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At Tenet, our business is healthcare. Our mission is to improve the quality of life of every patient who enters our doors and our approach makes us unique and defines our future. Tenet Healthcare Corporation is a diversified healthcare services company with more than 130,000 employees united around a common mission: to help people live happier, healthier lives.

Through its subsidiaries, partnerships and joint ventures, including United Surgical Partners International (USPI), the company operates 87 general acute care hospitals, 20 short-stay surgical hospitals and over 440 outpatient centers in the United States, as well as nine facilities in the United Kingdom. Tenet’s Conifer Health Solutions subsidiary provides technology-enabled performance improvement and health management solutions to hospitals, health systems, integrated delivery networks (IDN), physician groups, self-insured organizations and health plans.

Tenet has the resources and expertise to meet the healthcare challenges of the 21st century. Our caregivers and facilities are providing greater value and a wider range of services to the communities that we serve. As we seek to improve the quality of our patients’ lives, to serve our communities and to provide an exceptional environment for our employees and affiliated physicians, we are guided by five core values: quality, integrity, service, innovation and transparency.

These values are the reasons our patients and physicians choose us, and we seek relationships with those who share them. We take pride in recruiting and retaining the best professionals in the industry. Our investment in our people and our communities is evident in the extraordinary work we do each day by making a difference in the lives of those we serve.

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TypePublic
Founded1967
HQDallas, US
Websitetenethealth.com
Employee Ratings3

Locations

Tenet Healthcare is headquartered in
Dallas, United States

Location Map

Latest Updates

Employees (est.) (Feb 2019)98,140
Job Openings5,888
Revenue (FY, 2017)$19.2 B(-2%)
Share Price (Feb 2019)$23.4 (+3%)

Key People/Management at Tenet Healthcare

Daniel Cancelmi

Daniel Cancelmi

CFO
Octavio Diaz

Octavio Diaz

Chief Medical Officer
Trevor Fetter

Trevor Fetter

Chairman & Chief Executive Officer
Dian Adams

Dian Adams

VP, Patient Care Services and Chief Nursing Officer
Paul Browne

Paul Browne

Chief Information Officer and SVP, Applied Informatics
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Tenet Healthcare Office Locations

Tenet Healthcare has offices in Dallas, Chicago, Louisville, Little Rock and in 35 other locations
Dallas, US (HQ)
1400 1445 Ross Ave
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Tenet Healthcare Financials and Metrics

Tenet Healthcare Revenue

Tenet Healthcare's revenue was reported to be $19.18 b in FY, 2017
USD

Revenue (Q3, 2018)

4.5b

Net income (Q3, 2018)

65.0m

EBIT (Q3, 2018)

320.0m

Market capitalization (12-Feb-2019)

2.4b

Closing stock price (12-Feb-2019)

23.4

Cash (30-Sep-2018)

500.0m

EV

16.7b
Tenet Healthcare's current market capitalization is $2.4 b.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

11.1b16.6b18.6b19.6b19.2b

Revenue growth, %

50%12%5%

Depreciation and amortization

870.0m

EBIT

663.0m925.0m1.1b1.2b1.1b
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Revenue

3.9b4.0b4.2b4.4b4.5b4.7b5.0b4.9b4.8b4.8b4.8b4.6b4.7b4.5b4.5b

Operating expense total

(2.0m)

Depreciation and amortization

119.0m193.0m209.0m207.0m197.0m185.0m212.0m215.0m205.0m221.0m222.0m219.0m204.0m194.0m204.0m

EBIT

148.0m170.0m207.0m211.0m290.0m164.0m287.0m347.0m267.0m333.0m267.0m310.0m51.0m517.0m406.0m320.0m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

113.0m193.0m356.0m716.0m611.0m

Current Assets

3.7b4.7b5.2b5.3b5.6b

Goodwill

3.0b3.9b7.0b7.4b7.0b

Total Assets

16.1b18.1b23.7b24.7b23.4b
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Cash

82.0m141.0m406.0m200.0m185.0m299.0m450.0m728.0m656.0m649.0m572.0m475.0m429.0m974.0m403.0m500.0m

Accounts Receivable

2.5b2.5b2.5b

Current Assets

2.6b4.0b4.2b4.2b5.1b6.0b6.3b5.1b5.0b5.1b5.1b5.4b5.3b5.6b4.7b4.5b

Goodwill

1.1b3.1b3.2b3.7b3.9b6.6b6.6b7.1b7.3b7.4b7.4b7.2b7.0b7.0b7.2b7.3b
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

(104.0m)76.0m78.0m176.0m(320.0m)

Depreciation and Amortization

870.0m

Accounts Payable

1.2b1.4b1.3b

Cash From Operating Activities

589.0m1.2b
USDY, 2018

EV/EBIT

52.3 x

EV/CFO

21 x

Debt/Equity

22.6 x

Debt/Assets

0.7 x

Financial Leverage

33.8 x
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Tenet Healthcare Online and Social Media Presence

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Tenet Healthcare Company Life and Culture

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Tenet Healthcare Frequently Asked Questions

  • When was Tenet Healthcare founded?

    Tenet Healthcare was founded in 1967.

  • Who are Tenet Healthcare key executives?

    Tenet Healthcare's key executives are Daniel Cancelmi, Octavio Diaz and Trevor Fetter.

  • How many employees does Tenet Healthcare have?

    Tenet Healthcare has 98,140 employees.

  • What is Tenet Healthcare revenue?

    Latest Tenet Healthcare annual revenue is $19.2 b.

  • What is Tenet Healthcare revenue per employee?

    Latest Tenet Healthcare revenue per employee is $195.4 k.

  • Who are Tenet Healthcare competitors?

    Competitors of Tenet Healthcare include Select Medical, Universal Health Services and Envision Healthcare.

  • Where is Tenet Healthcare headquarters?

    Tenet Healthcare headquarters is located at 1400 1445 Ross Ave, Dallas.

  • Where are Tenet Healthcare offices?

    Tenet Healthcare has offices in Dallas, Chicago, Louisville, Little Rock and in 35 other locations.

  • How many offices does Tenet Healthcare have?

    Tenet Healthcare has 39 offices.