Tenet Healthcare THC Hospital Operations and Other — Contract Assets
Discontinued — last reported Q3 '23
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Where this comes from
Reported directly by Tenet Healthcare in its filing.
Tagged under the XBRL concept us-gaap:ContractWithCustomerAssetNetCurrent.
The official record: Tenet Healthcare’s 10-Q, filed October 30, 2023, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Tenet Healthcare's hospital operations and other — contract assets?
- Tenet Healthcare (THC) reported hospital operations and other — contract assets of $177M in Q3 2023.
- How has Tenet Healthcare's hospital operations and other — contract assets changed year-over-year?
- Tenet Healthcare's hospital operations and other — contract assets decreased by 2.2% year-over-year, from $181M to $177M.
- What does hospital operations and other — contract assets mean?
- The value of healthcare services provided to patients that have been earned but not yet billed to payers or patients.
- How do you interpret hospital operations and other — contract assets?
- An increase suggests higher unbilled service volume or delays in the billing cycle, while a decrease may indicate faster conversion of services into accounts receivable.
- How does hospital operations and other — contract assets compare across companies?
- Peers in the hospital and outpatient sector report this as unbilled receivables or contract assets under ASC 606 revenue recognition standards.