Thesis Summary
Tenet Healthcare Corporation (THC) seems to be on track to grow, increase profitability and improve its financial health. The market has already reacted to this and the share price has increased by around 50%. At the current price, I feel the company is not a buy, although the recent revaluation seems justified.
Company and Industry
THC is a healthcare service company working in a variety of services within the healthcare industry. The company has three main segments: Hospital Operations and Other, Ambulatory Care, and Conifer. The company operates 68 hospitals, 23