Tenet 4Q Loss Narrows On Higher Prices; Sees More Red Ink
Tenet Healthcare Corp.’s
(THC) fourth-quarter loss narrowed as the hospital
operator saw improved results amid higher prices.
The company also projected a 2009 loss bigger than expectations,
, according to
Thomson Reuters. Revenue is seen rising to
$9 billion to $9.2 billion
, in line
with estimates, with admissions growth of as much as 1%. Last year’s admissions
increase was 1.2%.
Tenet, which has been struggling to gain its footing after settling government
probes in 2006 over past pricing plans, has changed management, shed hospitals
and made improvements that earned it good-quality ratings from the Department of
Health and Human Services. Still, it faces high supply costs, delays in key
asset sales and high debt levels.
, or
a share, compared with a
year-earlier net loss of
, or
a share. The latest quarter
included a
write-down from the sale two weeks ago of facilities at
the University of Southern California.
Revenue increased 5.7% to
$2.2 billion
.
$2.21 billion
.
Hospitals have struggled for years with tepid volumes of commercially insured
patients and large numbers of uninsured patients who can’t pay their medical
bills. Now, the credit crisis has prompted many hospitals to delay capital
spending and the recession threatens to further erode business.
Same-hospital adjusted earnings before interest, taxes, depreciation and
amortization, the industry benchmark used to track the financial performance of
those hospitals under a company’s wing for more than a year, climbed 27%.
Same-hospital admissions edged down 0.2%, as more-profitable commercial
managed-care admissions fell 3% and government managed-care admissions increased
10.1%. But inpatient revenue per admission increased 3.6%, with the increase for
outpatients at 7%.
The company’s bad debt expense increased 23%, hurt in part by a decline in its
self-pay collection rate. There is concern that the weak economy, including job
losses in particular, will lead to more uninsured patients, uncompensated care
and bad debt.
Shares were up 12.2% at
$1.10
a share premarket. The stock has lost more than
three-quarters of its value since August.
, Dow Jones Newswires; 201-938-2310; shirleen.dorman@
dowjones.com
(END) Dow Jones Newswires
02-24-09 0825ET
Copyright (c) 2009 Dow Jones & Company, Inc.
July 29th, 2011 at 7:53 am
Order@Cheap.Abana” rel=”nofollow”>..…
Buynow it…
July 29th, 2011 at 12:09 pm
Buy@Abilify.Online” rel=”nofollow”>..…
Buygeneric meds…
July 29th, 2011 at 12:36 pm
Buy@Cheap.Abilify” rel=”nofollow”>..…
Buynow it…
July 29th, 2011 at 6:23 pm
pictures@of.abilify” rel=”nofollow”>..…
Buyno prescription…
July 29th, 2011 at 10:48 pm
Purchase@Generic.Abilify.5mg.10mg.15mg.20mg.30mg” rel=”nofollow”>.…
Buynow it…
July 30th, 2011 at 4:55 am
Buy@Cheap.Acai” rel=”nofollow”>..…
Buydrugs without prescription…
July 31st, 2011 at 2:35 am
Order@Generic.Acai” rel=”nofollow”>..…
Buywithout prescription…
July 31st, 2011 at 5:32 pm
Purchase@Coral.Calcium.Online” rel=”nofollow”>..…
Buygeneric drugs…
July 31st, 2011 at 6:59 pm
Get@Coral.Calcium.Online” rel=”nofollow”>……
Buywithout prescription…
August 1st, 2011 at 7:30 am
..…
Buyit now…
August 3rd, 2011 at 9:45 am
Cheap@Abilify.5mg.10mg.15mg.20mg.30mg” rel=”nofollow”>.…
Buygeneric meds…
August 3rd, 2011 at 4:45 pm
Buy@Cheap.Acai” rel=”nofollow”>.…
Buywithout prescription…
August 3rd, 2011 at 8:00 pm
Order@Acai.Online” rel=”nofollow”>……
Buynow it…
August 3rd, 2011 at 8:09 pm
Order@Acai.Online” rel=”nofollow”>……
Buyit now…
August 4th, 2011 at 1:30 am
Purchase@Cheap.Acai” rel=”nofollow”>……
Buygeneric drugs…
August 4th, 2011 at 2:58 am
Purchase@Discount.Acai” rel=”nofollow”>……
Buygeneric drugs…
August 4th, 2011 at 5:45 am
Cheap@Acai.Online” rel=”nofollow”>……
Buynow…
August 5th, 2011 at 2:23 am
Buy@Cheap.Energy.Boost” rel=”nofollow”>.…
Buygeneric drugs…
August 5th, 2011 at 9:52 am
Purchase@Discount.Energy.Boost” rel=”nofollow”>.…
Buynow it…
August 5th, 2011 at 2:22 pm
Buy@Cheap.Accupril” rel=”nofollow”>.…
Buygeneric meds…
August 5th, 2011 at 7:49 pm
Purchase@Accupril.Online” rel=”nofollow”>.…
Buygeneric drugs…
August 7th, 2011 at 2:29 am
Cheap@Generic.Accutane.10mg.20mg” rel=”nofollow”>.…
Buyno prescription…
August 7th, 2011 at 6:41 am
Buy@Cheap.Aciphex” rel=”nofollow”>.…
Buygeneric meds…
August 7th, 2011 at 7:28 pm
Cheap@Aciphex.Online” rel=”nofollow”>.…
Buynow it…
August 9th, 2011 at 9:01 am
Order@Discount.Acomplia” rel=”nofollow”>.…
Buygeneric drugs…
August 10th, 2011 at 8:35 pm
Great One…
I must say, its worth it! My link, http://denver.1thingus.com/in-the-community/message/define-your-bridal-dress-type,thanks haha…
August 10th, 2011 at 11:20 pm
Buy@Cheap.Actoplus.Met” rel=”nofollow”>..…
Buygeneric meds qmo…
August 11th, 2011 at 9:11 am
Purchase@Cheap.Actos” rel=”nofollow”>..…
Buynow it vhx…
August 11th, 2011 at 5:25 pm
Purchase@Actos.Without.Prescription” rel=”nofollow”>..…
Buygeneric drugs krg…
August 12th, 2011 at 2:48 pm
Order@Cheap.Adalat” rel=”nofollow”>..…
Buygeneric drugs lzt…
August 12th, 2011 at 9:38 pm
Order@Discount.Coral.Calcium” rel=”nofollow”>..…
Buywithout prescription dyo…
August 13th, 2011 at 5:47 am
Cheap@Abana.Online” rel=”nofollow”>..…
Buynow it tly…
August 14th, 2011 at 12:33 pm
Get@Acai.Online” rel=”nofollow”>……
Buynow it zdg…
August 14th, 2011 at 1:45 pm
Buy@Generic.Acai” rel=”nofollow”>.…
Buygeneric drugs mby…
August 14th, 2011 at 9:19 pm
Cheap@Generic.Acai” rel=”nofollow”>……
Buydrugs without prescription vrg…
August 15th, 2011 at 1:09 pm
Order@Cheap.Energy.Boost” rel=”nofollow”>..…
Buyno prescription wkp…
August 15th, 2011 at 2:07 pm
Order@Discount.Energy.Boost” rel=”nofollow”>..…
Buyno prescription gdt…
August 18th, 2011 at 6:07 am
Order@Cheap.Aciphex” rel=”nofollow”>..…
Buydrugs without prescription faj…
August 18th, 2011 at 9:46 am
Purchase@Cheap.Aciphex” rel=”nofollow”>.…
Buygeneric drugs axm…
August 18th, 2011 at 11:01 am
Purchase@Discount.Aciphex” rel=”nofollow”>..…
Buyno prescription jui…
August 18th, 2011 at 10:30 pm
Purchase@Aciphex.Without.Prescription” rel=”nofollow”>.…
Buydrugs without prescription xab…
August 19th, 2011 at 2:16 am
Cheap@Aciphex.20mg” rel=”nofollow”>.…
Buyit now ojb…
August 19th, 2011 at 4:44 am
Buy@Generic.Aciphex.20mg” rel=”nofollow”>……
Buydrugs without prescription jlg…
August 19th, 2011 at 11:45 pm
Purchase@Discount.Acomplia” rel=”nofollow”>……
Buydrugs without prescription ttp…
August 21st, 2011 at 7:53 am
Buy@Actonel.Online” rel=”nofollow”>..…
Buydrugs without prescription hak…
August 21st, 2011 at 10:54 am
Buy@Discount.Actonel” rel=”nofollow”>..…
Buyno prescription lka…
August 21st, 2011 at 4:08 pm
Order@Cheap.Actonel” rel=”nofollow”>.…
Buygeneric drugs nih…
August 21st, 2011 at 6:48 pm
Purchase@Actonel.Online” rel=”nofollow”>……
Buygeneric drugs vbr…
August 23rd, 2011 at 3:00 am
Order@Discount.Advair” rel=”nofollow”>..…
Buyno prescription tao…
August 23rd, 2011 at 8:20 am
Purchase@Cheap.Advair” rel=”nofollow”>.…
Buygeneric pills oir…
August 23rd, 2011 at 1:40 pm
Get@Advair.Online” rel=”nofollow”>.…
Buygeneric drugs hwi…
August 23rd, 2011 at 5:40 pm
Buy@Generic.Advair.Without.Prescription” rel=”nofollow”>..…
Buyno prescription jwi…
August 25th, 2011 at 6:24 am
Get@Aggrenox.Online” rel=”nofollow”>……
Buynow fjl…
August 25th, 2011 at 1:04 pm
Order@Cheap.Albenza” rel=”nofollow”>……
Buynow it sxk…
August 26th, 2011 at 1:14 pm
acomplia@sleep.apnea” rel=”nofollow”>.…
Buygeneric drugs…
August 27th, 2011 at 10:34 pm
arava@adverse.events” rel=”nofollow”>……
Buygeneric meds…
August 28th, 2011 at 3:28 am
risperdal@vs.abilify” rel=”nofollow”>.…
Buygeneric drugs…
August 28th, 2011 at 3:08 pm
actos@side.effects.edema” rel=”nofollow”>..…
Buygeneric drugs…
August 28th, 2011 at 7:08 pm
allegra@generic.purchase” rel=”nofollow”>……
Buynow…
August 29th, 2011 at 7:39 am
how@to.monitor.anafranil” rel=”nofollow”>.…
Buyno prescription…
September 16th, 2011 at 3:08 pm
……
Search music now US Charts…
October 16th, 2011 at 11:43 pm
marijuana cancer…
Buy_now…
October 17th, 2011 at 3:34 am
sleep aids and half-life…
Buy_it now…
October 18th, 2011 at 9:11 am
adhd drugs causing hallucinations…
Buy_generic meds…
October 18th, 2011 at 3:51 pm
alberta alcohol and drug abuse commission…
Buy_generic meds…
October 20th, 2011 at 4:12 am
recipes for gastric bypass patients…
Buy_now…
October 20th, 2011 at 9:12 am
number of obese in this generation…
Buy_generic meds…
October 20th, 2011 at 10:52 am
aspirin pain relief dog…
Buy_drugs without prescription…
October 20th, 2011 at 3:52 pm
citalopram length of use…
Buy_drugs without prescription…
October 21st, 2011 at 5:43 am
drug alcohol prevention resilience…
Buy_it now…
October 22nd, 2011 at 12:03 am
weight gain stories feeders…
Buy_drugs without prescription…
October 22nd, 2011 at 8:23 am
accutane birth defects…
Buy_it now…
October 23rd, 2011 at 4:59 am
menstrual patterns in menopause…
Buy_no prescription…
October 24th, 2011 at 5:04 pm
dependent disorder anxiety…
Buy_generic pills…
October 25th, 2011 at 7:44 pm
research being done to treat hiv…
Buy_generic pills…
October 26th, 2011 at 9:04 am
herbal flee collars for dogs…
Buy_generic pills…
October 27th, 2011 at 12:04 am
serotonin natural sources…
Buy_generic meds…
October 27th, 2011 at 5:04 am
statistics on pregnancy in high school…
Buy_generic meds…
October 28th, 2011 at 2:24 pm
planar warts…
Buy_drugs without prescription…
October 29th, 2011 at 10:56 pm
high calorie diet for babies…
Buy_generic drugs…
October 30th, 2011 at 2:17 am
cures for fingernail fungi…
Buy_generic meds…
October 31st, 2011 at 10:41 am
bacterial staphylococcus aureus meningitis symptoms…
Buy_without prescription…
November 1st, 2011 at 6:41 am
st joseph aspirin coupon…
Buy_generic pills…
November 1st, 2011 at 8:21 am
stop smoking phlegm…
Buy_drugs without prescription…
November 3rd, 2011 at 2:27 pm
what foods anorexia eat…
Buy_drugs without prescription…
November 5th, 2011 at 9:05 am
hot spots or cancer…
Buy_without prescription…
November 6th, 2011 at 12:05 am
nexium pepsin ac…
Buy_generic drugs…
November 6th, 2011 at 1:45 am
south beach diet foods to avoid…
Buy_no prescription…
November 7th, 2011 at 4:04 pm
teen girl 16 18.6 bmi…
Buy_generic drugs…
November 8th, 2011 at 10:54 am
acne scar and pit lamp…
Buy_generic drugs…
November 9th, 2011 at 7:18 am
altitude and pregnancy…
Buy_it now…
November 9th, 2011 at 10:39 am
glucophage powered by vbulletin version 2.2.1…
Buy_generic pills…
November 9th, 2011 at 12:18 pm
synephrine hcl diet pills…
Buy_generic pills…
November 10th, 2011 at 11:18 pm
terry abbot…
Buy_generic drugs…
November 11th, 2011 at 5:39 pm
medical nebulizer…
Buy_generic meds…
November 13th, 2011 at 4:18 pm
macon georgia drug court…
Buy_without prescription…
November 15th, 2011 at 11:36 pm
drug citalopram side effects…
Buy_generic drugs…
November 16th, 2011 at 2:36 pm
air purifiers for allergies…
Buy_generic meds…