泰尼特保健 2026年季度报告

Washington, DC20549 Form10-Q Quarterly report pursuant to Section13 or 15(d)of the Securities Exchange Act of 1934 for the quarterly period endedMarch31, 2026 OR Transition report pursuant to Section13 or 15(d)of the Securities Exchange Act of 1934 for the transition period from__________to Commission File Number: 1-7293 TENET HEALTHCARE CORPORATION (Exact name of Registrant as specified in its charter) 95-2557091 (IRS Employer Identification No.) 14201 Dallas ParkwayDallas, TX 75254(Address of principal executive offices, including zip code) (469)893-2200(Registrant’s telephone number, including area code) Securities registered pursuant to Section12(b)of the Act: Indicate by check mark whether the Registrant (1)has filed all reports required to be filed by Section13 or 15(d)of theSecuritiesExchange Act of 1934 during the preceding 12months, and (2)has been subject to such filing requirements for the past90days.YesNo Indicate by check mark whether the Registrant has submitted electronically every Interactive Data File required to be submittedpursuant to Rule405 of Regulation S-T during the preceding 12months.YesNo Indicate by check mark whether the Registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smallerreporting company or an emerging growth company (each as defined in Exchange Act Rule12b-2). Large accelerated filerAccelerated filerNon-accelerated filer Smaller reporting company If an emerging growth company, indicate by check mark if the Registrant has elected not to use the extended transition period forcomplying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. Indicate by check mark whether the Registrant is a shell company (as defined in Exchange Act Rule12b-2).YesNo As of April22, 2026, there were 86,137 shares (in thousands) of the Registrant’s common stock outstanding. TENET HEALTHCARE CORPORATIONTABLE OF CONTENTS PagePARTI. FINANCIAL INFORMATIONItem 1.Financial Statements (Unaudited)Condensed Consolidated Financial Statements1Notes to Condensed Consolidated Financial Statements5Item 2.Management’s Discussion and Analysis of Financial Condition and Results of Operations21Item 3.Quantitative and Qualitative Disclosures About Market Risk37Item 4.Controls and Procedures38PARTII. OTHER INFORMATIONItem 1.Legal Proceedings39Item1A.Risk Factors39Item2.Unregistered Sales of Equity Securities and Use of Proceeds39Item 5.Other Information39Item 6.Exhibits40 TENET HEALTHCARE CORPORATION AND SUBSIDIARIESCONDENSED CONSOLIDATED BALANCE SHEETSDollars inMillions, Share Amounts in Thousands(Unaudited) TENET HEALTHCARE CORPORATION AND SUBSIDIARIESCONDENSED CONSOLIDATED STATEMENTS OF OPERATIONSDollars inMillions, Except Per-Share Amounts(Unaudited) Three Months Ended March31, TENET HEALTHCARE CORPORATION AND SUBSIDIARIESCONDENSED CONSOLIDATED STATEMENTS OF OTHER COMPREHENSIVE INCOMEDollars inMillions(Unaudited) Three Months Ended March31, TENET HEALTHCARE CORPORATION AND SUBSIDIARIESCONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWSDollars inMillions(Unaudited) Three Months Ended March31, TENET HEALTHCARE CORPORATIONNOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS NOTE 1. BASIS OF PRESENTATION Description of Business and Basis of Presentation Tenet Healthcare Corporation (together with our subsidiaries, referred to herein as “Tenet,” “we” or “us”) is a diversifiedhealthcare services company headquartered in Dallas, Texas. Our expansive, nationwide care delivery network consists of our HospitalOperations and Services (“Hospital Operations”) and Ambulatory Care segments. As of March31,2026, our Hospital Operationssegment was comprised of 50 acute care and specialty hospitals, a network of employed physicians and 132outpatient facilities,including urgent care centers, imaging centers, off-campus hospital emergency departments and micro‑hospitals. Our Ambulatory Caresegment is comprised of the operations of USPI Holding Company,Inc. (together with its subsidiaries, “USPI”), which held ownershipinterests in 541 ambulatory surgery centers and 26surgical hospitals at March31,2026. USPI held noncontrolling interests in 152 ofthese facilities, which are recorded using the equity method of accounting. In addition, we operate a Global Business Center (“GBC”)in the Philippines. Our Hospital Operations segment also provides revenue cycle management and value-based care services to hospitals andother healthcare facilities, health systems, physician practices, employers and other clients through Conifer Health Solutions, LLC(“Conifer”), which was a wholly owned subsidiary at March31,2026. We owned 76.2% of Conifer at December31,2025, and theremaining 23.8% was held by Catholic Health Initiatives (“CHI”), now known as CommonSpirit Health. Prior to January 2026,Conifer provided services to certain CHI facilities under an amended and restated master services agreement (the “RCMAgreement