Tenet Healthcare Corp.
Stock Symbol: THC
13737 Noel Road
Tenet Healthcare Corp. Industry:
Tenet Healthcare Corp. Description:
Tenet Healthcare, through its subsidiaries, owns and operates 115 acute care hospitals with 28,512 beds and numerous related health care services. Its hospitals and subsidiaries employ approximately 113,750 people serving communities in 17 states. Tenet's name reflects its core business philosophy: the importance of shared values among partners -- including employees, physicians, insurers and communities -- in providing a full spectrum of health care.
Tenet Healthcare Corp. Financial Summary:
Tenet Healthcare Corp. Business Summary:
Tenet Healthcare Corporation operates as a health care services company in the United States. The company, through its subsidiaries, provides healthcare services primarily through the operation of general hospitals and related health care facilities. Its hospitals offer acute care services, operating and recovery rooms, radiology services, respiratory therapy services, clinical laboratories, and pharmacies; intensive care, critical care, and/or coronary care units; physical therapy; and orthopedic, oncology, and outpatient services. The hospitals also offer tertiary care services, such as open-heart surgery, neonatal intensive care, and neuroscience; quaternary care services in areas, such as heart, lung, liver, and kidney transplants; and bone marrow transplants. As of December 31, 2004, it operated 80 general hospitals, with 19,668 licensed beds, serving urban and rural communities in 13 states. Of 80 general hospitals, 64 were owned by its subsidiaries, and 16 were owned by third parties and leased by its subsidiaries. The company also owned or leased various related health care facilities, including 2 rehabilitation hospitals, 1 specialty hospital, 4 nursing facilities, and 85 medical office buildings; and owned or leased physician practices, captive insurance companies, and various ancillary health care businesses, including outpatient surgery centers, occupational and rural health care clinics, and an interest in a health maintenance organization, as of the above date. Tenet Healthcare Corporation is headquartered in Dallas, Texas.