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DALLAS, Nov. 10, 2009 (GLOBE NEWSWIRE) StockPreacher.com announces an investment report featuring Tenet Healthcare Corporation (NYSE:THC). The report includes financial and investment analysis, analyst consensus, and pertinent industry information you need to know to make an educated investment decision.
The investment report on Tenet Healthcare Corporation (NYSE:THC) should be of particular interest to comparable healthcare services companies: Universal Health Service Inc. (NYSE:UHS), Unitedhealth Group Inc. (NYSE:UNH), WellPoint Inc. (NYSE:WLP) and Aetna Inc. (NYSE:AET).
The full report is available at: http://www.stockpreacher.com/n/THC
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Tenet Healthcare Corporation (THC) is an investor-owned health care services company, whose subsidiaries and affiliates principally operate general hospitals and related health care facilities. The Company's operations are conducted through its subsidiaries. As of December 31, 2008, THC's subsidiaries operated 53 general hospitals, a cancer hospital and a critical access hospital, with a combined total of 14,352 licensed beds, serving urban and rural communities in 12 states. Message Board Search for THC: http://www.boardcentral.com/boards/THC
In the report, the analyst notes:
"THC's results of operations have been and continue to be influenced by industry-wide challenges, including fluctuating volumes, decreased demand for inpatient cardiac procedures, and high levels of bad debt, that have negatively affected its revenue growth and operating expenses. THC believes its future profitability will be achieved through volume growth, appropriate reimbursement levels, and cost control across its portfolio of hospitals. It also believes its results of operations for the most recent fiscal quarter best reflect the trends the Company is currently experiencing with respect to volumes, revenues and expenses.
"THC recently announced that 42 of its hospitals received 257 quality designations through CIGNA HealthCare. These quality designations are based on outcomes for treatment of 29 surgical procedures and medical conditions. The patient outcomes data are based partially on a hospital's Centers for Medicare and Medicaid Services (CMS) Hospital Compare measures, Leapfrog Patient Safety Measures, mortality and complications rates."
To read the entire report visit: http://www.stockpreacher.com/n/THC
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