About Tenet Healthcare
Tenet Healthcare is a company based in Dallas (United States) founded in 1967.. The company has 98,000 employees as of December 31, 2024. Tenet Healthcare has completed 6 acquisitions, including Aspen Healthcare, CareSpot and Slidell Memorial Hospital. Tenet Healthcare operates in a competitive market with competitors including AdventHealth, Baptist Health South Florida, WellSpan, Intermountain Healthcare and NYU Langone, among others.
- Headquarter Dallas, United States
- Employees 98000 as on 31 Dec, 2024
- Stage Public
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Sectors
Healthcare
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Phone
*********
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Website
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Social
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- Legal Name Tenet Healthcare Corporation
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Annual Revenue
$20.66 B0.57as on Dec 31, 2024
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Net Profit
$3.2 B423.73as on Dec 31, 2024
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EBITDA
$3.73 B12.98as on Dec 31, 2024
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Latest Funding Round
$517 M (USD), Grant
May 21, 2020
- Investors
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Employee Count
98000
as on Dec 31, 2024
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Investments & Acquisitions
Aspen Healthcare
& 5 more
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IPO & Listings of Tenet Healthcare
Tenet Healthcare is a publicly listed company on the NYSE with ticker symbol THC in USA, operating in the Health services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
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Software Development Team
116 people
Leadership Team
79 people
Finance and Accounting
51 people
Legal and Compliance
41 people
Operations Team
35 people
Human Resources and Administration
29 people
Senior Team
22 people
Sales and Marketing
16 people
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Funding Insights of Tenet Healthcare
- Total Funding Total Funding
- Total Rounds 8
- Last Round Grant — $517.0M
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First Round
First Round
(08 Jul 2008)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| May, 2020 | Amount | Grant - Tenet Healthcare | Valuation |
investors |
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| Jan, 2019 | Amount | Debt – Conventional - Tenet Healthcare | Valuation |
investors |
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| Jun, 2017 | Amount | Debt – Conventional - Tenet Healthcare | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Tenet Healthcare
Tenet Healthcare has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include HHS. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Public health and human services are overseen by HHS.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Tenet Healthcare
Tenet Healthcare has strategically engaged in corporate development activities, having acquired 6 companies. Notable acquisitions include Aspen Healthcare, CareSpot and Slidell Memorial Hospital. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Palletised freight distribution services are provided via a hub-and-spoke network.
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2002 | ||||
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Urgent care services are delivered through a chain of clinics.
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2001 | ||||
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Chain of multispeciality hospitals
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1998 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Tenet Healthcare
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Tenet Healthcare Comparisons
Competitors of Tenet Healthcare
Tenet Healthcare operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as AdventHealth, Baptist Health South Florida, WellSpan, Intermountain Healthcare and NYU Langone, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Healthcare services are delivered through AdventHealth's integrated system.
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| domain | founded_year | HQ Location |
Healthcare services are delivered via facilities in South Florida.
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| domain | founded_year | HQ Location |
Healthcare services are delivered by WellSpan across United States facilities.
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| domain | founded_year | HQ Location |
Healthcare services are delivered through integrated hospital networks.
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| domain | founded_year | HQ Location |
Health system
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| domain | founded_year | HQ Location |
Health system
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Tenet Healthcare
Frequently Asked Questions about Tenet Healthcare
When was Tenet Healthcare founded?
Tenet Healthcare was founded in 1967 and raised its 1st funding round 41 years after it was founded.
Where is Tenet Healthcare located?
Tenet Healthcare is headquartered in Dallas, United States. It is registered at Dallas, Texas, United States.
Who is the current CEO of Tenet Healthcare?
Saum Sutaria is the current CEO of Tenet Healthcare.
How many employees does Tenet Healthcare have?
As of Dec 31, 2024, the latest employee count at Tenet Healthcare is 98,000.
What is the annual revenue of Tenet Healthcare?
Annual revenue of Tenet Healthcare is $20.66B as on Dec 31, 2024.
What does Tenet Healthcare do?
Tenet Healthcare is a diversified healthcare services company which leverages its network of subsidiaries, partnerships and joint ventures, including United Surgical Partners International (USPI), to operate 87 general acute care hospitals, 20 short-stay surgical hospitals and over 440 outpatient centers in the United States, as well as 9 facilities in the United Kingdom. Tenets Conifer Health Solutions subsidiary provides technology-enabled performance improvement and health management solutions to hospitals, health systems, integrated delivery networks (IDN), physician groups, self-insured organizations, and health plans. Claims to be one of the largest investor-owned health care delivery systems in the US. In 2022, the company recorded annual revenues of 19.45B and a net profit of 0.41B.
Who are the top competitors of Tenet Healthcare?
Tenet Healthcare's top competitors include Intermountain Healthcare, WellSpan and NYU Langone.
Is Tenet Healthcare publicly traded?
Yes, Tenet Healthcare is publicly traded on NYSE under the ticker symbol THC.
How many acquisitions has Tenet Healthcare made?
Tenet Healthcare has made 6 acquisitions, including Aspen Healthcare, CareSpot, and Slidell Memorial Hospital.
Who are Tenet Healthcare's investors?
Tenet Healthcare has 1 investor. Key investors include HHS.
What is Tenet Healthcare's ticker symbol?
The ticker symbol of Tenet Healthcare is THC on NYSE.
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