Company: THC
Filing Date: 2025-10-28
Form Type: 10-Q
Source: 0000070318-25-000046
Chunk: 27

Company: TENET HEALTHCARE CORP
Filing Date: 2025-10-28
Form: 10-Q
Item: Part I, Item 2
Chunk 27
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 a percentage of net operating revenues, salaries, wages and benefits expense decreased to 24.8% for the three months ended September 30, 2025 from 27.2% for the same period in 2024.

Salaries, wages and benefits expense increased by $94 million, or 11.3%, during the nine months ended September 30, 2025 compared to the same period in 2024. This change was driven by a $70 million increase from our recent acquisitions, net of the impact of the closure and sale of certain facilities, and an increase of $24 million in same‑facility salaries, wages and benefits expense. As a percentage of net operating revenues, salaries, wages and benefits expense decreased to 24.7% for the nine months ended September 30, 2025 from 25.4% for the same period in 2024.

38

Supplies

Supplies expense increased by $53 million, or 18.7%, during the three months ended September 30, 2025 compared to the same period in 2024. The change was driven by a $30 million increase in same‑facility supplies expense, due primarily to growth in our case volumes and higher patient acuity, and a $23 million increase related to our recent acquisitions, net of the impact of the closure and sale of certain facilities. Supplies expense as a percentage of net operating revenues increased to 26.4% for the three months ended September 30, 2025 from 24.9% for the same period in 2024.

Supplies expense increased by $130 million, or 15.2%, during the nine months ended September 30, 2025 compared to the same period in 2024. The change was driven by a $74 million increase in same‑facility supplies expense, due primarily to higher patient acuity, and a $56 million increase related to our recent acquisitions, net of the impact of the closure and sale of certain facilities. Supplies expense as a percentage of net operating revenues increased to 26.4% for the nine months ended September 30, 2025 from 26.2% for the same period in 2024.

Other Operating Expenses, Net

Other operating expenses increased by $26 million, or 15.6%, during the three months ended September 30, 2025 compared to the same period in 2024. The change was driven by a $13