Company: THC
Filing Date: 2025-07-30
Form Type: 10-Q
Source: 0000070318-25-000039
Chunk: 91

Company: TENET HEALTHCARE CORP
Filing Date: 2025-07-30
Form: 10-Q
Item: Part I, Item 2
Chunk 91
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 net revenue per case, as well as a $159 million increase from our recent acquisitions, net of the impact of the closure and sale of certain facilities.

Salaries, Wages and Benefits

Salaries, wages and benefits expense increased by $30 million, or 10.6%, during the three months ended June 30, 2025 compared to the same period in 2024. This change was driven by an increase of $19 million in same‑facility salaries, wages and benefits expense, and an $11 million increase from our recent acquisitions, net of the impact of the closure and sale of certain facilities. As a percentage of net operating revenues, salaries, wages and benefits expense decreased to 24.7% for the three months ended June 30, 2025 from 24.9% for the same period in 2024.

Salaries, wages and benefits expense increased by $88 million, or 16.9%, during the six months ended June 30, 2025 compared to the same period in 2024. This change was driven by a $56 million increase from our recent acquisitions, net of the impact of the closure and sale of certain facilities, and an increase of $32 million in same‑facility salaries, wages and benefits expense. As a percentage of net operating revenues, salaries, wages and benefits expense increased to 24.7% for the six months ended June 30, 2025 from 24.4% for the same period in 2024.

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Supplies

Supplies expense increased by $33 million, or 11.0%, during the three months ended June 30, 2025 compared to the same period in 2024. The change was driven by a $21 million increase in same‑facility supplies expense, due primarily to higher patient acuity, and a $12 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 decreased to 26.1% for the three months ended June 30, 2025 from 26.2% for the same period in 2024.

Supplies expense increased by $77 million, or 13.4%, during the six months ended June 30, 2025 compared to the same period in 2024. The change was driven by a $44 million increase in same‑facility supplies expense, due primarily to higher