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tenet healthcare Q207Release
Tenet Healthcare Corporation reported financial results for the second quarter of 2007. They reported a loss from continuing operations of $29 million compared to a loss of $447 million in the second quarter of 2006. Revenues increased 1.5% to $2.228 billion. Admissions declined 2.2% to 139,832 due primarily to declines in Florida and at two hospitals whose leases are expiring. Uninsured admissions increased 7.3% while charity care admissions declined 10.1%. Net patient revenue per admission and per day increased by 3.0% and 3.2% respectively due to pricing increases offsetting volume declines.
