Tenet Healthcare Corporation
Financials
Estimates*
USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
---|---|---|---|---|---|---|---|
Revenues | 17.6b | 19.5b | 19.2b | 20.5b | 20.9b | 21.7b | 22.8b |
% growth | (5 %) | 10 % | (2 %) | 7 % | 1 % | 4 % | 5 % |
EBITDA | 3.2b | 3.5b | 3.5b | 3.6b | 3.9b | 4.1b | 4.3b |
% EBITDA margin | 18 % | 18 % | 18 % | 17 % | 19 % | 19 % | 19 % |
Profit | 399m | 914m | 411m | 611m | 2.9b | 1.0b | 1.1b |
% profit margin | 2 % | 5 % | 2 % | 3 % | 14 % | 5 % | 5 % |
EV / revenue | 1.0x | 1.1x | 1.0x | 1.0x | 1.2x | 1.2x | 1.1x |
EV / EBITDA | 5.5x | 6.3x | 5.6x | 6.0x | 6.6x | 6.3x | 5.9x |
Date | Investors | Amount | Round |
---|---|---|---|
N/A | N/A | IPO | |
* | N/A | $1.5b | Post IPO Debt |
* | N/A | $1.4b | Post IPO Debt |
Total Funding | - |
Recent News about Tenet Healthcare Corporation
EditTenet Healthcare (NYSE: THC) is a prominent player in the U.S. healthcare services industry, employing around 113,000 people. The company operates a vast network of healthcare facilities, including 65 hospitals and approximately 500 other facilities such as surgical hospitals, ambulatory surgery centers, urgent care centers, and imaging centers. This extensive network allows Tenet to provide a wide range of medical services to diverse communities across the country.
Tenet also owns Conifer Health Solutions, which specializes in revenue cycle management and value-based care services. Revenue cycle management involves handling the financial aspects of healthcare, such as billing and payments, to ensure that healthcare providers get paid for their services. Value-based care is a healthcare delivery model in which providers are paid based on patient health outcomes, rather than the volume of services provided. Conifer serves hospitals, health systems, physician practices, employers, and other clients, helping them improve financial performance and patient care quality.
Tenet's business model revolves around delivering high-quality, compassionate care while ensuring operational efficiency. The company makes money primarily through patient services, which include hospital stays, surgeries, and outpatient procedures. Additionally, Conifer Health Solutions generates revenue by providing financial and administrative services to other healthcare providers.
Tenet's vision is to deliver the right care, in the right place, at the right time, aiming to be a top-tier organization for both patients and employees. The company is committed to workforce diversity and the professional development of its staff, ensuring a supportive and enriching work environment.
In summary, Tenet Healthcare is a diversified healthcare services company focused on improving patient outcomes and operational efficiency through a broad network of facilities and specialized financial services.
Keywords: Healthcare, Hospitals, Ambulatory Surgery, Urgent Care, Imaging Centers, Revenue Cycle Management, Value-Based Care, Patient Outcomes, Workforce Diversity, Operational Efficiency.