Tenet Healthcare

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.

Company Growth (employees)
Type
Public
HQ
Dallas, US
Founded
1967
Size (employees)
100,100 (est)-3%
Tenet Healthcare was founded in 1967 and is headquartered in Dallas, US

Key People at Tenet Healthcare

Daniel Cancelmi

Daniel Cancelmi

Chief Financial Officer
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

Tenet Healthcare Office Locations

Tenet Healthcare has offices in Dallas, Miami, Worcester, Detroit and in 23 other locations
Dallas, US (HQ)
1400 1445 Ross Ave

Tenet Healthcare Metrics

Tenet Healthcare Financial Metrics

Revenue (2016)

$19.6 b

Revenue growth (2015-16), %

5%

Net income (2016)

$176 m

Market capitalization (21-Mar-2017)

$1.7 b

Closing share price (21-Mar-2017)

$17.5

Cash (31-Dec-2016)

$716 m
Tenet Healthcare's current market capitalization is $1.7 b.
Tenet Healthcare's revenue was reported to be $19.6 b in FY, 2016 which is a 5.3% increase from the previous period.
FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

$11.1 b$16.6 b$18.6 b$19.6 b

Revenue growth, %

50%12%5%

EBIT

$663 m$925 m$1.1 b$1.2 b

EBIT margin, %

6%6%6%6%

Net Income

($104 m)$76 m$78 m$176 m
FY, 2013FY, 2014FY, 2015FY, 2016

Cash

$113 m$193 m$356 m$716 m

Current Assets

$3.7 b$4.7 b$5.2 b$5.3 b

Goodwill

$3 b$3.9 b$7 b$7.4 b

Total Assets

$16.1 b$18.1 b$23.7 b$24.7 b

Accounts Payable

$1.1 b$1.2 b$1.4 b$1.3 b

Total Debt

$10.8 b$11.8 b$14.5 b$15.3 b

Current Liabilities

$2.9 b$3.6 b$4.3 b$4 b

Additional Paid-in Capital

$4.6 b$4.6 b$4.8 b$4.8 b

Retained Earnings

($1.4 b)($1.4 b)($1.6 b)($1.7 b)

Total Equity

$878 m$785 m$958 m$1.1 b

Debt to Equity Ratio

12.3 x15 x15.1 x14.1 x

Debt to Assets Ratio

0.7 x0.7 x0.6 x0.6 x

Financial Leverage

18.4 x23.1 x24.7 x22.8 x
FY, 2013FY, 2014FY, 2015FY, 2016

Net Income

($104 m)$76 m$78 m$176 m

Accounts Receivable

($1.1 b)

Accounts Payable

$1.2 b$1.4 b$1.3 b

Cash From Operating Activities

$589 m

Cash From Investing Activities

($2.2 b)

Cash From Financing Activities

$1.3 b

Income Taxes Paid

Tenet Healthcare Market Value History

Tenet Healthcare Job Categories

Tenet Healthcare Online Presence

Tenet Healthcare Company Life

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