Tenet Healthcare THC Business Segments
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Net operating revenues by Business | ||||||
| Ambulatory Care | $1.32B+10.6% | $1.43B+13.8% | $1.28B+11.9% | $1.27B+11.3% | $1.19B+20.0% | |
| Hospital Operations | $4.05B+0.5% | $4.09B+7.3% | $4.01B+0.7% | $4B+0.9% | $4.03B-7.9% | |
| Net operating revenues by Product | ||||||
| Indemnity and other | $150M+28.2% | $156M+88.0% | $157M+6.1% | $121M-11.7% | $117M-24.0% | |
| Managed care | $2.39B-0.3% | $2.5B+6.6% | $2.37B-2.1% | $2.42B+1.7% | $2.4B-9.6% | |
| Medicaid | $356M-6.3% | $361M+14.2% | $404M+18.1% | $379M+2.4% | $380M-7.5% | |
| Medicare | $565M+3.1% | $529M+5.8% | $512M+1.6% | $530M+2.3% | $548M-10.2% | |
| Other revenues | $574M+4.6% | $547M+0.2% | $552M-1.1% | $548M0.0% | $549M+5.0% | |
| Total | $3.47B-0.2% | $3.55B+8.5% | $3.46B+1.0% | $3.45B+1.0% | $3.48B-9.6% | |
| Uninsured | $9M-74.3% | $2M-91.7% | $15M+50.0% | $0-100% | $35M+84.2% |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does Tenet Healthcare break its business down?
- Tenet Healthcare (THC) reports net operating revenues by business across 2 parts — Ambulatory Care and Hospital Operations. Each is extracted from the segment footnotes and tracked over time.
- Where does Tenet Healthcare's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in Tenet Healthcare's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.
