Tenet Healthcare Corporation, an investor-owned health-care delivery systems company based in Dallas, Texas. THC owns and operates 49 acute-care hospitals in 11 states and 90 outpatient centers in 12 states, with a majority of these hospitals in California, Florida and Texas. Headquartered in downtown Dallas, Tenet has more than 13,000 licensed beds and 57,000 employees. The company’s hospitals offer acute care, radiology and respiratory therapy services, as well as operating and recovery rooms, clinical laboratories and pharmacies. In addition, Tenet hospitals offer intensive care,... critical care and coronary care units; physical therapy; orthopedic, oncology, outpatient, organ transplant and surgical services. Tenet was founded in 1967 by three lawyers: Richard Eamer, Leonard Cohen and John Bedrosian and originally named National Medical Enterprises and originally headquartered in Los Angeles, California. The company spent its first decade building and acquiring medical facilities and related services. The company began seven construction projects in 1971, tripling in size within a year. In the mid-1980s, NME shifted its focus to specialty hospitals.
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| NYSE symbol: | THC |
| Founded: | 1967 |
| Headquarters: | Dallas, Texas |
| Annual revenue: | $8,663,000,000 |
| Net income: | $25,000,000 |
| Operating income: | $300,000,000 |
| Market cap: | $2,500,000,000 |
| Industries: | General Medical and Surgical Hospitals, Hospitals |