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Tenet has ‘outstanding’ 2024, addresses policy changes in Washington

Tenet Healthcare’s $3.2bn profit for 2024 was more robust than expected but Q4 operating revenues missed Wall Street forecasts. The company lowered its emphasis on hospital services, selling 14 providers and added 70 ambulatory surgery centres, generating $1.8bn. CEO Saum Sutaria revealed plans to invest $250m on acquisitions in this area, though it could look at hospital growth.

Source: www.healthcaredive.com –

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