News Headlines Article

Tenet reports surge in 2Q profits
Modern Healthcare

Tenet Healthcare Corp., Dallas, more than doubled profits for the second quarter compared with the year-ago quarter, as its adjusted admissions increased and acuity remained roughly the same, according to a Tenet news release (PDF).

Tenet recorded net income of $55 million for the quarter, compared with $25 million in 2010’s second quarter. Revenue increased 3.1%, to $2.37 billion.