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Tenet Healthcare

OverviewSuggest Edit

Tenet Healthcare Corporation is a diversified healthcare services company. It operates a variety of healthcare facilities, including surgical hospitals, ambulatory surgery centers, urgent care centers, imaging centers, and other care sites and clinics. Tenet Healthcare's general hospitals offer acute care services, operating and recovery rooms, radiology services, respiratory therapy services, clinical laboratories and pharmacies, and more.

Type	Public
Founded	1969
HQ	Dallas, US	Map
Website	tenethealth.com
Employee Ratings	3	More
Overall Culture	B-	More

View Jobs (4,525)

Locations

Tenet Healthcare is headquartered in
Dallas, United States

Location Map

All Locations (1)

Latest Updates

Employees (est.) (Dec 2019)	88,608	(-1%)
Job Openings	4,525
Revenue (FY, 2019)	$18.5 B
Share Price (Nov 2020)	$31.8	(-1%)
Cybersecurity rating	D	More

Key People/Management at Tenet Healthcare

Ronald A. Rittenmeyer

Ronald A. Rittenmeyer

Executive Chairman and CEO

Daniel Cancelmi

Daniel Cancelmi

Executive Vice President & Chief Financial Officer

Marie Quintana

Marie Quintana

Executive Vice President of Communications & Chief Marketing Officer

Howard Hacker

Howard Hacker

Executive Vice President & Chief Compliance Officer

Ernest Franklin

Ernest Franklin

Chief Medical Operations Officer

Theresa Horne

Theresa Horne

Chief Nursing Officer

Tenet Healthcare Office Locations

Tenet Healthcare has an office in Dallas

Dallas, US (HQ)

14201 Dallas Parkway

Tenet Healthcare Financials and Metrics

Tenet Healthcare Revenue

Tenet Healthcare's revenue was reported to be $18.48 b in FY, 2019

Summary

Tenet Healthcare's current market capitalization is $3.4 b.

Income Statement

Annual

USD	FY, 2010	FY, 2011	FY, 2012	FY, 2013	FY, 2014	FY, 2015	FY, 2016	FY, 2017	FY, 2018	FY, 2019
Revenue				11.1b	16.6b	18.6b	19.6b		18.3b	18.5b
Revenue growth, %					50%	12%	5%
Operating expense total	1.9b	2.1b	14.0m					4.6b	4.3b	4.2b
Depreciation and amortization								870.0m	802.0m	850.0m

Quarterly

USD	Q2, 2010	Q3, 2010	Q1, 2011	Q1, 2012	Q2, 2012	Q3, 2012	Q1, 2013	Q2, 2013	Q3, 2013	Q1, 2014	Q2, 2014	Q3, 2014	Q1, 2015	Q2, 2015	Q3, 2015	Q1, 2016	Q2, 2016	Q3, 2016	Q1, 2017	Q2, 2017	Q3, 2017	Q1, 2018	Q2, 2018	Q3, 2018	Q1, 2019	Q3, 2019	Q1, 2020	Q2, 2020	Q3, 2020
Revenue														4.7b	4.7b	5.0b	4.9b	4.8b					4.5b	4.5b	4.5b	4.6b	4.5b	3.6b	4.6b
Operating expense total	498.0m	505.0m	506.0m	553.0m	534.0m	539.0m	10.0m	567.0m	575.0m	999.0m	(209.0m)	(212.0m)	1.1b	(166.0m)	1.2b	1.2b	1.2b	1.2b	1.2b	1.2b	1.1b	1.1b			1.1b	1.0b	1.0b	983.0m	1.1b
Depreciation and amortization									119.0m	193.0m	209.0m	207.0m	207.0m	197.0m	185.0m	212.0m	215.0m	205.0m	221.0m	222.0m	219.0m	204.0m	194.0m	204.0m	208.0m	205.0m	203.0m	206.0m	215.0m
EBIT	171.0m	97.0m	259.0m	205.0m	180.0m	153.0m	146.0m	202.0m	148.0m	170.0m	207.0m	211.0m	290.0m	164.0m	287.0m	347.0m	267.0m	333.0m	267.0m	310.0m	51.0m	517.0m	406.0m	320.0m	371.0m	294.0m	327.0m	471.0m	271.0m

Balance Sheet

Annual

USD	FY, 2010	FY, 2011	FY, 2012	FY, 2013	FY, 2014	FY, 2015	FY, 2016	FY, 2017	FY, 2018	FY, 2019
Cash	405.0m	113.0m	364.0m	113.0m	193.0m	356.0m	716.0m	611.0m	411.0m	262.0m
Accounts Receivable	1.1b	1.3b	1.3b					2.6b	2.6b	2.7b
Prepaid Expenses	288.0m	73.0m	76.0m					1.0b	1.2b	1.4b
Inventories	156.0m	161.0m	153.0m					289.0m	305.0m	310.0m

Quarterly

USD	Q2, 2010	Q3, 2010	Q1, 2011	Q2, 2011	Q3, 2011	Q1, 2012	Q2, 2012	Q3, 2012	Q1, 2013	Q2, 2013	Q3, 2013	Q1, 2014	Q2, 2014	Q3, 2014	Q1, 2015	Q2, 2015	Q3, 2015	Q1, 2016	Q2, 2016	Q3, 2016	Q1, 2017	Q2, 2017	Q3, 2017	Q1, 2018	Q2, 2018	Q3, 2018	Q1, 2019	Q3, 2019	Q1, 2020	Q2, 2020	Q3, 2020
Cash	711.0m	398.0m	267.0m	264.0m	185.0m	104.0m	82.0m	83.0m	95.0m	90.0m	82.0m	141.0m	406.0m	200.0m	185.0m	299.0m	450.0m	728.0m	656.0m	649.0m	572.0m	475.0m	429.0m	974.0m	403.0m	500.0m	252.0m	314.0m	613.0m	3.5b	3.3b
Accounts Receivable	1.2b	1.1b	1.2b	1.3b	1.2b	1.4b	1.4b	1.3b	1.4b	1.4b	1.4b	2.1b	2.2b	2.2b	2.5b	2.5b	2.5b	2.8b	2.7b	2.8b	3.0b	2.7b	2.6b	2.5b	2.5b	2.5b	2.7b	2.8b	2.7b	2.4b	2.5b
Prepaid Expenses	271.0m	415.0m	412.0m	375.0m	357.0m	386.0m	509.0m	502.0m	455.0m	600.0m	583.0m	839.0m	700.0m	746.0m	1.1b	1.1b	1.2b	1.3b	1.3b	1.3b	1.2b	1.2b	1.2b	1.2b			1.3b	1.4b
Inventories	152.0m	152.0m	156.0m	156.0m	157.0m	157.0m	154.0m	154.0m	152.0m	153.0m	154.0m	261.0m	264.0m	270.0m	268.0m	261.0m	275.0m	312.0m	316.0m	322.0m	324.0m	316.0m	297.0m	294.0m			308.0m	311.0m	324.0m	337.0m	349.0m

Cash Flow

Annual

USD	FY, 2010	FY, 2011	FY, 2012	FY, 2013	FY, 2014	FY, 2015	FY, 2016	FY, 2017	FY, 2018	FY, 2019
Net Income	1.1b	94.0m	133.0m	(104.0m)	76.0m	78.0m	176.0m	(320.0m)	466.0m	154.0m
Depreciation and Amortization	394.0m	413.0m	430.0m					870.0m	802.0m	850.0m
Accounts Payable	(84.0m)	(35.0m)	9.0m		1.2b	1.4b	1.3b	(10.0m)	(152.0m)	36.0m
Cash From Operating Activities	472.0m	497.0m	593.0m	589.0m				1.2b	1.0b	1.2b

Quarterly

USD	Q2, 2010	Q3, 2010	Q1, 2011	Q2, 2011	Q3, 2011	Q1, 2012	Q2, 2012	Q3, 2012	Q1, 2013	Q2, 2013	Q3, 2013	Q1, 2014	Q2, 2014	Q3, 2014	Q1, 2015	Q2, 2015	Q3, 2015	Q1, 2016	Q2, 2016	Q3, 2016	Q1, 2017	Q2, 2017	Q3, 2017	Q1, 2018	Q2, 2018	Q3, 2018	Q1, 2019	Q3, 2019	Q1, 2020	Q2, 2020	Q3, 2020
Net Income	113.0m	1.0b	73.0m	128.0m	134.0m	67.0m	47.0m	79.0m	(83.0m)	(126.0m)	(90.0m)	(16.0m)	(23.0m)	(5.0m)	76.0m	48.0m	76.0m	34.0m	73.0m	153.0m	36.0m	68.0m	(221.0m)	191.0m	299.0m	364.0m	65.0m	25.0m	159.0m	328.0m	222.0m
Depreciation and Amortization	192.0m	293.0m	101.0m	205.0m	308.0m	104.0m	204.0m	314.0m	114.0m	235.0m	354.0m	193.0m	402.0m	609.0m	207.0m	404.0m	589.0m	212.0m	427.0m	632.0m	221.0m	443.0m	662.0m	204.0m	398.0m	602.0m	208.0m	627.0m	244.0m	409.0m	624.0m
Accounts Payable	(164.0m)	(146.0m)	(44.0m)	(118.0m)	(98.0m)	(110.0m)	23.0m	(23.0m)	(138.0m)	(65.0m)	(44.0m)	29.0m	(32.0m)	120.0m	(200.0m)	(267.0m)	39.0m	(114.0m)	(106.0m)	(35.0m)	(161.0m)	(345.0m)	(141.0m)	(183.0m)			(109.0m)	(37.0m)	(144.0m)	1.2b	1.5b
Cash From Operating Activities	169.0m	297.0m	(2.0m)	176.0m	324.0m	(42.0m)	201.0m	337.0m	(32.0m)	128.0m	334.0m	(19.0m)	247.0m	468.0m	(57.0m)	353.0m	835.0m	147.0m	582.0m	851.0m	186.0m	401.0m	709.0m	113.0m	461.0m	799.0m	10.0m	713.0m	129.0m	2.4b	3.0b

Ratios

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Tenet Healthcare Cybersecurity Score

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Tenet Healthcare Environment, Social & Governance (ESG) Ratings

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Competitors

Healthcare - Public

McKesson Europe

Healthcare - Public

Envision Healthcare

Healthcare - Private

Universal Health Services

Healthcare - Public

Healthcare - Public

Compare competitors

Tenet Healthcare Online and Social Media Presence

6 Months

Tenet Healthcare has 5.86k Twitter Followers. The number of followers has increased 0.6% quarter over quarter

Embed Graph

Twitter Engagement Stats for @tenethealth

2.1k

Tweets

178

Following

5.9k

Followers

3

Tweets last 30 days

0

Avg. likes per Tweet

0%

Tweets with engagement

Overall Culture
B-
68/100
CEO Rating
D
60/100
Compensation
B-
67/100
Diversity
B
70/100

Learn more on Comparably

Tenet Healthcare Frequently Asked Questions

When was Tenet Healthcare founded?
Tenet Healthcare was founded in 1969.
Who are Tenet Healthcare key executives?
Tenet Healthcare's key executives are Ronald A. Rittenmeyer, Daniel Cancelmi and Marie Quintana.
How many employees does Tenet Healthcare have?
Tenet Healthcare has 88,608 employees.
What is Tenet Healthcare revenue?
Latest Tenet Healthcare annual revenue is $18.5 b.
What is Tenet Healthcare revenue per employee?
Latest Tenet Healthcare revenue per employee is $208.5 k.
Who are Tenet Healthcare competitors?
Competitors of Tenet Healthcare include Mednax, McKesson Europe and Envision Healthcare.
Where is Tenet Healthcare headquarters?
Tenet Healthcare headquarters is located at 14201 Dallas Parkway, Dallas.
Where are Tenet Healthcare offices?
Tenet Healthcare has an office in Dallas.
How many offices does Tenet Healthcare have?
Tenet Healthcare has 1 office.

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