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Tenet Healthcare Corp. (THC) is in the Health Care Industry

Revenue
Dec 31 2007
$8.8B
Profit
Dec 31 2007
($89.0M)
Market Cap
Jul 17 2008
$2.7B

Latest News and Analysis

Additional Resources

  • Medical Properties Trust Announces Acquisitions and Financing Transactions

    BIRMINGHAM, Ala. -- Medical Properties Trust, Inc. (NYSE: MPW) announced today that it has made investments in five new hospital facilities for an aggregate of approximately $92.6 million. The Company entered into a $60 million financing arrangement with affiliates of Prime Healthcare Services, Inc. related to three southern California hospital...

    Articles 2008-07-08

  • Michael R. Blackburn Named CEO At Frye Regional Medical Center

    DALLAS -- Tenet Healthcare Corporation (NYSE: THC) today announced the appointment of Michael R. Blackburn as chief executive officer of Tenet's Frye Regional Medical Center, a 355-bed acute care medical center located in Hickory, N.C., effective Aug. 4, 2008. Blackburn, 56, is an accomplished senior executive with more than 30...

    Articles 2008-07-08

  • Tenet Resolves Litigation with HCP

    Settlement Agreement Ends Dispute with Hospital Lessor, HCP, Inc. Tenet Will Continue to Operate Four Hospitals Leased from HCP Leases at Two HCP-Owned Hospitals Will Not Be Renewed DALLAS -- Tenet Healthcare Corporation (NYSE: THC) announced it has reached a settlement with HCP, Inc....

    Articles 2008-07-01

  • Research and Markets: Essential Report on IT Sales Opportunities for Tenet Healthcare Corporation out Now

    DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/research/60e8ea/tenet_healthcare_c) has announced the addition of the "Tenet Healthcare Corporation - IT Sales Opportunities - 2008" report to their offering. Tenet Healthcare Corporation is an investor-owned healthcare services company, whose subsidiaries and affiliates primarily operate general hospitals and related healthcare facilities, and...

    Articles 2008-07-01

  • Tenet Completes Sales of Two California Hospitals

    Sales Prices Totaled Approximately $41 Million DALLAS -- Tenet Healthcare Corporation (NYSE: THC) today announced that company subsidiaries have completed the previously disclosed sales of two acute care hospitals in California - 167-bed Garden Grove Hospital and Medical Center and 93 - bed San Dimas Community Hospital -...

    Articles 2008-06-30

  • Daniel Bowers Named CEO at John F. Kennedy Memorial Hospital

    DALLAS -- Tenet Healthcare Corporation (NYSE: THC) today announced Dan Bowers as chief executive officer of John F. Kennedy Memorial Hospital, a 145-bed acute care regional medical center located in Indio, Calif. He will report to Jeffrey Flocken, senior vice president of operations for Tenet's California region. "I...

    Articles 2008-06-27

  • New Agreement with MultiPlan and PHCS Includes All Tenet Hospitals

    12 Hospitals Added to PHCS and/or MultiPlan Networks DALLAS -- Tenet Healthcare Corporation (NYSE:THC) today announced that it has signed a multi-year agreement with MultiPlan, Inc., which includes participation in both the MultiPlan and PHCS formerly Private Healthcare Systems networks. The agreement includes all Tenet hospitals, outpatient and...

    Articles 2008-06-26

  • Tenet to Sell Interest in Broadlane

    Proceeds Will Be Approximately $155 Million DALLAS -- Tenet Healthcare Corporation (NYSE: THC) today announced that it will be selling its entire interest in Broadlane, Inc. as part of a definitive agreement reached for TowerBrook Capital Partners L.P. to acquire a majority interest in Broadlane. Tenet's proceeds from...

    Articles 2008-06-23

  • New Analyst Reports for TENET HEALTHCARE CORPORATION, MEDTRONIC INC, BAXTER INTERNATIONAL INC, and ELAN CORP

    MaybachFinancial.com is one of the fastest growingindependent and unbiased research firms in the world. Through our numerouspartnerships with many of the top investment minds in the world, we provideresearch on companies making a move in the markets. Investors seekinggenuine analyst opinions on their investments TENET HEALTHCARE CORPORATION(NYSE: THC), MEDTRONIC INC...

    Articles 2008-06-16

  • Hospital sale

    HOSPITAL SALE: Tenet Healthcare Corp. has sold three of its Southern California hospitals to Prime Healthcare Management Services Inc. Dallas-based Tenet said it sold the Encino campus of its Encino-Tarzana Regional Medical Center, a 151-bed acute care hospital, to Victorville-based Prime Healthcare. Also sold were Tenet's 167-bed Garden Grove Hospital...

    Articles 2008-06-09

  • Prime Healthcare Services Intends to Continue Managed Care Contracts at San Dimas & Garden Grove Hospitals

    VICTORVILLE, Calif. -- Prime Healthcare Services entered into agreement to acquire from Tenet Healthcare Corp. Tenet, 167-bed Garden Grove hospital Medical Center and 64-bed San Dimas Community Hospital. The Garden Grove & San Dimas transactions are subject to customary, regulatory approval and are expected to be completed in approximately sixty...

    Articles 2008-06-06

  • Tenet Announces Sale of Three Hospitals to Prime Healthcare Management, Inc

    DALLAS -- Tenet Healthcare Corporation (NYSE: THC) today announced that a company subsidiary has completed the sale of the Encino campus of Encino-Tarzana Regional Medical Center, a 151-bed acute care hospital located in the Los Angeles area, to Prime Healthcare Services of Victorville, Calif. The sales price was not disclosed....

    Articles 2008-06-02

  • Prime Healthcare Services to Acquire Three Hospitals from Tenet Healthcare Corporation

    VICTORVILLE, Calif., June 2 /PRNewswire/ -- Prime Healthcare Services ("Prime Healthcare"), has acquired the 151-bed Encino Campus of Encino-Tarzana Regional Medical Center from Tenet Healthcare Corporation ("Tenet") effective June 1 and will operate the hospital as Encino Hospital Medical Center. Prime Healthcare also has entered into a definitive agreement...

    Articles 2008-06-02

  • Tenet Investor Day Meeting to be Web Cast on June 3

    DALLAS -- Tenet Healthcare Corporation (NYSE: THC) announced today that its Investor Day meeting, scheduled for Tuesday, June 3, will be accessible via a live Web cast through Tenet's Web site at www.tenethealth.com. The Web cast will also be archived for later playback through the company Web site. ...

    Articles 2008-05-29

  • Former Health and Human Services Counsel and Senior Hospital Executive Joins Alvarez & Marsal

    Peter Urbanowicz Named a Senior Adviser in the Firm's Healthcare Industry Group NEW YORK -- Alvarez & Marsal (A&M), the leading independent global professional services firm specializing in turnaround management and performance improvement, announced that Peter Urbanowicz has joined the firm as a senior adviser to its Healthcare...

    Articles 2008-05-27

  • Tenet Launches Online Bill Pay Solution from NCR

    Application Simplifies Bill Payment for Patients, Improves Cash Flow DALLAS -- Tenet Healthcare Corporation (NYSE:THC) today announced that it will now offer patients at its hospitals the convenience of paying for hospital bills online. Dallas-based Tenet, which operates 53 hospitals in 12 states, deployed Online Bill Pay from...

    Articles 2008-05-22

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  • Incorporated: 1968
  • CEO: Mr. Trevor Fetter

Tenet Healthcare is a health care services company whose subsidiaries and affiliates operate general hospitals and related health care facilities, and also hold investments in other companies. At Dec 31 2007, Co.'s subsidiaries operated 57 general hospitals, a cancer hospital and a critical access hospital, with a combined total of 15,244 licensed beds, serving urban and rural communities in 12 states. Co. also owned interests in two health maintenance organizations and operate: related health care facilities, including rehabilitation hospital, acute care hospital, and skilled nursing facility; physician practices; captive insurance companies; and other ancillary health care businesses.

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Tenet Healthcare Corp. Company Info

Board of Directors

Mr. Edward A. Kangas

Chairman

Mr. J. McDonald Williams

Mr. Trevor Fetter

Mr. John Ellis Bush

Ms. Brenda J. Gaines

Ms. Karen M. Garrison

Mr. J. Robert Kerrey

Dr. Floyd D. Loop M.D.

Mr. Richard R. Pettingill

Mr. James A. Unruh

Contact Information

3820 State Street

Santa Barbara, CA

http://www.tenethealth.com

805 563-7000

NAICS Code

General Medical and Surgical Hospitals: 622110