Company: THC
Filing Date: 2025-02-18
Form Type: 10-K
Source: 0000070318-25-000009
Chunk: 166

Company: TENET HEALTHCARE CORP
Filing Date: 2025-02-18
Form: 10-K
Item: Item 8
Chunk 166
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 investigation costs(35)Interest expense(826)Loss from early extinguishment of debt(8)Other non-operating income, net126 Gains on sales, consolidation and deconsolidation of facilities2,916 Income before income taxes$5,248 

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Table of Contents

Year Ended December 31, 2023 Hospital OperationsAmbulatory CareTotalNet operating revenues and grant income$16,698 $3,866 $20,564 Equity in earnings of unconsolidated affiliates10 218 228 Less:Salaries, wages and benefits8,182 964 9,146 Supplies2,545 1,045 3,590 Other operating expenses, net3,984 531 4,515 Adjusted EBITDA$1,997 $1,544 3,541 Reconciliation of Adjusted EBITDA:Depreciation and amortization(870)Impairment and restructuring charges, and acquisition-related costs(137)Litigation and investigation costs(47)Interest expense(901)Loss from early extinguishment of debt(11)Other non-operating income, net19 Gains on sales, consolidation and deconsolidation of facilities23 Income before income taxes$1,617 Year Ended December 31, 2022 Hospital OperationsAmbulatory CareTotalNet operating revenues and grant income$16,116 $3,252 $19,368 Equity in earnings of unconsolidated affiliates10 206 216 Less:Salaries, wages and benefits8,022 822 8,844 Supplies2,402 871 3,273 Other operating expenses, net3,560 438 3,998 Adjusted EBITDA$2,142 $1,327 3,469 Reconciliation of Adjusted EBITDA:Depreciation and amortization(841)Impairment and restructuring charges, and acquisition-related costs(226)Litigation and investigation costs(70)Interest expense(890)Loss from early extinguishment of debt(109)Other non-operating income, net11 Gains on sales, consolidation and deconsolidation of facilities1 Income before income taxes$1,345 Other operating expenses, net consists of various general and administrative expenses that are integral to supporting our operations. These expenses include, but are not limited to, medical fees, malpractice expense, information technology and