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Tenet Healthcare THC Business Segments

Q2 '26Q1 '26Q4 '25Q3 '25Q2 '25
Net operating revenues by Business
Ambulatory Care$1.39B+9.3%$1.32B+10.6%$1.43B+13.8%$1.28B+11.9%$1.27B+11.3%
Hospital Operations$4.24B+6.0%$4.05B+0.5%$4.09B+7.3%$4.01B+0.7%$4B+0.9%
Net operating revenues by Product
Indemnity and other$159M+31.4%$150M+28.2%$156M+88.0%$157M+6.1%$121M-11.7%
Managed care$2.47B+1.9%$2.39B-0.3%$2.5B+6.6%$2.37B-2.1%$2.42B+1.7%
Medicaid$505M+33.2%$356M-6.3%$361M+14.2%$404M+18.1%$379M+2.4%
Medicare$534M+0.8%$565M+3.1%$529M+5.8%$512M+1.6%$530M+2.3%
Other revenues$572M+4.4%$574M+4.6%$547M+0.2%$552M-1.1%$548M0.0%
Uninsured$0$9M-74.3%$2M-91.7%$15M+50.0%$0-100%

FAQ

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.