Keyword: Ronald A. Rittenmeyer
Tenet Healthcare officials say the financial blow of COVID-19 suppressed what was set to be a strong quarter.
Here's a look at how much the CEOs of publicly traded health systems made last year.
Tenet Healthcare Corp. withdrew its previously announced financial outlook for 2020 in light of uncertainty caused by COVID-19.
Tenet Healthcare's earnings were down from a profit of $108 million the previous year.
The announcement is the culmination of a yearslong process for the Dallas-based health system giant to divest itself from Conifer.
Tenet reported a net loss of $27 million in the first quarter of 2019 compared to profits of $98 million in its first quarter last year.
Tenet Healthcare saw an overall decline in admissions in the second quarter of 2018, a trend it attributes to drops in two major markets.
Tenet Healthcare continues its aggressive push into ambulatory care services.
Tenet Healthcare plans to cut 2% of its workforce and $250 million in expenses.
Tenet Healthcare, which recently went through a management shakeup, plans to eliminate 1,300 positions in order to cut expenses by $150 million.