THC · Tenet Healthcare Corp
$267.90
+0.85 (+0.32%)
At close · Aug 14
View the 10-K filed Feb 17, 2026
Customer concentration
— key customers 70% of revenue
Key customers — 70% of revenue (the year ended December 31, 2025)
“For the year ended December 31, 2025, approximately 70%, or $9.696 billion, of our net patient service revenues for the hospitals and related outpatient facilities in our Hospital Operations segment was attributable to managed care payers, including Medicare and Medicaid managed care programs.”
10 customers — 69% of revenue (the year ended December 31, 2025)
“our top 10 managed care payers generated 69% of our managed care net patient service revenues for the year ended December 31, 2025.”
Key customers — 67% of receivables (At December 31, 2025)
“At December 31, 2025, 67% of our Hospital Operations segment’s net accounts receivable was due from managed care payers.”
Market Cap
$21.57B
Shares
80.52M
Notices of intent to sell restricted or control shares, filed with the SEC on Form 144 by insiders and affiliates. A Form 144 signals a planned sale — it does not confirm the shares were actually sold.
| Filed | Seller | Relationship | Shares | Approx. Sale | Broker |
|---|---|---|---|---|---|
| 2026-08-07 | Romo Tammy | Director | 2,500 | 2026-08-07 | Fidelity Brokerage Services LLC |
| 2026-08-06 | Romo Tammy | Director | 4,922 | 2026-08-06 | Fidelity Brokerage Services LLC |
| 2026-08-05 | Blunt Roy | Director | 600 | 2026-08-05 | Fidelity Brokerage Services LLC |
| 2026-07-29 | Foo Lisa Y | Officer | 10,000 | 2026-07-29 | Fidelity Brokerage Services LLC |
| 2026-07-27 | Arbour Paola M | Officer | 10,878 | 2026-07-27 | Fidelity Brokerage Services LLC |
| 2026-07-27 | BIERMAN JAMES L | Director | 5,000 | 2026-07-27 | Fidelity Brokerage Services LLC |
| 2026-05-28 | KERREY J ROBERT | Director | 5,638 | 2026-05-28 | Fidelity Brokerage Services LLC |
| 2026-05-27 | West Nadja | Director | 3,000 | 2026-05-27 | Fidelity Brokerage Services LLC |
| 2026-03-11 | Arbour Paola M | Officer | 6,500 | 2026-03-11 | Fidelity Brokerage Services LLC |
| 2026-03-09 | Arnst Thomas W | Officer | 8,000 | 2026-03-09 | Fidelity Brokerage Services LLC |
| 2026-03-02 | Arnst Thomas W | Officer | 24,000 | 2026-03-02 | Fidelity Brokerage Services LLC |
| 2025-12-15 | West Nadja | Director | 2,178 | 2025-12-15 | Fidelity Brokerage Services LLC |
| 2025-11-06 | Ramsey R. Scott | Officer | 13,322 | 2025-11-06 | Fidelity Brokerage Services LLC |
| 2025-11-05 | Romo Tammy | Director | 645 | 2025-11-05 | Fidelity Brokerage Services LLC |
| 2025-11-04 | Romo Tammy | Director | 11,756 | 2025-11-04 | Fidelity Brokerage Services LLC |
| 2025-11-03 | Romo Tammy | Director | 15,099 | 2025-11-03 | Fidelity Brokerage Services LLC |
| 2025-10-29 | FISHER RICHARD W | Director | 2,500 | 2025-10-29 | Fidelity Brokerage Services LLC |
| 2025-09-10 | Sutaria Saumya | Officer, Director | 78,762 | 2025-09-10 | Fidelity Brokerage Services LLC |
| 2025-08-20 | Foo Lisa Y | Officer | 8,000 | 2025-08-20 | Fidelity Brokerage Services LLC |
| 2025-06-05 | Arbour Paola M | Officer | 7,738 | 2025-06-05 | Fidelity Brokerage Services LLC |
| 2025-06-05 | FISHER RICHARD W | Director | 836 | 2025-06-05 | Fidelity Brokerage Services LLC |
| 2025-05-29 | BIERMAN JAMES L | Director | 4,613 | 2025-05-29 | Fidelity Brokerage Services LLC |
| 2025-05-27 | KERREY J ROBERT | Director | 1,222 | 2025-05-27 | Fidelity Brokerage Services LLC |
| 2025-05-27 | FISHER RICHARD W | Director | 3,077 | 2025-05-27 | Fidelity Brokerage Services LLC |
| 2025-05-27 | BIERMAN JAMES L | Director | 1,551 | 2025-05-27 | Fidelity Brokerage Services LLC |
| 2025-05-23 | BIERMAN JAMES L | Director | 13,836 | 2025-05-23 | Fidelity Brokerage Services LLC |
| 2025-05-21 | Arnst Thomas W | Officer | 9,786 | 2025-05-21 | Fidelity Brokerage Services LLC |
| 2025-05-15 | Arbour Paola M | Officer | 6,461 | 2025-05-15 | Fidelity Brokerage Services LLC |
| 2025-05-09 | KERREY J ROBERT | Director | 5,001 | 2025-05-09 | Fidelity Brokerage Services LLC |
| 2025-03-11 | KERREY J ROBERT | Director | 9,525 | 2025-03-11 | Fidelity Brokerage Services LLC |
| 2025-03-04 | HANEY CECIL D | Director | 2,500 | 2025-03-04 | Fidelity Brokerage Services LLC |
| 2024-10-31 | Foo Lisa Y | Officer | 4,000 | 2024-10-31 | Fidelity Brokerage Services LLC |
| 2024-08-27 | FISHER RICHARD W | Director | 2,000 | 2024-08-27 | Fidelity Brokerage Services LLC |
| 2024-08-16 | Arbour Paola M | Officer | 8,377 | 2024-08-16 | Fidelity Brokerage Services LLC |
| 2024-08-15 | Sutaria Saumya | Member of immediate family of any of the foregoing | 13,773 | 2024-08-15 | Fidelity Brokerage Services LLC |
| 2024-08-14 | Sutaria Saumya | Member of immediate family of any of the foregoing | 86,227 | 2024-08-14 | Fidelity Brokerage Services LLC |
| 2024-08-06 | Fitzgerald Meghan | Director | 20,000 | 2024-08-06 | Fidelity Brokerage Services LLC |
| 2024-06-10 | FISHER RICHARD W | Director | 1,400 | 2024-06-10 | Fidelity Brokerage Services LLC |
| 2024-05-31 | KERREY J ROBERT | Director | 9,500 | 2024-05-31 | Fidelity Brokerage Services LLC |
| 2024-05-30 | KERREY J ROBERT | Director | 14,322 | 2024-05-30 | Fidelity Brokerage Services LLC |
| 2024-05-09 | West Nadja | Director | 1,782 | 2024-05-09 | Fidelity Brokerage Services LLC |
| 2024-05-07 | FISHER RICHARD W | Director | 2,500 | 2024-05-07 | Fidelity Brokerage Services LLC |
| 2024-05-01 | Arnst Thomas W | Officer | 8,148 | 2024-05-01 | Fidelity Brokerage Services LLC |
| 2024-03-12 | MARK RICHARD J | Director | 14,000 | 2024-03-12 | Fidelity Brokerage Services LLC |
| 2024-03-06 | Arbour Paola M | Officer | 18,168 | 2024-03-06 | Fidelity Brokerage Services LLC |
| 2024-03-01 | Arnst Thomas W | Officer | 17,000 | 2024-03-01 | Fidelity Brokerage Services LLC |
| 2024-02-14 | FISHER RICHARD W | Director | 2,100 | 2024-02-14 | Fidelity Brokerage Services LLC |
| 2023-11-22 | FISHER RICHARD W | Director | 1,000 | 2023-11-22 | Fidelity Brokerage Services, LLC. |
| 2023-11-21 | FISHER RICHARD W | Director | 5,000 | 2023-11-21 | Fidelity Brokerage Services LLC |
| 2023-06-02 | Arbour Paola M | Officer | 38,556 | 2023-06-02 | Fidelity Brokerage Services LLC |
Showing 1–50 of 52 filings
Key facts
CIK
70318
CUSIP
88033G407
13F (30d)
610 filings
598 filers
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