Tenet Healthcare THC Business Segments
| TTM Q1 '26 | TTM Q4 '25 | TTM Q3 '25 | TTM Q2 '25 | TTM Q1 '25 | ||
|---|---|---|---|---|---|---|
| Net operating revenues by Business | ||||||
| Ambulatory Care | $5.3B+2.4% | $5.17B+3.5% | $5B+2.8% | $4.86B+2.7% | $4.73B+4.4% | |
| Hospital Operations | $16.16B+0.1% | $16.14B+1.8% | $15.86B+0.2% | $15.83B+0.2% | $15.8B-2.1% | |
| Net operating revenues by Product | ||||||
| Indemnity and other | $584M+6.0% | $551M+15.3% | $478M+1.9% | $469M-3.3% | $485M-7.1% | |
| Managed care | $9.69B-0.1% | $9.7B+1.6% | $9.54B-0.5% | $9.59B+0.4% | $9.55B-2.6% | |
| Medicaid | $1.5B-1.6% | $1.52B+3.0% | $1.48B+4.4% | $1.42B+0.6% | $1.41B-2.2% | |
| Medicare | $2.14B+0.8% | $2.12B+1.4% | $2.09B+0.4% | $2.08B+0.6% | $2.07B-2.9% | |
| Other revenues | $2.22B+1.1% | $2.2B0.0% | $2.2B-0.3% | $2.2B0.0% | $2.2B+1.2% | |
| Total | $13.94B0.0% | $13.94B+2.0% | $13.66B+0.2% | $13.63B+0.3% | $13.6B-2.6% | |
| Uninsured | $26M-50.0% | $52M-29.7% | $74M+7.2% | $69M-13.8% | $80M+25.0% |
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.
