Tenet Healthcare Corporation, headquartered in Dallas, Texas, is a diversified healthcare services company. It operates through two primary segments: Hospital Operations and Ambulatory Care. Through Hospital Operations, Tenet owns or leases acute care hospitals, providing services such as cardiovascular care, orthopedics, neurology, oncology and emergency medicine. The Ambulatory Care segment encompasses outpatient centers, physician partnerships and ancillary services—including diagnostic imaging and ambulatory surgery—extending the company’s footprint beyond traditional inpatient settings.
Originally founded in 1969 as National Medical Enterprises, the company rebranded as Tenet Healthcare in 1995 and began trading on the New York Stock Exchange under the ticker symbol THC. Over the years, Tenet has pursued growth through strategic acquisitions, most notably the purchase of Vanguard Health Systems in 2013, which significantly expanded its hospital network in key regional markets.
Tenet’s facilities and services span more than 40 states across the United States, with a strong presence in California, Texas, Florida and New York. In addition to its core hospital and outpatient businesses, the company offers healthcare performance improvement solutions through Conifer Health Solutions, a subsidiary focused on revenue cycle management, population health management and value-based care programs designed to enhance operational efficiency and patient outcomes.
Committed to advancing patient care, Tenet invests in digital health platforms, telemedicine and clinical integration initiatives to improve access, quality and cost-effectiveness. Supported by a seasoned management team and collaborative partnerships with physicians, health systems and payors, Tenet continues to adapt its services and infrastructure to meet evolving healthcare needs.
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