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Tenet Healthcare THC Business Segments

FY'25FY'24FY'23FY'22
Net operating revenues by Business
Ambulatory Care$5.17B+14.1%$4.53B+17.3%$3.87B+18.9%$3.25B+19.6%
Hospital Operations$16.14B0.0%$16.14B-3.3%$16.7B+3.6%$16.12B-3.9%
Net Income by Business
Ambulatory Care$381M+11.7%$341M+12.2%$304M+37.6%$221M+7.8%
Hospital Operations$45M-10.0%$50M+66.7%$30M+42.9%$21M0.0%
Equity, Including Portion Attributable to Noncontrolling Interest by Business
Ambulatory Care$6.15B+11.4%$5.52B+8.9%$5.07B
Hospital Operations$839M+5.8%$793M
Net income available to redeemable noncontrolling interests by Business
Ambulatory Care$424M+13.7%$373M+32.3%$282M+13.7%$248M+2.1%
Hospital Operations$110M+10.0%$100M+19.0%$84M-16.8%$101M+8.6%
Adjusted Earnings before Interest Tax Depreciation and Amortization by Business
Ambulatory Care$2.03B+11.9%$1.81B+17.2%$1.54B+16.4%$1.33B+10.9%
Hospital Operations$2.54B+16.2%$2.19B+9.4%$2B-6.8%$2.14B-6.3%
Total Assets by Business
Ambulatory Care$50.96B+5.9%$48.12B+10.5%$43.56B
Hospital Operations$66.07B-3.3%$68.36B+7.0%$63.87B
Other operating expenses, net by Business
Ambulatory Care$764M+17.5%$650M+22.4%$531M+21.2%$438M
Hospital Operations$3.76B-2.2%$3.84B-3.6%$3.98B+11.9%$3.56B
Equity in earnings of unconsolidated affiliates by Business
Ambulatory Care$258M+3.2%$250M+14.7%$218M+5.8%$206M+6.7%
Hospital Operations$6M-40.0%$10M0.0%$10M0.0%$10M-60.0%
Goodwill, Acquired During Period And Purchase Accounting Adjustments by Business
Ambulatory Care$507M$866M+30.4%
Hospital Operations$0$1M
Salaries, wages and benefits by Business
Ambulatory Care$1.27B+11.3%$1.14B+17.9%$964M+17.3%$822M
Hospital Operations$7.44B-2.9%$7.66B-6.3%$8.18B+2.0%$8.02B
Goodwill by Business
Ambulatory Care$33.29B+5.5%$31.55B+12.4%$28.07B
Hospital Operations$10.79B-2.8%$11.1B-16.3%$13.26B
Temporary Equity, Including Noncontrolling Interest by Business
Ambulatory Care$8.01B+6.1%$7.55B+29.2%$5.85B
Hospital Operations$3.46B+2.9%$3.36B+119%$1.54B
D&A by Business
Ambulatory Care$152M+13.4%$134M+11.7%$120M+7.1%$112M+17.9%
Hospital Operations$711M+3.9%$684M-8.8%$750M+2.9%$729M-4.1%
Supplies by Business
Ambulatory Care$1.38B+15.8%$1.19B+13.6%$1.05B+20.0%$871M
Hospital Operations$2.41B-2.2%$2.46B-3.3%$2.55B+6.0%$2.4B
CapEx by Business
Ambulatory Care$124M+44.2%$86M+7.5%$80M+6.7%$75M+13.6%
Hospital Operations$886M+4.9%$845M+25.9%$671M-2.3%$687M+16.0%
Net operating revenues by Product
Indemnity and other$551M+5.6%$522M-11.5%$590M-10.7%$661M-6.4%
Managed care$9.7B-1.2%$9.81B-4.3%$10.25B+6.7%$9.61B-3.8%
Medicaid$1.52B+5.9%$1.44B+16.7%$1.23B+15.3%$1.07B-14.8%
Medicare$2.12B-0.6%$2.13B-10.5%$2.38B+0.6%$2.37B-9.4%
Other revenues$2.2B+1.0%$2.18B+1.3%$2.15B+3.3%$2.08B+3.5%
Total$13.94B-0.2%$13.97B-4.0%$14.55B+5.1%$13.85B-6.2%
Uninsured$52M-18.8%$64M-33.3%$96M-31.9%$141M-29.1%

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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.