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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Type
Public
HQ
Dallas, US
Founded
1967
Size (employees)
100,100 (est)
Tenet Healthcare was founded in 1967 and is headquartered in Dallas, US
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Key People/Management 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 Tampa, Chicago, Philadelphia, Los Angeles and in 34 other locations
Dallas, US (HQ)
1400 1445 Ross Ave
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Tenet Healthcare Financials and Metrics

Tenet Healthcare Financials

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

Revenue (Q1, 2018)

4.7 b

Net income (Q1, 2018)

191 m

EBIT (Q1, 2018)

517 m

Market capitalization (23-May-2018)

3.4 b

Closing share price (23-May-2018)

33.2

Cash (31-Mar-2018)

974 m

EV

17.3 b
Tenet Healthcare's current market capitalization is $3.4 b.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

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

Revenue growth, %

50%12%5%

Depreciation and amortization

870 m

EBIT

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

Revenue

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

Depreciation and amortization

204 m

EBIT

148 m170 m207 m211 m290 m164 m287 m347 m267 m333 m267 m310 m517 m

EBIT margin, %

4%5%5%7%4%6%7%5%7%6%6%11%
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

113 m193 m356 m716 m611 m

Current Assets

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

Goodwill

3 b3.9 b7 b7.4 b7 b

Total Assets

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

Cash

82 m141 m406 m200 m185 m299 m450 m728 m656 m649 m572 m475 m974 m

Accounts Receivable

2.5 b

Current Assets

2.6 b4 b4.2 b4.2 b5.1 b6 b6.3 b5.1 b5 b5.1 b5.1 b5.4 b5.6 b

Goodwill

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

Net Income

(104 m)76 m78 m176 m(320 m)

Depreciation and Amortization

870 m

Accounts Payable

1.2 b1.4 b1.3 b

Cash From Operating Activities

589 m1.2 b
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q1, 2018

Net Income

36 m(16 m)(7 m)18 m76 m191 m

Depreciation and Amortization

119 m193 m209 m207 m207 m204 m

Cash From Operating Activities

113 m

Cash From Investing Activities

373 m
USDY, 2018

EV/EBIT

33.5 x

EV/CFO

153.1 x

Financial Leverage

37.6 x
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