Tenet Healthcare Corp (THC.N)
45.82USD
17 May 2013
$-1.24 (-2.63%)
$47.06
$46.90
$46.96
$45.47
546,667
407,761
$49.47
$17.28
About
Overall
| Beta: | 2.46 |
| Market Cap (Mil.): | $4,742.42 |
| Shares Outstanding (Mil.): | 103.50 |
| Dividend: | -- |
| Yield (%): | -- |
Financials
Fitch Rates Tenet Healthcare Corporation's Secured Notes Offering 'BB/RR1'
(The following statement was released by the rating agency) NEW YORK, May 15 (Fitch) Fitch Ratings has assigned a 'BB/RR1' rating to Tenet Healthcare Corp.'s (Tenet) $1.05 billion secured notes offering. The ratings apply to approximately $3.3 billion of secured debt at March 31, 2012. The Rating Outlook is Stable. A full list of ratings follows at the end of this release. Tenet will use the proceeds of the $1.05 billion senior secured notes issuance to retire $925 million of its 8.875% se
Tenet Healthcare eager to expand in existing markets
NEW YORK - Tenet Healthcare Corp is eyeing growth through acquisitions or partnerships in regions where it already has a presence and would consider buying a larger system to gain entry into a new geographic market, its chief executive said on Tuesday.
Tenet hospitals see role in signing up Americans for Obamacare
NEW YORK - Tenet Healthcare Corp sees its hospitals playing a role in signing up uninsured Americans for President Barack Obama's healthcare overhaul, particularly in states that are balking at implementing the reform.
REUTERS SUMMIT-Tenet hospitals see role in signing up Americans for Obamacare
(For other news from Reuters Health Summit, click on http://www.reuters.com/summit/Health13)
UPDATE 4-Tenet Healthcare posts net loss as hospital admissions fall
* Profit from continuing operations excluding items beats estimates
Tenet Healthcare posts first-quarter net loss
April 30 - Tenet Healthcare Corp on Tuesday posted a first-quarter net loss on a decline in admissions, becoming the latest U.S. hospital operator to report a slowdown in patient visits.
UPDATE 3-Tenet sees benefit in 2014 from health reform
* Expects to treat more patients with insurance under reform
Tenet swings to profit as hospital visits rise
- Tenet Healthcare Corp on Tuesday reported a fourth-quarter profit versus a year-ago loss as outpatient hospital visits increased and said it sees health reform next year will have a positive impact on earnings.
Tenet posts quarterly profit
Feb 26 - Tenet Healthcare Corp reported a fourth-quarter profit on Tuesday, compared with a year-earlier loss, helped by increased outpatient visits to its hospitals.
TEXT - Fitch rates Tenet Healthcare secured notes
Jan 23 - Fitch Ratings has assigned a 'BB/RR1' rating to Tenet Healthcare Corp.'s (Tenet) 4.5% senior secured notes due 2021. The ratings apply to approximately $4.9 billion of debt at Sept. 30, 2012. The Rating Outlook is Stable. A full list of ratings follows at the end of this release. Tenet will use the proceeds of the $850 million senior secured notes issuance to retire $714 million of its 10% senior secured notes due 2018 in a tender offer. The balance will be used for general corporate
Competitors
| Price | Change | |
|---|---|---|
| Community Health Systems (CYH.N) | $44.66 | -0.56 |
| Universal Health Services, Inc. (UHS.N) | $67.04 | -0.92 |
| Universal Health Services, Inc. (UHID.PK) | $60.44 | +0.44 |
| Health Management Associates Inc (HMA.N) | $10.71 | +0.03 |
| LifePoint Hospitals, Inc. (LPNT.OQ) | $47.38 | +0.12 |
| Ventas, Inc. (VTR.N) | $81.67 | +0.44 |

Estimates