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On Tuesday, Tenet Healthcare Corporation (NYSE:THC) reported first-quarter sales of $5.37 billion, up around 7% year over year, beating the consensus of $5.15 billion. Tenet Healthcare operates ...
In 2008, Tenet launched Conifer Health Solutions, a healthcare services company. As of 2018, Conifer served approximately 800 clients in the United States and processed $30 billion in net revenue annually. In early 2009, the price of Tenet stock briefly dipped below $4 per share after cresting above $200 per share in 2002.
Let's see if Tenet Healthcare Corporation (THC) stock is a good choice for value-oriented investors right now, or if investors subscribing to this methodology should look elsewhere for top picks.
Based in Dallas, Tenet Healthcare is a behemoth with 58 acute care hospitals and 648 health care facilities in its portfolio. Its total revenue in 2023 was $19.5 billion. These guys are huge.
Community Health Systems (CHS) is a Fortune 500 company based in Franklin, Tennessee. It was the largest provider of general hospital healthcare services in the United States in terms of number of acute care facilities.
HCA Healthcare, Inc. is an American for-profit operator of health care facilities that was founded in 1968. It is based in Nashville, Tennessee, and, as of May 2020, owned and operated 186 hospitals and approximately 2,000 sites of care, including surgery centers, freestanding emergency rooms, urgent care centers and physician clinics in 21 states and the United Kingdom.
The hospital operator sees its 2023 core earnings in the range of $3.31 billion to $3.46 billion, compared with its previous forecast of $3.2 billion to $3.4 billion. Hospital operators are ...
Tenet Healthcare's (THC) third-quarter results are likely to reflect weaker revenues, partially offset by higher contribution from its Conifer segment.