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Wednesday, April 7, 2010 as of 11:14 AM ET

Tenet Healthcare

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Tenet Healthcare

Tenet Healthcare Corporation, an investor-owned health-care delivery systems company based in Dallas, Texas.

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Get updates on Tenet Healthcare
Humana Expects Costs Of $45 Million For Hospital Settlement

Health insurer Humana Inc.

(HUM) said Monday it will pay about $45 million to resolve a five-year-old lawsuit filed a group of hospitals that had alleged breached agreements by Humana's military health-care business.Humana--which is still dealing with the case for a handful of hospitals that didn't settle--expects to incur the estimated expense in the second quarter, according to a company regulatory filing. As a result, Humana lowered its per-share guidance by 17 cents.The company now expects earnings in a range of $7.38 to $7.58 a share this year. For the second quarter, the company now is targeting earnings of $1.98 to $2.08 a share.The lawsuit was filed in 2007 by several hospitals, including ones run by Sacred Heart Health System Inc. and Tenet Healthcare Corp. (THC). The hospitals' lawsuit included allegations that Humana Military Healthcare Services Inc. breached network agreements with hospitals in six states that contracted for reimbursement of outpatient services for people c...

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  1. Tenet Healthcare CFO To Resign; Succeed Retiring Fluor Finance Head

    DOW JONES NEWSWIRESTenet Healthcare Corp. (THC) Chief Financial Officer Biggs C. Porter is resigning at month's end to become financial chief at engineering and cons...

  2. Hospital Chain Tenet Posts 4Q Net Loss

    Tenet Healthcare Inc (NYSE:N) the No. 3 U.S. hospital chain, posted a quarterly net loss on Tuesday, but raised its earnings forecast for 2012.Tenet posted a fourth-...

  3. Tenet Healthcare Swings To Loss, Revenue Edges Up

    Tenet Healthcare said Tuesday it swung to a fourth-quarter loss of $76 million, or 17 cents a share, from a profit of $74 million, or 14 cents a share, in the year-a...

  4. Can Government Regulate Birth Control?

    Father Jonathan Morris on the push for birth control in Catholic hospitals.

  5. Tenet Forecasts Higher Earnings for Next Two Years

    Hospital operator Tenet Healthcare Corp said on Monday it expects earnings to rise in 2012 and 2013.In a press release ahead of an investor presentation, the company...

  6. John Paulson’s Big Stock Changes (BAC, C, AEM, AU, COF, GFI, GRFS, JPM, LIFE, NYX, RAH, THC , WFC, GLD, NWSA)

    No money was injured while filmingBillionaire and hedge fund manager John Paulson of Paulson & Co. and of Paulson Management is a widely followed equity hedge fund m...

  7. Stocks Close Lower in Choppy Trading

    FOX Business: The Power to ProsperThe markets ended a volatile trading session slightly lower as traders weighed the market impact of the death of terror mastermind ...

  8. Tenet Healthcare Rejects Revised Takeover Bid From Rival Company

    FBN's Robert Gray on Tenet Healthcare rejecting the bid by Community Health Systems.

  9. Tenet rejects sweetened Community Health offer

    By Paul ThomaschNEW YORK (Reuters) - Tenet Healthcare Corp's <THC.N> board rejected the latest $3.3 billion offer from Community Health Systems <CYH.N>, saying the p...

  10. Tenet Rejects Sweetened Community Health Bid

    Tenet Healthcare Corp's (NYSE:THC) board rejected the latest $3.3 billion offer from Community Health Systems (NYSE:CYH), saying the price "grossly undervalues the c...

  11. Community Health converts Tenet offer to all-cash

    NEW YORK (Reuters) - Community Health Systems Inc <CYH.N> is converting its $3.3 billion bid for Tenet Healthcare Corp <THC.N> to all cash, the hospital operator sai...

  12. Stocks Slide After S&P Cuts U.S. Outlook

    FOX Business: The Power to ProsperThe markets ended the day deep in the red after Standard & Poor's cut its outlook for U.S sovereign debt. Today's MarketsThe Dow Jo...

  1. Humana Expects Costs Of $45 Million In Hospital Settlement

    Health insurer Humana Inc. (HUM) said Monday it will pay about $45 million to resolve a five-year-old lawsuit filed a group of hospitals that had alleged breached ag...

  2. Tenet Healthcare Profit Falls, Revenue Up 2.2%

    Tenet Healthcare Corp. on Tuesday said its first-quarter profit fell to $58 million, or 13 cents a share, from $73 million, or 14 cents a share, in the year-ago peri...

  3. HCA Reports Solid Volume, Profit In Preliminary 1Q Results

    HCA Holdings Inc. (HCA) provided a forecast Thursday for its first-quarter patient volume and profit that provided relief to a sector beset by pressures from the eco...

  4. Tenet Getting $84 Mln In Cash For U.S. Settlement

    Tenet Healthcare Corp. said Thursday it'll get $84 million under an industrywide settlement with the U.S. government related to underpayments from Medicare. Tenet sa...

  5. Moody's: Repeal Of Health Law Would Harm For-Profit Hospitals

    DOW JONES NEWSWIRESIf the U.S. Supreme Court repeals the 2010 health-care law, for-profit hospital operators would suffer as costs for treating patients who can't pa...

  6. Which Health-Care Stocks are the Best Bets?

    FBN's Ashley Webster breaks down the stocks that will be the winners and losers on the Supreme Court case.

  7. Tenet , Insurers Lead Health-care Stocks Higher

    Health-care stocks led the broader market higher Monday as the U.S. Supreme Court listened to arguments concerning the legality of President Barack Obama's health-ca...

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