Tenet Healthcare Corp

Tenet Healthcare Corporation (NYSE: THC) is a diversified healthcare services company operating through two primary segments. Its Ambulatory Care segment, operated through United Surgical Partners International (USPI), is the largest ambulatory platform in the United States, with interests in 538 ambulatory surgery centers and 26 surgical hospitals across 37 states. The Hospital Operations and Services segment operates a national portfolio of acute care and specialty hospitals, imaging centers, ancillary outpatient facilities, micro-hospitals, and employed physician practices. Tenet also operates Conifer Health Solutions, a subsidiary providing revenue cycle management and value-based care services to hospitals, health systems, physician practices, employers, and other clients. The company maintains a global business center in Manila, Philippines. Tenet's strategy focuses on higher-acuity services, disciplined expense management, and generating significant free cash flow to fund share repurchases and acquisitions. Updated Jul 23, 2026