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+11.9% | $5.17B+14.1% | $5B+14.8% | $4.86B+17.0% | $4.73B+19.6% | |
| Hospital Operations | $16.16B+2.3% | $16.14B0.0% | $15.86B-4.7% | $15.83B-5.7% | $15.8B-6.8% | |
| Net operating revenues by Product | ||||||
| Indemnity and other | $584M+20.4% | $551M+5.6% | $478M-17.3% | $469M-19.8% | $485M-19.7% | |
| Managed care | $9.69B+1.4% | $9.7B-1.2% | $9.54B-5.6% | $9.59B-6.1% | $9.55B-8.2% | |
| Medicaid | $1.5B+6.5% | $1.52B+5.9% | $1.48B-1.6% | $1.42B-3.6% | $1.41B+3.2% | |
| Medicare | $2.14B+3.2% | $2.12B-0.6% | $2.09B-5.9% | $2.08B-9.4% | $2.07B-13.0% | |
| Other revenues | $2.22B+0.9% | $2.2B+1.0% | $2.2B+0.8% | $2.2B+2.7% | $2.2B+3.7% | |
| Total | $13.94B+2.5% | $13.94B-0.2% | $13.66B-5.6% | $13.63B-6.9% | $13.6B-8.3% | |
| Uninsured | $26M-67.5% | $52M-18.8% | $74M+37.0% | $69M+4.5% | $80M-4.8% |
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.
