Company: THC
Filing Date: 2025-07-30
Form Type: 10-Q
Source: 0000070318-25-000039
Chunk: 140

Company: TENET HEALTHCARE CORP
Filing Date: 2025-07-30
Form: 10-Q
Item: Part I, Item 8
Chunk 140
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 for patient services from a variety of sources, primarily managed care payers and the federal Medicare program, as well as state Medicaid programs, indemnity‑based health insurance companies and uninsured patients (that is, patients who do not have health insurance and are not covered by some other form of third‑party arrangement).

The following table presents the sources of net patient service revenues for our hospitals and related outpatient facilities, expressed as percentages of net patient service revenues from all sources on a continuing operations basis:

Three Months EndedJune 30,Increase(Decrease)(1)Six Months EndedJune 30,Increase(Decrease)(1)2025202420252024Medicare15.3 %15.2 %0.1 %15.6 %15.5 %0.1 %Medicaid11.0 %10.8 %0.2 %10.9 %10.7 %0.2 %Managed care(2)70.2 %69.7 %0.5 %69.6 %69.4 %0.2 %Uninsured— %0.3 %(0.3)%0.5 %0.4 %0.1 %Indemnity and other3.5 %4.0 %(0.5)%3.4 %4.0 %(0.6)%

(1) The change is the difference between the 2025 and 2024 percentages presented.(2) Includes Medicare and Medicaid managed care programs.

Our payer mix on an admissions basis for our hospitals, expressed as a percentage of total admissions from all sources on a continuing operations basis, is presented below:

 Three Months EndedJune 30,Increase(Decrease)(1)Six Months EndedJune 30,Increase(Decrease)(1)Admissions from:2025202420252024Medicare18.5 %18.2 %0.3 %19.0 %19.0 %— %Medicaid3.8 %4.8 %(1.0)%3.7 %4.6 %(0.9)%Managed care(2)69.6 %68.8 %0.8 %69.4 %68.4 %1.0 %Charity and uninsured4.4 %4.7 %(0.3)%4