Healthcare Magazine April 2018 | Page 59

TOP 10

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TENET HEALTHCARE CORP $ 19.62BN

Tenet Healthcare Corp operates out of Dallas , Texas , and specialises in healthcare management and operations services , including acute care hospitals , ambulatory surgery centres , diagnostic imaging centres , COMMUNITY HEALTH SYSTEMS $ 18.44BN

Franklin , Tennessee-based company

Community Health Systems specialises in the management and operation of hospitals , with a focus on inpatient , outpatient , and home healthcare services . The company reported a net revenue of $ 18.44bn in 2017 , also reporting an end-ofyear loss in profits of over $ 1.7bn , in comparison to the previous financial year ’ s profits in excess of $ 163mn . CHS “ sold 30 hospitals last year and , according to CEO Wayne Smith , more facilities will be leaving the company in 2018 ,” Nashville Business Journal reports . www . chs . net inpatient care , intensive care , cardiac care , radiology services and emergency medical treatment , as well as outpatient services . Tenet Healthcare reported net sales of $ 19.62bn in 2017 , representing an increase of almost $ 1bn yearon-year . The company has also reported net losses for the past two financial years , due to asset portfolio growth of almost $ 15bn over the past five years . www . tenethealth . com 3

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