Tenet Healthcare traded at $196.66 this Friday May 15th, decreasing $1.89 or 0.95 percent since the previous trading session. Looking back, over the last four weeks, Tenet Healthcare lost 2.43 percent. Over the last 12 months, its price rose by 18.85 percent. Looking ahead, we forecast Tenet Healthcare to be priced at 192.71 by the end of this quarter and at 181.32 in one year, according to Trading Economics global macro models projections and analysts expectations.
Tenet Healthcare Corporation is a diversified healthcare services company. The Company's segments include Hospital Operations and other (Hospital Operations) segment, Ambulatory Care segment and Conifer segment. Through its subsidiaries, partnerships and joint ventures, including USPI Holding Company, Inc. (USPI), The Company operates approximately 60 hospitals and more than 460 other healthcare facilities, including surgical hospitals, ambulatory surgery centers, imaging centers and other care sites and clinics. In addition, it operates Conifer Health Solutions, LLC through its Conifer Holdings, Inc. (Conifer) subsidiary, which provides revenue cycle management and value-based care services to hospitals, healthcare systems, physician practices, employers and other customers.