Receive a complete Daily History of this Stock You can receive a complete daily file of this issue since 1970 or stock inception. We will email you the file in ASCII format within a few hours or ordering. Product Details | Order

Business Description
Tenet Healthcare Corporation is an investor-owned healthcare services company in the United States. At May 31, 2002, the Company's subsidiaries and affiliates owned or operated 116 domestic general hospitals with 28,667 licensed beds and related healthcare facilities, serving urban and rural communities in 17 states. Tenet also owned one general hospital and related healthcare facilities in Barcelona, Spain, and held investments in other healthcare companies. The related healthcare facilities included a small number of rehabilitation hospitals, specialty hospitals, long-term care facilities, a psychiatric facility and medical office buildings located on the same campus as or nearby its general hospitals, physician practices and various ancillary healthcare businesses, including outpatient surgery centers, home healthcare agencies, occupational and rural healthcare clinics and health maintenance organizations.

Financial Information
THC is a healthcare services company that owns oroperates general hospitals and related healthcare facilities serving urban and rural communities in 17 states. As of 5/02, the Company operated 116 hospitals. For the fiscal year ended 5/31/02, revenues rose 15% to $13.91 billion. Net income before extraordinary item rose 51% to $1.03 billion. Revenues reflect an increase in patient volumes and acquisitions. Earnings also reflect lower asset impairment and interest expenses.