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Tenet Healthcare Corporation is a for-profit multinational healthcare services company based in Dallas, Texas, United States. Through its brands, subsidiaries, joint ventures, and partnerships, [7] including United Surgical Partners International (USPI), [8] the company operates 65 hospitals and over 450 healthcare facilities. [9]
Outlook: Tenet Healthcare raised its fiscal year 2024 revenues guidance to $20 billion—$20.4 billion, up from prior guidance of $19.9 billion—$20.3 billion and the consensus of $20.37 billion.
In December 2020, Tenet sold North Shore Medical Center to Steward Health Care. [6] On May 5, 2024, The Wall Street Journal reported that Steward Health Care was expected to file for Chapter 11 bankruptcy protection within the coming days, blaming rising costs, insufficient revenue and cash crunches as part of the decision.
While Tenet had ownership of the hospital it was staffed by doctors from the Keck School Of Medicine. In 2006, USC sued Tenet to end the agreement. Three years later in 2009, Tenet Healthcare sold the hospital and USC Norris Cancer Hospital to USC for $275 million, which then allowed USC to fully integrate the hospitals under the Keck Medicine ...
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 ...
(Reuters) - Tenet Healthcare Corp on Monday raised its core-earnings forecast for the year following a strong third quarter, betting on a recovery in surgical procedures from pandemic lows and an ...
Lindy Boggs Medical Center, formerly known as Mercy Hospital and also known as Lindy Boggs Hospital, is a now-abandoned 187-bed acute care hospital operated by Tenet Healthcare located in Mid-City New Orleans, Louisiana. The hospital provided many services, including emergency care, critical care, and organ transplantation services.
Tenet Healthcare acquired the center in 2003 and sold it, along with Keck Hospital of USC, to USC in 2009 for $275 million after three years of litigation between the parties. Philanthropic Endowment and Support. In September 2015, film producer Nancy Bernstein supported the Call to Cure Fund at Norris.