Tenet Healthcare Corp.

Tenet Healthcare is a healthcare services company. Through its subsidiaries, partnerships and joint ventures, including USPI Holding Company, Inc., the company operates hospitals, surgical hospitals and outpatient centers. In addition, the company's Conifer Holdings, Inc. (Conifer) subsidiary provides healthcare business process services in the areas of hospital and physician revenue cycle management and care solutions to healthcare systems, as well as individual hospitals, physician practices, self-insured organizations, health plans and other entities. The company has three reportable segments: Hospital Operations and other; Ambulatory Care; and Conifer.
  • TickerTHC
  • ISINUS88033G4073
  • ExchangeNew York Stock Exchange
  • SectorHealth Care Equipment & Services
  • CountryUnited States

Analysts

ValuEngine Rating and Forecast Report for THC

ValuEngine Rating and Forecast Report for THC

ValuEngine Rating and Forecast Report for THC

ValuEngine Rating and Forecast Report for THC

ValuEngine Rating and Forecast Report for THC

ValuEngine Rating and Forecast Report for THC

ValuEngine Rating and Forecast Report for THC

ValuEngine Rating and Forecast Report for THC

ValuEngine Rating and Forecast Report for THC

ValuEngine Rating and Forecast Report for THC

Tenet Healthcare Corporation - September 2019 (LTM): Peer Snapshot

Compares key performance metrics against industry peers.

Tenet Healthcare Corporation: Covenant Quality Post-Sale Snapshot: $600m/$2.1b/$1.5b 4.625%/4.875%/5.125% Senior Secured First Lien Notes due 24/26/27

Tenet Healthcare Corporation (“Issuer”) has a high-yield lite covenant package, which we define to lack either or both a debt incurrence or a restricted payments covenant.

Tenet Healthcare Corporation - June 2019 (LTM): Peer Snapshot

Compares key performance metrics against industry peers.

Moody's rates Tenet Healthcare's senior secured first lien notes Ba3

Rating Action: Moody's rates Tenet Healthcare's senior secured first lien notes Ba3. Global Credit Research- 12 Aug 2019. New York, August 12, 2019-- Moody's Investors Service assigned a Ba3 rating to Tenet Healthcare Corporation's new senior secured first lien notes due 2026 and 2027. There is no change to Tenet's existing B2 Corporate Family Rating, B2-PD Probability of Default Rating, or Ba3 ratings on Tenet's existing senior secured first and second lien debt.

Moody's: Tenet Healthcare's decision to spin-off Conifer in 2021 is credit negative

Announcement: Moody's: Tenet Healthcare's decision to spin-off Conifer in 2021 is credit negative. Global Credit Research- 25 Jul 2019. New York, July 25, 2019-- Moody's Investors Service commented that Tenet Healthcare Corporation's decision to spin-off its stake in its Conifer business by the end of the second quarter of 2021, announced on July 24th, is credit negative because it will reduce the company's business diversification and modestly lower scale while introducing a...

Feasibility Study Results in December to be a Catalyst for this Junior

Feasibility Study Results in December to be a Catalyst for this Junior