Company: THC
Filing Date: 2025-07-30
Form Type: 10-Q
Source: 0000070318-25-000039
Chunk: 9

Company: TENET HEALTHCARE CORP
Filing Date: 2025-07-30
Form: 10-Q
Item: Part I, Item 1
Chunk 9
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The principal components of accounts receivable are presented in the table below: June 30, 2025December 31, 2024Patient accounts receivable$2,377 $2,386 Estimated future recoveries151 144 Cost report settlements receivable, net of payables and valuation allowances5 6 Accounts receivable, net$2,533 $2,536 Uninsured and Charity Patient CostsThe following table presents our estimated costs (based on selected operating expenses, which include salaries, wages and benefits, supplies and other operating expenses) of caring for our uninsured and charity patients: Three Months EndedJune 30,Six Months EndedJune 30, 2025202420252024Estimated costs for:    Uninsured patients$104 $132 $218 $271 Charity care patients42 25 59 46 Total $146 $157 $277 $317 

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NOTE 3. DISPOSITION OF ASSETS AND LIABILITIES

In January 2024, we completed the sale of three hospitals located in South Carolina and certain related operations (together, the “SC Hospitals”), all of which were held by our Hospital Operations segment. This transaction resulted in the recognition of a pre-tax gain on sale of $1.677 billion in the six months ended June 30, 2024. During the three and six months ended June 30, 2024, respectively, the SC Hospitals contributed $3 million and $1.689 billion (inclusive of the gain discussed above) to income before income taxes in the accompanying Condensed Consolidated Statement of Operations. There was no corresponding amount in the six months ended June 30, 2025.In March 2024, we completed the following additional sales:•four hospitals and certain related operations located in Orange County and Los Angeles County, California, including facilities from both our Hospital Operations and Ambulatory Care segments, which resulted in the recognition of a pre‑tax gain on sale of $526 million in the six months ended June 30, 2024;•two hospitals and certain related operations located in San Luis Obispo County, California, all of which were held by our Hospital Operations segment, resulting in the recognition of a pre‑tax gain on sale of $275 million in the six months ended June 30, 2024; and•three ambulatory surgery centers located in South Carolina and held by our