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Last $49.71 USD
Change Today -0.94 / -1.86%
Volume 1.2M
As of 8:04 PM 04/27/15 All times are local (Market data is delayed by at least 15 minutes).

tenet healthcare corp (THC) Snapshot

Open
$50.72
Previous Close
$50.65
Day High
$50.99
Day Low
$49.47
52 Week High
09/22/14 - $63.61
52 Week Low
02/2/15 - $41.47
Market Cap
4.9B
Average Volume 10 Days
1.3M
EPS TTM
$1.74
Shares Outstanding
99.2M
EX-Date
03/13/00
P/E TM
28.6x
Dividend
--
Dividend Yield
--
Current Stock Chart for TENET HEALTHCARE CORP (THC)

tenet healthcare corp (THC) Details

Tenet Healthcare Corporation, a healthcare services company, primarily operates acute care hospitals and related healthcare facilities in the United States. It operates through two segments, Hospital Operations and Other, and Conifer. The company’s general hospitals offer acute care services, operating and recovery rooms, radiology services, respiratory therapy services, clinical laboratories, and pharmacies. It also provides intensive care, critical care and/or coronary care units, physical therapy, orthopedic, oncology, and outpatient services; tertiary care services, including open-heart surgery, neonatal intensive care, and neurosciences; quaternary care services in the areas of heart, liver, kidney, and bone marrow transplants; quaternary pediatric and burn services; advanced treatment options for patients; gamma-knife brain surgery; cyberknife radiation therapy for tumors and lesions in the brain, lung, neck, and spine; and outpatient services. In addition, the company offers clinical research programs related to cardiovascular disease, pulmonary disease, musculoskeletal disorders, neurological disorders, genitourinary disease, and various cancers, as well as drug and medical device studies. Further, it provides operational management for patient access, health information management, revenue integrity, and patient financial services; communications and engagement solutions to optimize the relationship between providers and patients; and management services comprising clinical integration, financial risk management, and population health management. As of December 31, 2014, the company operated 80 hospitals with 20,814 beds; 210 outpatient centers; 6 health plans; 11 accountable care networks; and Conifer Health Solutions, LLC that offers business process solutions to approximately 800 hospital and other clients. Tenet Healthcare Corporation was founded in 1967 and is headquartered in Dallas, Texas.

83,160 Employees
Last Reported Date: 02/23/15
Founded in 1967

tenet healthcare corp (THC) Top Compensated Officers

Chief Executive Officer, President, Director ...
Total Annual Compensation: $1.3M
Chief Financial Officer
Total Annual Compensation: $565.9K
President of Hospital Operations
Total Annual Compensation: $690.6K
Vice Chairman
Total Annual Compensation: $700.0K
Senior Vice President and General Counsel
Total Annual Compensation: $459.6K
Compensation as of Fiscal Year 2014.

tenet healthcare corp (THC) Key Developments

Tenet Healthcare Corporation Announces Executive Appointments

Tenet Healthcare Corporation named Tim Adams as senior vice president of operations and integration. In this new role, Adams will oversee the assimilation of new acquisitions and joint ventures into Tenet’s system, serving as the liaison between new operations, the company’s acquisitions and development team, corporate functional leaders and regional and market management. Adams joined Tenet in May 2012 and most recently served as chief executive officer of the company’s Central Region, overseeing 15 hospitals and more than 50 outpatient facilities In addition, the company named Eric Evans as chief executive officer of the company’s newly created Texas Region, which consists of 23 hospitals and more than 80 outpatient facilities. Evans has served since 2012 as CEO of Tenet’s Sierra Providence Health Network in El Paso, where he oversaw numerous strategic initiatives, including the development of plans for a new teaching hospital in collaboration with Texas Tech University Health Sciences Center.

Tenet Seek To Sell Its Hospitals

Tenet Healthcare Corp. (NYSE:THC) is seeking to sell its hospitals in Atlanta and North Carolina. Tenet said, it may seek partners or sell its hospitals Atlanta and North Carolina.

Tenet Healthcare, Baylor Scott & White Health to Jointly Own and Operate Five North Texas Hospitals

Tenet Healthcare announced that it has signed a definitive partnership agreement with Baylor Scott & White Health to provide care through five North Texas hospitals. The partnership will focus on delivering integrated, value-based care to communities in Rockwall, Collin and Dallas counties. Under the new partnership, the two organizations will jointly own Centennial Medical Center, Doctors Hospital at White Rock Lake, Lake Pointe Medical Center, and Texas Regional Medical Center at Sunnyvale - currently owned and operated by a subsidiary of Tenet - and Baylor Medical Center at Garland - currently owned and operated by Baylor Scott & White Health. Baylor Scott & White Health will hold a majority ownership interest in the five hospitals, and all five will operate under the Baylor Scott & White Health brand.

 

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THC Competitors

Market data is delayed at least 15 minutes.

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Industry Analysis

THC

Industry Average

Valuation THC Industry Range
Price/Earnings 100.0x
Price/Sales 0.3x
Price/Book 7.7x
Price/Cash Flow 5.8x
TEV/Sales NM Not Meaningful
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