Here are four observations:
1. Tenet’s board approved the repurchase of an additional $500 million of the hospital operator’s shares.
2. Tenet’s hospital operator reported revenue rose to $4.69 billion in the third quarter, compared to $4.17 billion the same period the prior year. The company had expected revenue of $4.65 billion to $4.85 billion.
3. Tenet had predicted per-share earnings of $0.05 to $0.49.
4. The company increased its revenue outlook to between $18.35 billion and $18.55 billion.
More articles on surgery centers:
AmSurg takes $7.6B TeamHealth bid off the table: 4 things to know
11 new outpatient surgery centers in October
AmSurg bids for TeamHealth again: 4 things to know
At the Becker's 23rd Annual Spine, Orthopedic and Pain Management-Driven ASC + The Future of Spine Conference, taking place June 11-13 in Chicago, spine surgeons, orthopedic leaders and ASC executives will come together to explore minimally invasive techniques, ASC growth strategies and innovations shaping the future of outpatient spine care. Apply for complimentary registration now.
