Last €42.23 EUR
Change Today -0.182 / -0.43%
Volume 0.0
THC1 On Other Exchanges
Symbol
Exchange
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As of 2:16 AM 12/22/14 All times are local (Market data is delayed by at least 15 minutes).

tenet healthcare corp (THC1) Snapshot

Open
€42.23
Previous Close
€42.41
Day High
€42.25
Day Low
€42.22
52 Week High
09/25/14 - €49.61
52 Week Low
04/17/14 - €27.86
Market Cap
4.1B
Average Volume 10 Days
127.8
EPS TTM
--
Shares Outstanding
98.3M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for TENET HEALTHCARE CORP (THC1)

tenet healthcare corp (THC1) Details

Tenet Healthcare Corporation, an investor-owned health care services company, primarily operates acute care hospitals and related health care facilities in the United States. Its general hospitals offer acute care services, operating and recovery rooms, radiology services, respiratory therapy services, clinical laboratories, and pharmacies. The company also provides intensive care, critical care and/or coronary care units, physical therapy, and orthopedic, oncology, and outpatient services; tertiary care services, such as open-heart surgery, neonatal intensive care, and neurosciences; quaternary care services in the areas of heart, liver, kidney, and bone marrow transplants; pediatric and burn services; gamma-knife brain surgery; and cyberknife radiation therapy for tumors and lesions in the brain, lung, neck, and spine. In addition, the company offers operational management for patient access, health information management, revenue integrity, and patient financial services; customized patient communications solutions to optimize the relationship between providers and patients; and management services, such as clinical integration, financial risk management, and population health management. Further, it provides clinical research programs related to cardiovascular disease, pulmonary disease, musculoskeletal disorders, neurological disorders, genitourinary disease, and various cancers, as well as medical device studies. As of December 31, 2013, it operated 77 hospitals with 20,293 beds; 183 outpatient centers; 6 health plans; 6 accountable care networks; and Conifer Health Solutions, LLC, which provides business process solutions to approximately 700 hospital and other clients. Tenet Healthcare Corporation was founded in 1967 and is headquartered in Dallas, Texas.

75,709 Employees
Last Reported Date: 02/24/14
Founded in 1967

tenet healthcare corp (THC1) Top Compensated Officers

Chief Executive Officer, President, Director ...
Total Annual Compensation: $1.2M
Chief Financial Officer
Total Annual Compensation: $484.9K
President of Hospital Operations
Total Annual Compensation: $663.5K
Senior Vice President of Physician Resources
Total Annual Compensation: $417.3K
Senior Vice President and General Counsel
Total Annual Compensation: $411.7K
Compensation as of Fiscal Year 2013.

tenet healthcare corp (THC1) Key Developments

Tenet drops plan to buy Bristol

Tenet Healthcare Corp. (NYSE:THC) cited rules the state imposed on the sales for backing out on proposals to buy Bristol Hospital, Inc., Greater Waterbury Health Network, Inc. and St. Mary hospitals, as well as Eastern Connecticut Health Network, Inc. which includes Manchester Memorial Hospital, Inc. and Rockville General hospitals.

Tenet Healthcare Corp. Names Freda C. Lewis-Hall to Board of Directors

The board of directors of Tenet Healthcare Corporation has appointed Freda C. Lewis-Hall, M.D., executive vice president and chief medical officer of Pfizer Inc., as a new independent director. Dr. Lewis-Hall becomes the board's tenth member. Dr. Lewis-Hall, joined Pfizer as chief medical officer in 2009. Prior to joining the biopharmaceutical industry, she served as vice chairperson and associate professor of the Department of Psychiatry at Howard University College of Medicine and was an advisor to the National Institute of Mental Health.

Tenet Healthcare Corp. Announces Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2014; Revised Earnings Guidance for the Year 2014

Tenet Healthcare Corp. announced unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2014. Net operating revenues, after provision for doubtful accounts, were $4.179 billion, an increase of $238 million from $2.408 billion reported last year, or 6.0%, compared to pro forma net operating revenues of $3.941 billion in the third quarter of 2013. These revenue increases primarily reflect volume growth, improved terms in commercial managed care contracts, and growth in the company's Conifer services businesses. Operating income was $211 million against $148 million reported last year. Income from continuing operations, before income taxes was $1 million against $57 million reported last year. Income from continuing operations, before discontinued operations was $19 million against $41 million reported last year. Income from continuing operations attributable to common shareholders, net of tax was $10 million or $0.10 per diluted share against $33 million or $0.32 per diluted share reported last year. Net Income attributable to common shareholders was $9 million or $0.09 per diluted share against $28 million or $0.27 per diluted share reported last year. Capital expenditures were $211 million against $142 million reported last year. Net cash provided by operating activities was $221 million against $206 million reported last year. Adjusted EBITDA for the third quarter ended September 30, 2014 was $459 million, an increase of $171 million, or 59.4%, compared to $288 million as reported in the third quarter of 2013. The increase in adjusted EBITDA on a pro forma basis is $47 million, or 11.4% compared to pro forma adjusted EBITDA of $412 million in the third quarter of 2013. For the nine months, the company reported net operating revenues of $12,147 million compared to $7,217 million reported in the same period last year. Operating income was $588 million against $496 million reported last year. Income from continuing operations, before income taxes was $6 million against loss from continuing operations, before income taxes of $143 million reported last year. Income from continuing operations, before discontinued operations was $17 million against loss from continuing operations, before discontinued operations of $86 million reported last year. Loss from continuing operations attributable to common shareholders, net of tax was $27 million or $0.27 per diluted share against $106 million or $1.03 per diluted share reported last year. Net loss attributable to common shareholders was $49 million or $0.50 per diluted share against $110 million or $1.07 per diluted share reported last year. Net cash provided by operating activities was $468 million against $334 million reported last year. Capital expenditures were $734 million against $398 million reported last year. Adjusted EBITDA was $1,306 million against $898 million reported last year. The outlook range for 2014 adjusted EBITDA is in a range of $1.90 to $1.95 billion, a $25 million mid-point increase as compared to the company's prior outlook of $1.85 to $1.95 billion. Based on this outlook for 2014 adjusted EBITDA, the outlook for 2014 earnings per share is in a range of $1.26 to $1.78 per share. Income from continuing operations before income taxes is expected between $315 million to $385 million and normalized income from continuing operations is expected between $191 million to $233 million. Net income attributable to common shareholders is expected between $126 million to $178 million. Net cash provided by operating activities is expected between $910 million to $970 million. Adjusted free cash flow -- continuing operations is expected between $50 million to $200 million.

 

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THC1

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Valuation THC1 Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 0.3x
Price/Book 6.9x
Price/Cash Flow 7.0x
TEV/Sales NM Not Meaningful
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