ICR: BB-
Outlook: Stable
Tenet is a diversified healthcare services company operating a network of care delivery facilities. The Hospital Operations and Services segment operates 49 hospitals and 142 outpatient facilities as of September 2024, and provides revenue cycle management and value-based care services through Conifer joint venture. The Ambulatory Care segment, operated through USPI subsidiary, holds ownership interests in 520 ambulatory surgery centers (376 of which are consolidated) and 24 surgical hospitals (7 of which are consolidated). In the last fiscal quarter ended September 2024, the Hospital Operations segment accounted for 78% of revenues and Ambulatory Care accounted for 22%.
ICR: BB-
Outlook: Stable
Tenet is a diversified healthcare services company operating a network of care delivery facilities. The Hospital Operations and Services segment operates 49 hospitals and 142 outpatient facilities as of September 2024, and provides revenue cycle management and value-based care services through Conifer joint venture. The Ambulatory Care segment, operated through USPI subsidiary, holds ownership interests in 520 ambulatory surgery centers (376 of which are consolidated) and 24 surgical hospitals (7 of which are consolidated). In the last fiscal quarter ended September 2024, the Hospital Operations segment accounted for 78% of revenues and Ambulatory Care accounted for 22%.