Tenet Healthcare Overview

  • Founded
  • 1969

Founded
  • Status
  • Public

  • Employees
  • 101,100

Employees
  • Stock Symbol
  • THC

Stock Symbol
  • Investments
  • 41

  • Share Price
  • $66.61

  • (As of Monday Closing)

Tenet Healthcare General Information

Description

Tenet Healthcare is a Dallas-based healthcare services organization. It operates a collection of hospitals (60 as of March 2022) and about 550 ambulatory surgery centers and other outpatient facilities across the U.S., primarily in the south. Through its Conifer segment, Tenet also provides revenue cycle management solutions. By adjusted EBITDA excluding grant income, hospitals accounted for about 55%, ambulatory services accounted for 35% and Conifer accounted for about 10% of Tenet in 2021.

Contact Information

Formerly Known As
National Medical Enterprises
Ownership Status
Publicly Held
Financing Status
Corporation
Primary Industry
Hospitals/Inpatient Services
Other Industries
Clinics/Outpatient Services
Stock Exchange
NYS
Primary Office
  • 14201 Dallas Parkway
  • Dallas, TX 75254
  • United States
+1 (469) 000-0000

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Tenet Healthcare Stock Performance

(As of Monday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$66.61 $66.98 $50.37 - $92.65 $7.19B 108M 1.63M $8.16

Tenet Healthcare Financials Summary

In Thousands,
USD
TTM 30-Jun-2022 FY 2021 31-Dec-2021 FY 2020 31-Dec-2020 FY 2019 31-Dec-2019
EV 22,465,895 23,554,113 19,004,296 20,965,134
Revenue 19,133,000 19,485,000 17,640,000 18,479,000
EBITDA 3,671,000 3,666,000 2,531,000 2,155,000
Net Income 876,000 914,000 399,000 (215,000)
Total Assets 26,621,000 27,579,000 27,106,000 23,365,000
Total Debt 15,072,000 15,646,000 15,719,000 14,751,000
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Tenet Healthcare Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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Tenet Healthcare Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last Financing Details
Tenet Healthcare is a Dallas-based healthcare services organization. It operates a collection of hospitals (60 as of Mar
Hospitals/Inpatient Services
Dallas, TX
101,100 As of 2021
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Birmingham, AL
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King of Prussia, PA
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Tenet Healthcare Competitors (24)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Encompass Health Formerly VC-backed Birmingham, AL 00000 00000000000
000000000 000000 0 Corporation King of Prussia, PA 00000 000 000000 - 000 000
000000 0000000000 Formerly PE-Backed Franklin, TN 00000 00.000 000000000000
000000 0000000 000 Formerly PE-Backed Mechanicsburg, PA 00000 00000 000000 - 000 00000
000 0000000000 000 Formerly PE-Backed Nashville, TN 000000 0000 000000000 0000
You’re viewing 5 of 24 competitors. Get the full list »

Tenet Healthcare Patents

Tenet Healthcare Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20090141853-A1 Protective shield for ct scanning machine Abandoned 30-Nov-2007 000000000 00

Tenet Healthcare Executive Team (39)

Name Title Board Seat Contact Info
Saumya Sutaria MD Chief Executive Officer & Board Member
Daniel Cancelmi Chief Financial Officer, Finance & Executive Vice President
Sabrina High Chief Strategy Officer
R. Ramsey Chief Accounting Officer, Controller, Senior Vice President
Paola Arbour Chief Information Officer & Executive Vice President
You’re viewing 5 of 39 executive team members. Get the full list »

Tenet Healthcare Board Members (22)

Name Representing Role Since
000000 000000 Self Board Member 000 0000
00000 00000 Tenet Healthcare Board Member 000 0000
00000000000 00000 Tenet Healthcare Board Member 000 0000
0. 000000 Tenet Healthcare Board Member 000 0000
00000 0000000 Self Board Member 000 0000
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Tenet Healthcare Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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Tenet Healthcare Investments & Acquisitions (41)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
0000000000 00 22-Dec-2021 000000000 00.00 Buildings and Property 000000 00
000000000 000 16-Feb-2021 0000 00000 Diagnostic Equipment
0000000000 00 10-Dec-2020 000000000 00.00 Buildings and Property 000000 00
000000 000000 26-Apr-2018 000000000 00000 Hospitals/Inpatient Services 000000 00
Four Hospitals (North Texas) 04-Jan-2016 Joint Venture Clinics/Outpatient Services 000000 00
You’re viewing 5 of 41 investments and acquisitions. Get the full list »

Tenet Healthcare Subsidiaries (12)

Company Name Industry Location Founded
Surgicare of Miramar Clinics/Outpatient Services Miramar, FL 2010
0000000 000000 000 Other Healthcare Services Frisco, TX 0000
0000000 0000000 00 Hospitals/Inpatient Services FL 0000
00000000 00000000 Hospitals/Inpatient Services Baton Rouge, LA 0000
000000 00000000 00 Hospitals/Inpatient Services Dallas, TX 0000
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Tenet Healthcare Exits (20)

Company Name Exit Date Exit Type Exit Size Status Buyers
000000000 0000000 16-Feb-2021 0000 00000 Completed
  • 7 buyers
00000 0000000000 16-Jun-2015 000000000000000000 00000 Completed
  • 00000 0000000000
00000 0000000000 ( 01-Oct-2013 000000000 00000 00 Completed
  • 00000 0000000000
0000000 17-Nov-2003 00000 00000 00 000 Completed
  • 4 buyers
Zonare Medical Systems 04-Aug-2003 Later Stage VC 000.00 Completed
  • 7 buyers
You’re viewing 5 of 20 exits. Get the full list »