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Tenet’s 2018 revenue beats expectations
Modern Healthcare

Tenet Healthcare Corp. beat analysts’ revenue expectations last year, according to the company’s fourth quarter and year-end 2018 results reported Monday.

The Dallas-based hospital chain drew net revenue of $4.6 billion in the fourth quarter of 2018, down 7.2% from the prior-year period, when it was nearly $5 billion, but still managed to beat estimates from Zacks Investment Research which pegged revenue would fall 9.8% to $4.49 billion in the quarter.