Tenet Healthcare

Tenet Healthcare

Operates hospitals and healthcare facilities

About Tenet Healthcare

Simplify's Rating
Why Tenet Healthcare is rated
A+
Rated A+ on Competitive Edge
Rated A on Growth Potential
Rated A on Rating Differentiation

Industries

Financial Services

Healthcare

Company Size

10,001+

Company Stage

IPO

Total Funding

N/A

Headquarters

Dallas, Texas

Founded

1967

Overview

Tenet Healthcare operates a large network of healthcare facilities in the U.S., including 65 hospitals and around 500 other locations such as surgical hospitals and urgent care centers. This extensive network allows the company to offer a variety of medical services to different communities. Tenet also owns Conifer Health Solutions, which focuses on managing the financial aspects of healthcare, like billing, and promoting value-based care, where providers are compensated based on patient health outcomes rather than the number of services provided. Tenet's business model emphasizes delivering high-quality care while maintaining operational efficiency, generating revenue mainly through patient services and Conifer's financial services. The company's goal is to provide the right care at the right time, aiming to be a leading organization for both patients and employees, with a strong commitment to workforce diversity and staff development.

Simplify Jobs

Simplify's Take

What believers are saying

  • Tenet's investment in AI scribes can enhance operational efficiency and patient outcomes.
  • Expansion in Texas with new facilities supports growth and increased service capacity.
  • Focus on value-based care aligns with industry trends and improves patient outcomes.

What critics are saying

  • Increased competition in the ASC market may lead to pricing pressures and reduced margins.
  • Challenges in integrating AI technologies could disrupt operations if not implemented smoothly.
  • Selling five hospitals in Birmingham may temporarily reduce revenue and market presence.

What makes Tenet Healthcare unique

  • Tenet Healthcare operates a vast network of 65 hospitals and 500 other facilities.
  • Conifer Health Solutions enhances Tenet's offerings with revenue cycle management and value-based care.
  • Tenet's commitment to workforce diversity and development sets it apart in the industry.

Help us improve and share your feedback! Did you find this helpful?

Funding

Total Funding

$0

Below

Industry Average

Funded Over

1 Rounds

Post IPO Debt funding comparison data is currently unavailable. We're working to provide this information soon!
Post IPO Debt Funding Comparison
Coming Soon

Company News

MarketBeat
Feb 6th, 2025
China Universal Asset Management Co. Ltd. Makes New Investment in Tenet Healthcare Co. (NYSE:THC)

China Universal Asset Management Co. Ltd. makes new investment in Tenet Healthcare Co. (NYSE:THC).

Intelligence360
Jan 31st, 2025
Tenet Healthcare To Spend $7.4 Million To Occupy 16,325 Square Feet Of Space In San Antonio Texas.

Tenet Healthcare to spend $7.4 Million to occupy 16,325 square feet of space in San Antonio Texas. Tenet Healthcare to spend $7.4 Million to occupy 16,325 square feet of space in San Antonio Texas.San Antonio, Texas — According to state and local development sources, Tenet Healthcare plans to invest $7,400,000.00 to build out 16,325 square feet of new space in San Antonio. The company plans to occupy the new space at 7930 Floyd Curl Dr in San Antonio, on or about November 1, 2025. According to the company website At Tenet Healthcare we started out as a small operation in California. In May 1969, we acquired four hospitals, some additional care facilities and real estate for the future development of hospitals. Over the years, weve grown tremendously in size, scope and capability, building a home in new markets over time, and curating those homes to provide a compassionate environment for those entrusting us with their care

Fierce Healthcare
Nov 21st, 2024
Commure rolls out AI scribe for Tenet Healthcare after yearlong customized build

Tenet Healthcare has selected Commure to provide an artificial intelligence scribe to providers throughout the health system.

Turlock Journal
Oct 1st, 2024
Emanuel Medical Center to welcome new CEO

Klepin will replace Dr. Murali Naidu, who will become the new CEO of another Tenet Health facility, San Ramon Regional Medical Center.

SRN News
Aug 5th, 2024
Tenet Healthcare to sell five Birmingham hospitals for $910 million

(Reuters) - Hospital operator Tenet Healthcare said on Monday that it will sell five hospitals with Brookwood Baptist Health in Birmingham to Orlando Health for about $910 million in cash.

Recently Posted Jobs

Sign up to get curated job recommendations

There are no jobs for Tenet Healthcare right now.

Find jobs on Simplify and start your career today

💡
We update Tenet Healthcare's jobs every 8 hours, so check again soon! Browse all jobs →