July 11, 2023 through December 31, 2023. As previously announced, Dan... Read More

DALLAS / May 31, 2023 / Business Wire / Tenet Healthcare Corporation (NYSE: THC) is scheduled to present at the 44th Annual Goldman Sachs Global Healthcare Conference on Tuesday, June 13, 2023, beginning at 9:20 a.m. Pacific time (12:20 p.m. Eastern Time). A live webcast and audio archive of the event may be accessed through the investor relations section of Tenet’s website at https://investor.tenethealth.com/ . The replay... Read More

DALLAS / May 30, 2023 / Business Wire / Tenet Healthcare Corporation (NYSE: THC) today announced the appointment of Stephen H. Rusckowski to the Tenet Board of Directors, effective immediately. Rusckowski will serve as a member of the human resources committee and quality, compliance, and ethics committee. This appointment expands the Board to 11 directors, 10 of whom are independent members. “We are pleased to announce... Read More

DALLAS / May 02, 2023 / Business Wire / Tenet Healthcare Corporation (NYSE: THC) today called for the redemption of all $756 million outstanding of its 4.625% senior secured first lien notes due July 2024 (the “July 2024 Notes”), which were issued pursuant to the Indenture, dated as of November 6, 2001, by and between Tenet and The Bank of New York Mellon Trust Company, N.A., as successor trustee to The Bank of New York (the... Read More

DALLAS / May 02, 2023 / 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 $1.350 billion in aggregate principal amount of senior secured first lien notes due on May 15, 2031, which will bear interest at a rate of 6.750% per annum (the “notes”). Completion of the notes offering is expected to occur on May... Read More

DALLAS / May 02, 2023 / Business Wire / Tenet Healthcare Corporation (NYSE: THC) today announced a private placement offering of $1.350 billion in aggregate principal amount of new senior secured first lien notes maturing in 2031 (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... Read More

DALLAS / Apr 27, 2023 / Business Wire / Tenet Healthcare Corporation (NYSE: THC) is scheduled to present at the BofA Securities 2023 Health Care Conference in Las Vegas, NV, on Tuesday, May 9, 2023, beginning at 9:20 a.m. Pacific time (12:20 p.m. Eastern 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... Read More

Net income from continuing operations available to common shareholders in first quarter 2023 was $143 million, or $1.32 per diluted share Adjusted diluted earnings per share from continuing operations 1 of $1.42 in first quarter 2023 Consolidated Adjusted EBITDA 1 in first quarter 2023 of $832 million, including $3 million of grant income First quarter 2023 Ambulatory Care Adjusted EBITDA of $340 million grew 21.4% over... Read More

DALLAS / Apr 03, 2023 / Business Wire / Tenet Healthcare Corporation (NYSE: THC) will release its first quarter 2023 results before the market opens on Tuesday, April 25, 2023, to be followed by a conference call at 9:00 a.m. CT (10:00 a.m. Eastern 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... Read More

DALLAS / Feb 23, 2023 / Business Wire / Tenet Healthcare Corporation (NYSE: THC) is scheduled to present at the Barclays Global Healthcare Conference on Tuesday, March 14, 2023, beginning at 9:30 a.m. Eastern 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... Read More

DALLAS / Feb 09, 2023 / Business Wire / Tenet Healthcare Corporation (Tenet) (NYSE: THC) today announced its results for the quarter ended December 31, 2022. "We closed the year with a strong fourth quarter and demonstrated operating discipline in a dynamic environment while providing patient-centered high quality care," said Saum Sutaria, M.D., Chief Executive Officer of Tenet. "Our momentum going into 2023 positions us for... Read More

DALLAS / Feb 08, 2023 / Business Wire / United Surgical Partners International (USPI), the largest ambulatory surgery platform in the country and a subsidiary of Tenet Healthcare (NYSE: THC), and Providence, a not-for-profit health system serving the Western U.S., announced today that they have signed a new development agreement that will increase access to ambulatory surgical services across many communities. USPI and... Read More

More than 20 facilities across multiple markets earn prestigious Press Ganey awards for delivering extraordinary patient care DALLAS / Jan 30, 2023 / Business Wire / United Surgical Partners International (USPI), a subsidiary of Tenet Healthcare Corporation (NYSE: THC), announced today that 24 facilities were recognized by Press Ganey for excellence in patient experience. Press Ganey, the leader in patient, employee, and... Read More

Tenet Healthcare Corporation (Tenet) (NYSE: THC) announced today that it expects to exceed the midpoint of its latest FY22 Adjusted EBITDA Outlook range included in its third quarter 2022 earnings release along with key leadership updates that will help support long-term business performance. Although Tenet’s financial statement close process is not yet fully completed, the Company anticipates its Adjusted EBITDA, excluding... Read More

Tenet Healthcare Corporation (NYSE: THC) will release its fourth quarter 2022 results on Thursday, February 9, 2023, no later than 6:00 a.m. Central Time (CT), to be followed by a conference call at 9:00 a.m. CT (10:00 a.m. Eastern 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 Healthcare Tenet... Read More