THC News and Press, Tenet Healthcare Corporation From 02/09/23

United Surgical Partners International (or USPI), subsidiary of Tenet Healthcare ( NYSE: THC ) and Providence, a not-for-profit health system serving the Western U.S., have signed a new development agreement that will increase access to ambulatory surgical services across ma...

United Surgical Partners International (USPI), the largest ambulatory surgery platform in the country and a subsidiary of Tenet Healthcare (NYSE: THC), and Providence, a not-for-profit health system serving the Western U.S., announced today that they have signed a new development agreement that w...

Summary Gossamer's TORREY showed stat sig PVR improvement, but the 6MWD was under what investors were hoping for; this led to a +70% decline in share price. Seralutnib is entering phase 3 with an adapted design (with more severe patients); although the success is less clear, any positiv...

Summary Tenet Healthcare has caught a strong bid since October FY22', extending its rally into the new year. The question we sought to answer is if THC represents a value proposition that aligns with our core investment principles. We'd note the company invested $6.2Bn to generate a...

Tenet Healthcare ( NYSE: THC ) is off 4% in Thursday afternoon trading after some Street analysts expressed concern that it did not provide 2023 guidance in a preliminary fiscal 2022 EBITDA announcement Thursday morning. The hospital operator's adjusted EBITDA for fiscal 2022 is ...

Hospital operator Tenet Healthcare Corporation ( NYSE: THC ) announced Thursday that based on preliminary results, the company’s adj. EBITDA for fiscal 2022 is expected to slightly exceed $3.425B, the mid-point of the guidance it shared with the third quarter earnings in October. ...

Tenet Healthcare Corporation (Tenet) (NYSE: THC) announced today that it expects to exceed the midpoint of its latest FY22 Adjusted EBITDA Outlook range included in its third quarter 2022 earnings release along with key leadership updates that will help support long-term business performance. ...

Tenet Healthcare ( NYSE: THC ) rose 0.7% on a report that David Einhorn's Greenlight Capital has taken a medium-sized stake in the hospital operator. Greenlight took the position in Q4 , according to traders, who cited Bloomberg headlines, which cited a Greenlight letter. Tene...

Tenet Healthcare Corporation (NYSE: THC) will release its fourth quarter 2022 results on Thursday, February 9, 2023, no later than 6:00 a.m. Central Time (CT), to be followed by a conference call at 9:00 a.m. CT (10:00 a.m. Eastern Time). A live webcast and audio archive of the call may be ac...

Summary Harris Associates is an asset management firm that serves as the investment adviser to the Oakmark Funds. We are value investors. Oakmark Global Fund generated a 16.4% return in the fourth quarter. OAKGX certainly experienced the benefits of maintaining a global portfolio in...