Company: THC
Filing Date: 2025-02-18
Form Type: 10-K
Source: 0000070318-25-000009
Chunk: 8

Company: TENET HEALTHCARE CORP
Filing Date: 2025-02-18
Form: 10-K
Item: Item 7
Chunk 8
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 (excludes charity and uninsured)1,267,881 1,297,846 (2.3)%Charity and uninsured visits98,513 86,259 14.2 %Ambulatory Care:Total consolidated facilities (at end of period)382 330 52 (1)Total consolidated cases475,900 416,250 14.3 %

(1)The change is the difference between the 2024 and 2023 amounts or percentages presented.

Total admissions decreased by 18,872, or 13.8%, total surgeries decreased by 18,015, or 20.7%, and total emergency department visits decreased by 116,434, or 17.5%, in the three months ended December 31, 2024 compared to the three months ended December 31, 2023. The decreases in our volumes were primarily related to the sales of the Divested Hospitals. Excluding the impact of these divestitures, total admissions increased by 6,415, or 5.7%, total surgeries increased by 432, or 0.6%, and total emergency department visits decreased by 12,082, or 2.6%, during the three months ended December 31, 2024 compared to the same period in 2023.

The increase in our Ambulatory Care segment’s total consolidated cases of 14.3% in the three months ended December 31, 2024, as compared to the same period in 2023, was primarily attributable to incremental case volume from our newly acquired ASCs, net of the impact of the closure and deconsolidation of certain facilities, as well as same‑facility case growth.

The following table presents net operating revenues by segment on a continuing operations basis:

 Three Months Ended December 31,Increase(Decrease)20242023Hospital Operations$3,813 $4,302 (11.4)%Ambulatory Care1,259 1,077 16.9 %Total$5,072 $5,379 (5.7)%

Consolidated net operating revenues decreased by $307 million, or 5.7%, in the three months ended December 31, 2024 compared to the same period in 2023. The decrease of $489 million, or 11.4%, in our Hospital Operations segment’s net operating revenues for the three‑month period in 2024 compared to the same period in