Company: THC
Filing Date: 2025-10-28
Form Type: 10-Q
Source: 0000070318-25-000046
Chunk: 89

Company: TENET HEALTHCARE CORP
Filing Date: 2025-10-28
Form: 10-Q
Item: Part I, Item 1
Chunk 89
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 mix, increased same‑hospital patient admissions, higher patient acuity, growth in Medicaid supplemental revenue and negotiated commercial rate increases in the 2025 period. 

During the nine months ended September 30, 2025, net operating revenues in our Ambulatory Care segment increased by $464 million, or 14.2%, as compared to the same period in 2024. This increase was driven by incremental revenue from our recent acquisitions, net of the impact of the closure and sale of certain facilities, as well as growth in same‑facility net operating revenues attributable to higher net revenue per case.

35

RESULTS OF OPERATIONS BY SEGMENT

Hospital Operations Segment

The following tables present operating statistics, revenues and expenses of our hospitals and related outpatient facilities on a same‑hospital basis, unless otherwise indicated:

 Same-HospitalSame-Hospital Three Months EndedSeptember 30,Increase(Decrease)Nine Months EndedSeptember 30,Increase(Decrease)Admissions, Patient Days and Surgeries2025202420252024Number of hospitals47 47 — (1)47 47 — (1)Total admissions117,240 115,562 1.5 %351,854 343,381 2.5 %Adjusted admissions212,370 209,351 1.4 %631,995 622,305 1.6 %Paying admissions (excludes charity and uninsured)111,930 110,356 1.4 %336,633 327,970 2.6 %Charity and uninsured admissions5,310 5,206 2.0 %15,221 15,411 (1.2)%Admissions through emergency department87,456 86,165 1.5 %265,256 257,027 3.2 %Paying admissions as a percentage of total admissions95.5 %95.5 %— %(1)95.7 %95.5 %0.2 %(1)Charity and uninsured admissions as a percentage of total admissions4.5 %4.5 %— %(1)4.3 %4.5 %(0.2)%(1)Emergency department admissions as a percentage of total admissions74.6 %74.6 %— %(1)75.4 %74.9 %0.5