Company: THC
Filing Date: 2025-07-30
Form Type: 10-Q
Source: 0000070318-25-000039
Chunk: 150

Company: TENET HEALTHCARE CORP
Filing Date: 2025-07-30
Form: 10-Q
Item: Part I, Item 8
Chunk 150
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 Hospitals, OCLA CA Hospitals, Central CA Hospitals and AL Hospitals during 2024. The impact of these sales was partially offset by a more favorable payer mix, higher patient admissions and acuity, growth in Medicaid supplemental revenue, and negotiated commercial rate increases in the 2025 period. 

During the six months ended June 30, 2025, net operating revenues in our Ambulatory Care segment increased by $328 million, or 15.4%, as compared to the same period in 2024. This increase was driven by incremental revenue from our recent acquisitions, net of the impact of the closure and sale of certain facilities, as well as growth in same‑facility net operating revenues, reflecting higher net revenue per case.

34

RESULTS OF OPERATIONS BY SEGMENT

Hospital Operations Segment

The following tables present operating statistics, revenues and expenses of our hospitals and related outpatient facilities on a same‑hospital basis, unless otherwise indicated:

 Same-HospitalSame-Hospital Three Months EndedJune 30,Increase(Decrease)Six Months EndedJune 30,Increase(Decrease)Admissions, Patient Days and Surgeries2025202420252024Number of hospitals47 47 — (1)47 47 — (1)Total admissions115,616 113,787 1.6 %234,614 227,819 3.0 %Adjusted admissions208,778 207,973 0.4 %419,625 412,954 1.6 %Paying admissions (excludes charity and uninsured)110,457 108,593 1.7 %224,703 217,614 3.3 %Charity and uninsured admissions5,159 5,194 (0.7)%9,911 10,205 (2.9)%Admissions through emergency department87,246 84,674 3.0 %177,800 170,862 4.1 %Paying admissions as a percentage of total admissions95.5 %95.4 %0.1 %(1)95.8 %95.5 %0.3 %(1)Charity and uninsured admissions as a percentage of total admissions4.5 %4.6 %(0.1)%(1)4.2 %4.5 %(0.3)%(1)Emergency department admissions as