Company: THC
Filing Date: 2025-07-30
Form Type: 10-Q
Source: 0000070318-25-000039
Chunk: 44

Company: TENET HEALTHCARE CORP
Filing Date: 2025-07-30
Form: 10-Q
Item: Part I, Item 1
Chunk 44
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 or local payers. 

The amount of our managed care net patient service revenues, including Medicare and Medicaid managed care programs, from our hospitals and related outpatient facilities during the three months ended June 30, 2025 and 2024 was $2.423 billion and $2.383 billion, respectively, and $4.823 billion and $5.039 billion during the six months ended June 30, 2025 and 2024, respectively. All Medicaid managed care patient service revenue is presented net of provider taxes or assessments paid by our hospitals.

UNINSURED PATIENTS

Uninsured patients are patients who do not qualify for government programs payments, such as Medicare and Medicaid, do not have some form of private insurance and, therefore, are responsible for their own medical bills. We provide financial assistance through our Compact with Uninsured Patients, which is designed to offer discounts to certain uninsured patients, and our charity and uninsured discount programs for uninsured patients who are unable to pay for the healthcare services they receive. The 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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RESULTS OF OPERATIONS

The following table presents our consolidated net operating revenues, operating expenses and operating income, both in dollar amounts and as percentages of net operating revenues, on a continuing operations basis:

 Three Months EndedJune 30,Six Months EndedJune 30, 20252024(1)20252024(1)Net operating revenues:    Hospital Operations$4,001 $3,967 $8,030 $8,340 Ambulatory Care1,270 1,141 2,464 2,136 Net operating revenues 5,271 5,108 10,494 10,476 Equity in earnings of unconsolidated affiliates61 61 117 120 Operating expenses:Salaries, wages and benefits2,160 2,168 4,279 4,489 Supplies932 908 1,839 1,