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The Company operates in one line of business-the provision of health care services, primarily through the operation of general hospitals which are conducted through its subsidiaries.
Since the Medicare debt and sale of losing venueshas been taken care of, management has comeback to black bottom lines. With the health careindustry and aging patients leading the wave of the future, I have a sense of increasing revenue and profitsin the coming years. ijkaras
The problem with healthcare is that reimbursement never covers cost. If you simply increase the volume of patients with no increase in reimbursement, the net effect is more losses, not more revenue. That is the net effect of the new healthcare law. Add to that the dreadful managerial history at Tenet, and you'd be foolish to buy this stock.
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