The one eye catching issue here is that admissions are down and the link below from February of this year somewhat tells the story as a light flu season, combined 
with people that can’t afford healthcare today with uninsured leading the way to more debt.
Tenet Commercial Hospital Admissions Down Over 5% – More Business Intelligence Analytics On The Way
Also from last year a new contract with United Healthcare was on the mark and those don’t seem to be rising these days. As the quarter ended up, admissions went from being down from 5% in February to over 7%.
United Healthcare Who Announced 4th Quarter Profits Just Under a Billion Signs Contract with Tenet Healthcare
If you work for a Tenet facility not already setup with medical records, it looks like Cerner is coming to town soon and I am guessing the MED3000 business intelligence software will be working it’s way through the system to fine tune and analyze how to operate better at each facility.
Tenet Healthcare Set to Roll Out Cerner Millennium Solutions at 47 Hospitals Currently Using Paper Records
Also of note, Tenet has sold quite a few hospitals in the last couple of years, several here in southern California. BD
Shares of Tenet Healthcare Corp. tumbled Tuesday after the hospital operator said its first-quarter net income dropped 51 percent compared to last year.
The Dallas company said it earned $88 million, or 17 cents per share, in the three months that ended March 31. That compares to a profit of $178 million, or 37 cents per share, in the first quarter of 2009, when Tenet recorded a $134 million gain from the early extinguishment of some debt.
Without that gain, Tenet had a profit of $44 million, or 9 cents per share, in the first quarter of 2009
Tenet Healthcare 1Q net income sinks 51 percent - BusinessWeek
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