Exclusive: Tenet furloughs 10% of workforce due to coronavirus cutbacks [Reuters]
Tenet Healthcare Corporation (THC)
Last tenet healthcare corporation earnings: 2/24 04:21 pm
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Source: Reuters
Exclusive: Tenet furloughs 10% of workforce due to coronavirus cutbacks (Reuters) - Hospital operator Tenet Healthcare Corp ( THC.N ) has put around 10% of its workforce on furlough due to a reduction in elective surgeries and other services brought about by the coronavirus outbreak, according to a letter sent to employees on Wednesday. Employees on furlough include those in certain administrative support jobs and corporate office jobs as well as healthcare workers involved in elective care procedures such as knee replacements and routine colonoscopies. “All of our ambulatory centers and certain hospital units which were not needed for this crisis have been closed or significantly ramped down,” Tenet Chief Executive Officer Ron Rittenmeyer said in the letter reviewed by Reuters and reported here for the first time. “While we are concerned for the COVID-19 patients we are caring for across our system, we are equally concerned for our other patients who must now wait to receive medica
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THC
News
- Oakland County Sheriff's Office building remains closed after tests detect Legionella bacteria [CBS News]CBS News
- Detroit Medical Center announces new visitor restrictions amid flu uptick in Michigan [CBS News]CBS News
- Tenet Healthcare (NYSE:THC) had its "buy (b-)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
- Tenet Healthcare (NYSE:THC) had its price target raised by analysts at Guggenheim from $238.00 to $257.00. They now have a "buy" rating on the stock.MarketBeat
- Tenet Healthcare (THC): Evaluating Valuation Following Strong Share Price Performance [Yahoo! Finance]Yahoo! Finance
THC
Earnings
- 10/28/25 - Beat
THC
Sec Filings
- 11/24/25 - Form 8-K
- 11/18/25 - Form 8-K
- 11/7/25 - Form 4
- THC's page on the SEC website