Tenet Healthcare Corp - Company Profile
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Tenet Healthcare Corp (Tenet) is a health care services company that operates hospitals, diagnostic imaging centers, ambulatory surgery centers and related health care facilities along with its subsidiaries and affiliates worldwide. The company serves urban and rural communities in US through general hospitals, including specialty hospitals, children’s hospitals, academic medical centers, and critical access hospitals. Tenet’s subsidiaries provide healthcare services through several free-standing and provider-based diagnostic imaging centers, free-standing emergency department, urgent care centers and ambulatory surgery centers. Tenet is headquartered in Dallas, Texas, the US.
Headquarters
United States of America
Address
14201 Dallas Parkway, Texas, 75254
Website
www.tenethealth.com
Telephone
1 469 8932200
No of Employees
78,144
Industry
Pharmaceuticals and Healthcare
Ticker Symbol & Exchange
THC (NYSE)
Revenue (2022)
$20.5B
7.2%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
48.7%
(2022 vs 2021)
Market Cap*
$9.6B
Net Profit Margin (2022)
XYZ
38.8%
(2022 vs 2021)
* As of and is in US$
Tenet Healthcare Corp premium industry data and analytics
Products and Services
| Services | Brands |
|---|---|
| - | - |
| Ambulatory Care | MedPost |
| Surgical Services | CareSpot |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Divestiture | In February, the company sold three Tenet hospitals and related operations in South Carolina, the US to Novant Health. |
| 2024 | Contracts/Agreements | In February, the company entered into an agreement to sell its Pacific Coast Network to UCI Health. |
| 2024 | Contracts/Agreements | In February, the company entered into an agreement with Adventist Health to sell two Tenet hospitals and related operations in San Luis Obispo County, California, the US. |
Competitor Comparison
| Key Parameters | Tenet Healthcare Corp | Humana Inc | HCA Healthcare Inc | Universal Health Services Inc | Community Health Systems Inc |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Dallas | Louisville | Nashville | King Of Prussia | Franklin |
| State/Province | Texas | Kentucky | Tennessee | Pennsylvania | Tennessee |
| No. of Employees | 78,144 | 67,600 | 220,000 | 73,350 | 61,000 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Saumya Sutaria, M.D. | Chairman; Chief Executive Officer | Executive Board | 2023 | 50 |
| Sun Park | Chief Financial Officer; Executive Vice President | Senior Management | 2024 | - |
| Paola M. Arbour | Chief Information Officer; Executive Vice President | Senior Management | 2019 | 59 |
| Thomas W. Arnst | Chief Administrative Officer; Executive Vice President; General Counsel; Secretary | Senior Management | 2021 | 60 |
| Jana Durfee | Chief Compliance Officer; Senior Vice President | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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