News Clips
Tenet Eases 4Q Concerns, But Hospitals Are Still Ailing PDF Print E-mail
Dow Jones Newswires, January 22, 2009 - Tenet Healthcare Corp. (THC) may have surprised Wall Street by predicting a fourth-quarter profit, but its lack of further earnings visibility highlights the toll an ailing U.S. economy and tough credit markets are taking on the hospital industry.


 
Tenet forecasts swinging to small 4Q profit PDF Print E-mail
Associated Press , January 22, 2009 - Hospital operator Tenet Healthcare Corp. said Thursday it expects to post profit of about $5 million for the 2008 fourth quarter, reversing a year-ago loss of $75 million, but said it can't yet predict how 2009 will play out.


 
Tenet Healthcare announces $1.6 bln debt exchange PDF Print E-mail
Reuters, Jan 22, 2009 - NEW YORK - Tenet Healthcare Corp (THC.N: Quote, Profile, Research, Stock Buzz) on Thursday announced a $1.6 billion debt exchange of outstanding notes that will be swapped for debt maturing in 2014 and 2019.


 
Despite economic woes, physician compensation increases PDF Print E-mail
Healthcare Finance News , January 16, 2009 - Despite the economic downturn in 2008, physicians have seen an average salary increase of 4.4 percent for specialists and 4 percent for primary care, according to Sullivan, Cotter and Associates, Inc. ' s 16th 2008 Physician Compensation and Productivity Survey Report.


 
Memorial blames economy for 47 layoffs PDF Print E-mail
The Tribune Democrat, January 20, 2009 - Decreasing patient volumes and loss of investment income during the economic downturn led the layoffs of 47 Memorial Medical Center employees Tuesday.


 
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