Company: THC
Filing Date: 2025-04-29
Form Type: 10-Q
Source: 0000070318-25-000017
Chunk: 38

Company: TENET HEALTHCARE CORP
Filing Date: 2025-04-29
Form: 10-Q
Item: Part I, Item 1
Chunk 38
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 operating expenses) of caring for our uninsured and charity patients:

Three Months Ended March 31,20252024Estimated costs for:  Uninsured patients$114 $139 Charity care patients17 21 Total $131 $160 

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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 Ended March 31, 20252024Net operating revenues:  Hospital Operations$4,029 $4,373 Ambulatory Care1,194 995 Net operating revenues 5,223 5,368 Equity in earnings of unconsolidated affiliates56 59 Operating expenses:Salaries, wages and benefits2,119 2,321 Supplies907 928 Other operating expenses, net1,090 1,154 Depreciation and amortization206 208 Impairment and restructuring charges, and acquisition-related costs19 27 Litigation and investigation costs17 4 Net gains on sales, consolidation and deconsolidation of facilities(22)(2,500)Operating income$943 $3,285 Net operating revenues100.0 %100.0 %Equity in earnings of unconsolidated affiliates1.1 %1.1 %Operating expenses:Salaries, wages and benefits40.6 %43.2 %Supplies17.4 %17.3 %Other operating expenses, net20.9 %21.5 %Depreciation and amortization3.9 %3.9 %Impairment and restructuring charges, and acquisition-related costs0.3 %0.5 %Litigation and investigation costs0.3 %0.1 %Net gains on sales, consolidation and deconsolidation of facilities(0.4)%(46.6)%Operating income18.1 %61.2 %

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The following tables present our net operating revenues, operating expenses and operating income, both in dollar amounts and as percentages of net operating revenues, by segment on a continuing operations basis:

Three Months Ended March 31, 2025Hospital OperationsAmbulatory CareNet operating revenues $4,029 $1,194 Equity in earnings of unconsolidated affiliates2 54 Operating expenses: Salaries