Tenet has been through many troubles, but until recently, no one had publicly suggested the hospital giant was in danger of capsizing. Now, a stock analyst has raised concerns--which the company has been fighting to quell--that it might face bankruptcy within three years. Tenet is responding to a a Credit Suisse report suggesting existing threats to its profits, including its reliance on Medicare outlier payments [1], could destabilize it completely.

Of late, Tenet has been in turnaround mode [2], with execs working to restructure services within individual hospitals, improve collections and strengthen managed care contracts. To date it appears to have had some success, but lower-than-hoped-for patient volumes continue to be a problem. Also, the company still is recovering from its extensive legal troubles, which last year included a $725 million payment to settle Medicare billing charges.

To learn more about the analyst ratings kerfuffle:
- read this Modern Healthcare article [3] (reg. req.)
- read this Tenet press release [4]

Related Articles:
Tenet begins doctor-investment program. Report [5]
Tenet to pay $725 million in settlement. Report [6]
Tenet to undergo integrity monitoring. Report [7]
Tenet upgraded to 'hold.' Report [8]
Tenet Healthcare, nurses reach accord. Report [9]