Is Tenet Healthcare stock a good buy?

Is Tenet Healthcare stock a good buy?

Tenet Healthcare has received a consensus rating of Buy. The company’s average rating score is 3.00, and is based on 13 buy ratings, 1 hold rating, and no sell ratings.

Does Tenet Healthcare pay a dividend?

The current TTM dividend payout for Tenet Healthcare (THC) as of May 26, 2022 is $0.00. The current dividend yield for Tenet Healthcare as of May 26, 2022 is 0.00%.

Is Tenet a Fortune 500 health?

In 2015, Tenet acquired USPI, which created the largest operator of outpatient surgery centers in the United States. In 2021, the company ranked 167th in the Fortune 500.

Is Tenet Health publicly traded?

Tenet Healthcare Corporation stock is traded on the New York Stock Exchange under stock symbol THC.

Is Tenet a profit?

Tenet Health announced $448 million in profits for the third quarter on Wednesday, in part driven by increased ER admissions and surgical procedures. That compares to a net loss of $197 million during the same quarter last year.

How much does the CEO of Tenet make?

Tenet Healthcare CEO Saum Sutaria, MD, saw his total compensation more than double in 2021, according to a proxy statement filed by the Dallas-based company March 25.

Is Conifer Health closed?

Tenet Healthcare will no longer spin off Conifer Health Solutions, its revenue cycle management unit, into a separate standalone business, the company announced Tuesday.

How does Tenet Healthcare make money?

For 2021, Tenet recorded operating revenues of $19.5 billion, up from $17.6 billion recorded in 2020. The revenue was largely driven by Tenet’s hospital segment, which recorded $15.9 billion in revenue for 2021, and Tenet’s ambulatory care segment, which recorded revenue of $742 million.

Who is the CFO of Tenet Healthcare?

Daniel Cancelmi
Daniel Cancelmi serves as executive vice president and chief financial officer for Tenet Healthcare.