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Tenet earnings.


Tenet Earnings: Tenet Healthcare Tenet Healthcare Corporation (THC) is an operating company that owns and operates 57 hospitals in the United States [1]. It is based in Dallas, Texas. Its stock ticker symbol on the New York Stock Exchange is NYSE: THC.  Corp. said its fourth-quarter charges may exceed $1 billion and its loss from continuing operations continuing operations

Parts of a business that are expected to be maintained as an ongoing segment of an overall business operation. Income and losses from continuing operations are reported separately if any segments have been discontinued during the
 will widen from the third quarter because of bad debt. The Santa Barbara-based hospital company, which will soon relocate re·lo·cate  
v. re·lo·cat·ed, re·lo·cat·ing, re·lo·cates

v.tr.
To move to or establish in a new place: relocated the business.

v.intr.
 to Texas, reported a third-quarter net loss of $70 million. The company has been reducing costs by selling hospitals and trying to resolve government allegations that it overbilled Medicare.
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Title Annotation:December 10-16; Tenet Healthcare Corp.
Publication:Los Angeles Business Journal
Article Type:Brief Article
Geographic Code:1U9CA
Date:Dec 20, 2004
Words:67
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