|Bid||0.00 x 1400|
|Ask||0.00 x 1300|
|Day's Range||32.95 - 34.05|
|52 Week Range||12.25 - 39.74|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Now that the federal Centers for Medicare and Medicaid is dumping its most popular accountable care organization model because it is draining $39 million a year in taxpayer money, at least one Arizona group is getting out of that business. Todd Ricotta, executive director of the Arizona Care Network, said the network plans to stop participating in in one of the programs but will continue in with another model. "We still have to notify CMS of our decision to not participate." Accountable care organizations are groups of doctors, hospitals and other health care providers accountable for the cost and quality of care for their assigned patients.
Shares of the for-profit hospital operator deepened losses in Tuesday trading after the company announced during its second-quarter earnings call it is still working to offload its subsidiary Conifer Health Solutions. Ana Gupte, senior health-care services analyst at Leerink Partners, told CNBC that investors were disappointed with the timing and sale process of Conifer. Tenet Healthcare shares deepened losses in Tuesday trading after the company announced during its second-quarter earnings call it is still working to offload its subsidiary Conifer Health Solutions.
Tenet (THC) delivered earnings and revenue surprises of 104.17% and -1.64%, respectively, for the quarter ended June 2018. Do the numbers hold clues to what lies ahead for the stock?
DALLAS (AP) _ Tenet Healthcare Corp. (THC) on Monday reported second-quarter net income of $26 million, after reporting a loss in the same period a year earlier. The results topped Wall Street expectations.
Increased demand for healthcare products and service partly offset by reduced admissions and high costs are likely to affect Q2 earnings of healthcare industry.
Tenet Healthcare (THC) is likely to repeat its success story in Q2 on the back of a strong performance at the Conifer segment as well as its key initiatives.
Envision Healthcare (EVHC) Q2 earnings should gain from higher revenues from thePhysician Service segment and gains from cost control initiatives.
Tenet Healthcare (THC) is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat.
A report published Wednesday by the Center for Health Information and Analysis finds that 21 out of 29 health systems in the state reported positive total margins last year.
Hospitals have seen a slump in admissions and length of stays in the U.S. over the years as more Americans seek cheaper alternatives or look to fulfill their health-care needs more conveniently.
The potential of private capital coming in and rescuing hospitals is driving a rally in shares. While hospital stocks have staged a comeback this year, they’re still down 40 percent since their peak in mid-2015. Investors hope that "there could be more private capital seeking to take hospitals private," Leerink’s Ana Gupte said in an email.
LifePoint Health Inc (NASDAQ: LPNT ) announced Monday its $5.6-billion sale to Apollo Global Management LLC (NYSE: APO )’s RCCH Healthcare Partners. The buyout price, $400 million less than what Reuters ...
Dallas-based Tenet Healthcare Corp. is whittling down its debt as it sells off hospitals and explores a sale of its Frisco-based subsidiary, Conifer Health Solutions.
Check out the companies making headlines before the bell: Travelers TRV – The insurance company posted quarterly profit of $1.81 per share , well below the consensus estimate of $2.42 a share. Revenue was above forecasts, but the results were heavily impact by significant catastrophe losses, much of it weather-related.
UnitedHealth Group Inc. is among the companies interested in buying Conifer, the health-management unit of Tenet Healthcare Corp., in what could be a deal worth $2 billion or more.
The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy. - The European Union hit Alphabet Inc's Google with a record ...
healthcare management subsidiary Conifer in a deal that could be valued at $2 billion, according to published reports. A story in the online edition of The Wall Street Journal citing people familiar with the matter reported late Wednesday that it's not known who the other potential suitors are for Conifer, a business which accounted for 8% of Tenet's revenue last year. The report also noted there's no certainty UnitedHealth will make a deal for Conifer, and that Tenet may not sell the business.
UnitedHealth Group Inc. is among suitors exploring an acquisition of Tenet Healthcare Corp.’s health-care-management subsidiary, according to people familiar with the matter, as the industry giant pursues further expansion. Tenet, one of the largest U.S. hospital companies, has said it would weigh a sale of the unit, Conifer Health Solutions, which provides services to hospitals and physician groups. Tenet said it would make a decision in the first half of 2018 on Conifer, which accounted for about 8% of its revenue last year.
NYU School of Medicine announces plans to offer full scholarships to all students, covering a yearly tuition of $55,018. Yahoo Finance's Seana Smith, Pras Subramanian, Andy Serwer and Dan Howley discuss.