| Business Summary | | Tenet
Healthcare
Corporation
is
the
second-largest
investor-owned
healthcare
services
company
in
the
United
States.
At
May
31,
2000,
Tenet's
subsidiaries
and
affiliates
owned
or
operated
110
general
hospitals
with
26,939
licensed
beds
and
related
healthcare
facilities
serving
urban
and
rural
communities
in
17
states,
and
held
investments
in
other
healthcare
companies.
The
Company's
general
hospitals
offer
a
wide
array
of
medical
services
and
serve
as
the
anchors
for
its
regional
healthcare
delivery
networks.
These
regional
delivery
networks,
designed
to
provide
a
full
spectrum
of
care
throughout
a
community
or
region,
may
include
a
variety
of
types
of
ancillary
services. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | THC
is
a
healthcare
services
company
that
owns
or
operates
general
hospitals
and
related
healthcare
facilities
serving
urban
and
rural
communities
in
18
states.
As
of
5/01,
the
Company
operated
111
hospitals.
For
the
fiscal
year
ended
5/31/01,
revenues
rose
6%
to
$12.05
billion.
Earnings
from
continuing
operations
before
extraordinary
item
and
acct'g
change
rose
99%
to
$678
million.
Results
reflect
an
increase
in
patient
volumes,
cost
control
measures,
and
lower
impairment
charges. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Jeffrey Barbakow, 56 Chairman,
CEO | $3.1M | David Dennis, 51 Vice
Chairman, CFO and Chief Corp. Officer | -- | Barry Schochet, 49 Vice
Chairman | 1.1M | Thomas Mackey, 52 COO | 1.8M | Raymond Mathiasen, 57 Exec.
VP, CAO | 920K | Dollar amounts are as of 31-Mar-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|