Richard Mark - Tenet Healthcare Independent Director

THC Stock  USD 94.85  1.66  1.78%   

Director

Mr. Richard J. Mark is Independent Director of the Company. Mr. Mark serves as Chairman and President of Ameren Illinois Company, a multibillion dollar energy and utility company responsible for electric and natural gas distribution to more than 1.2 million electric and 806, 000 natural gas customers in Illinois. Mr. Mark joined Ameren in 2002 as Vice President of Customer Service before moving up to various senior management roles. Before joining Ameren, he served for 11 years at Ancilla Systems Inc. While at Ancilla, the parent company to St. Marys Hospital in East St. Louis, Illinois, he served as Vice President for Governmental Affairs and Chief Operating Officer before becoming Chief Executive Officer of St. Marys Hospital in East St. Louis, Illinois from 1994 to 2002. Mr. Mark served as Director of Union Electric Company from 2005 until 2012 and was Chairman of Ameren Illinois since 2012 since 2017.
Age 65
Tenure 7 years
Address 14201 Dallas Parkway, Dallas, TX, United States, 75254
Phone469 893 2200
Webhttps://www.tenethealth.com
Mark earned his B.S. from Iowa State University and his M.S. at National Louis University.

Tenet Healthcare Management Efficiency

The company has Return on Asset of 0.0629 % which means that on every $100 spent on assets, it made $0.0629 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.2592 %, implying that it generated $0.2592 on every 100 dollars invested. Tenet Healthcare's management efficiency ratios could be used to measure how well Tenet Healthcare manages its routine affairs as well as how well it operates its assets and liabilities. The current year's Return On Tangible Assets is expected to grow to 0.04. The current year's Return On Capital Employed is expected to grow to 0.12. At present, Tenet Healthcare's Non Current Assets Total are projected to increase significantly based on the last few years of reporting. The current year's Non Currrent Assets Other is expected to grow to about 209.6 M, whereas Intangible Assets are forecasted to decline to about 1.4 B.
The company has 16.21 B in debt with debt to equity (D/E) ratio of 3.3, meaning that the company heavily relies on borrowing funds for operations. Tenet Healthcare has a current ratio of 1.37, which is typical for the industry and considered as normal. Debt can assist Tenet Healthcare until it has trouble settling it off, either with new capital or with free cash flow. So, Tenet Healthcare's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Tenet Healthcare sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Tenet to invest in growth at high rates of return. When we think about Tenet Healthcare's use of debt, we should always consider it together with cash and equity.

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Tenet Healthcare Corporation operates as a diversified healthcare services company. Tenet Healthcare Corporation was incorporated in 1975 and is headquartered in Dallas, Texas. Tenet Healthcare operates under Medical Care Facilities classification in the United States and is traded on New York Stock Exchange. It employs 76836 people. Tenet Healthcare (THC) is traded on New York Stock Exchange in USA. It is located in 14201 Dallas Parkway, Dallas, TX, United States, 75254 and employs 78,810 people. Tenet Healthcare is listed under Health Care Providers & Services category by Fama And French industry classification.

Management Performance

Tenet Healthcare Leadership Team

Elected by the shareholders, the Tenet Healthcare's board of directors comprises two types of representatives: Tenet Healthcare inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Tenet. The board's role is to monitor Tenet Healthcare's management team and ensure that shareholders' interests are well served. Tenet Healthcare's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Tenet Healthcare's outside directors are responsible for providing unbiased perspectives on the board's policies.
Andrew Johnston, Chief USPI
Richard Pettingill, Independent Director
Nadja West, Independent Director
Paola Arbour, Executive Vice President, Chief Information Officer
William III, Vice Relations
J Kerrey, Lead Independent Director
Robert Kerrey, Independent Director
Brenda Gaines, Independent Director
Sun Park, Executive CFO
Michael Maloney, Executive Development
John Byrnes, Independent Director
Edward Kangas, Independent Chairman of the Board
James Bierman, Independent Director
Thomas Arnst, Executive Vice President, Chief Administrative Officer, General Counsel, Corporate Secretary
Daniel Cancelmi, Chief Financial Officer, Executive Vice President
Audrey Andrews, Executive Vice President, General Counsel, Corporate Secretary
Ronald Rittenmeyer, Executive Chairman of the Board, Chief Executive Officer
Jana Durfee, Senior Officer
Brendan Strong, Chief Financial Officer
Ernest Franklin, Chief Medical Operations Officer
Meghan FitzGerald, Independent Director
Bill Durham, Chief Network
Tim Adams, Senior Vice President - Operations and Integration
Christopher Lynch, Independent Director
Cecil Haney, Independent Director
Liz Johnson, Chief Officer
Richard Fisher, Independent Director
Britt Reynolds, President of Hospital Operations
Howard Hacker, Executive Vice President, Chief Compliance Officer
Lloyd Austin, Independent Director
Trevor Fetter, Chairman, CEO and President and Member of Executive Committee
Richard Mark, Independent Director
Lisa Foo, Executive Vice President - Commercial Operations
Karen Garrison, Independent Director
Peter Wilver, Independent Director
Tammy Romo, Independent Director
James Unruh, Independent Director
Randolph Simpson, Independent Director
Freda LewisHall, Independent Director
Robert Webb, Chief Human Resource Officer, Senior Vice President
Matthew Ripperger, Independent Director
Saumya Sutaria, President, Chief Executive Officer, Chief Operating Officer, Director
Regina Nethery, Vice President of Investor Relations
Keith Pitts, Vice Chairman
Saumya MD, CEO and President
Sandra Karrmann, Chief Human Resource Officer, Executive Vice President
Marie Quintana, Executive Vice President - Communications, Chief Marketing Officer
Eric Evans, President - Hospital Operations
Clint Hailey, Chief VP

Tenet Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Tenet Healthcare a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Currently Active Assets on Macroaxis

When determining whether Tenet Healthcare offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Tenet Healthcare's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Tenet Healthcare Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Tenet Healthcare Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tenet Healthcare. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.
For information on how to trade Tenet Stock refer to our How to Trade Tenet Stock guide.
Note that the Tenet Healthcare information on this page should be used as a complementary analysis to other Tenet Healthcare's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.

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When running Tenet Healthcare's price analysis, check to measure Tenet Healthcare's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Tenet Healthcare is operating at the current time. Most of Tenet Healthcare's value examination focuses on studying past and present price action to predict the probability of Tenet Healthcare's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tenet Healthcare's price. Additionally, you may evaluate how the addition of Tenet Healthcare to your portfolios can decrease your overall portfolio volatility.
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Is Tenet Healthcare's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Tenet Healthcare. If investors know Tenet will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Tenet Healthcare listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
1.403
Earnings Share
5.71
Revenue Per Share
202.166
Quarterly Revenue Growth
0.078
Return On Assets
0.0629
The market value of Tenet Healthcare is measured differently than its book value, which is the value of Tenet that is recorded on the company's balance sheet. Investors also form their own opinion of Tenet Healthcare's value that differs from its market value or its book value, called intrinsic value, which is Tenet Healthcare's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Tenet Healthcare's market value can be influenced by many factors that don't directly affect Tenet Healthcare's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Tenet Healthcare's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tenet Healthcare is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tenet Healthcare's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.