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MarketScreener Homepage  >  Equities  >  Nyse  >  Tenet Healthcare Corporation    THC

TENET HEALTHCARE CORPORATION

(THC)
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Tenet Healthcare : Appoints Saum Sutaria to Board of Directors

11/06/2020 | 10:12am EST

Tenet Healthcare Corporation (NYSE: THC) today announced the appointment of Saum Sutaria, M.D., the Company’s President and Chief Operating Officer, to its Board of Directors, effective immediately. This appointment expands the Board to include 11 directors.

Ron Rittenmeyer, Executive Chairman and CEO, said, “Saum has led a remarkable effort across the enterprise to enhance care delivery and critical support services to benefit the many stakeholders we serve. His leadership has been especially pivotal in accelerating our growth and performance, reassuring our ongoing resilience during the pandemic, and bringing to bear expanded offerings for patients notwithstanding the tremendous challenges we have faced in 2020. On behalf of my fellow directors, we are very pleased to welcome Saum to the Board and look forward to his contributions.”

Biographical Information

Saum Sutaria, M.D., serves as Tenet’s President and Chief Operating Officer. Prior to joining Tenet in 2019, he worked for McKinsey & Company for 18 years as an advisor to leading healthcare and private equity organizations.

Sutaria previously held an associate clinical faculty appointment at the University of California at San Francisco, where he also engaged in postgraduate training with a focus in internal medicine and cardiology.

Sutaria received his medical degree from the University of California, San Diego. He also received a bachelor’s degree in molecular and cellular biology and a bachelor’s degree in economics, both from the University of California, Berkeley.

About Tenet Healthcare

Tenet Healthcare Corporation (NYSE: THC) is a diversified healthcare services company headquartered in Dallas with 110,000 employees. Through an expansive care network that includes United Surgical Partners International, we operate 65 hospitals and approximately 520 other healthcare facilities, including surgical hospitals, ambulatory surgery centers, urgent care and imaging centers and other care sites and clinics. We also operate Conifer Health Solutions, which provides revenue cycle management and value-based care services to hospitals, health systems, physician practices, employers and other customers. Across the Tenet enterprise, we are united by our mission to deliver quality, compassionate care in the communities we serve. For more information, please visit www.tenethealth.com.


© Business Wire 2020
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Financials (USD)
Sales 2020 17 711 M - -
Net income 2020 205 M - -
Net Debt 2020 13 716 M - -
P/E ratio 2020 26,1x
Yield 2020 -
Capitalization 5 354 M 5 354 M -
EV / Sales 2020 1,08x
EV / Sales 2021 1,03x
Nbr of Employees 101 104
Free-Float 67,3%
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Technical analysis trends TENET HEALTHCARE CORPORATION
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TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 17
Average target price 49,63 $
Last Close Price 50,74 $
Spread / Highest target 36,0%
Spread / Average Target -2,20%
Spread / Lowest Target -60,6%
EPS Revisions
Managers and Directors
NameTitle
Ronald A. Rittenmeyer Executive Chairman & Chief Executive Officer
Saumya Sutaria President, Chief Operating Officer & Director
Daniel J. Cancelmi Chief Financial Officer
Paola Arbour Chief Information Officer & Senior Vice President
Joseph Robert Kerrey Lead Independent Director
Sector and Competitors