Here are five notes from Tenet’s financial report on how the company performed in the fourth quarter of 2023:
1. Tenet’s net operating revenues for the fourth quarter of 2023 came to nearly $5.4 billion.
2. The company’s net income from continuing operations available to Tenet’s common shareholders in the fourth quarter of 2023 was $244 million.
3. United Surgical Partners International’s net operating revenues for the fourth quarter of 2023 was more than $1 billion, a 15.4% increase compared to the fourth quarter of 2022.
4. Tenet’s hospital business segment’s net operating revenues for the fourth quarter of 2023 was more than $4.3 billion, a 6% increase compared to the fourth quarter of 2022.
5. The company’s overall adjusted EBITDA for the fourth quarter of 2023 was more than $1 billion compared to $857 million in fourth quarter 2022.
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