Company: THC
Filing Date: 2025-04-29
Form Type: 10-Q
Source: 0000070318-25-000017
Chunk: 88

Company: TENET HEALTHCARE CORP
Filing Date: 2025-04-29
Form: 10-Q
Item: Part I, Item 8
Chunk 88
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ees$125 $123 

7

NOTE 2. ACCOUNTS RECEIVABLE

The principal components of accounts receivable are presented in the table below: March 31, 2025December 31, 2024Patient accounts receivable$2,465 $2,386 Estimated future recoveries150 144 Cost report settlements receivable, net of payables and valuation allowances4 6 Accounts receivable, net$2,619 $2,536 Uninsured and Charity Patient CostsThe 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 Ended March 31, 20252024Estimated costs for:  Uninsured patients$114 $139 Charity care patients17 21 Total $131 $160 

NOTE 3. DISPOSITION OF ASSETS AND LIABILITIES

In January 2024, we completed the sale of three hospitals located in South Carolina and certain related operations (together, the “SC Hospitals”), all of which were held by our Hospital Operations segment. This transaction resulted in the recognition of a pre-tax gain on sale of $1.673 billion in the three months ended March 31, 2024. During the three months ended March 31, 2024, the SC Hospitals contributed $1.686 billion (inclusive of the gain discussed above) to income before income taxes in the accompanying Condensed Consolidated Statement of Operations. There was no corresponding amount in the three months ended March 31, 2025.In March 2024, we completed the following additional sales:•four hospitals and certain related operations located in Orange County and Los Angeles County, California, including facilities from both our Hospital Operations and Ambulatory Care segments, which resulted in the recognition of a pre‑tax gain on sale of $529 million in the three months ended March 31, 2024;•two hospitals and certain related operations located in San Luis Obispo County, California, all of which were held by our Hospital Operations segment, resulting in the recognition of a pre‑tax gain on sale of $278 million in the three months ended March 31, 2024; and•two ambulatory surgery centers located in South Carolina and held by our Ambulatory Care segment, which resulted in the recognition of a pre‑tax gain of $