Tenet posted quarterly net income of $21 million compared with a net loss of $33 million in the same quarter last year. For the year, Tenet’s net income was $181 million compared with $25 million in 2008, according to the Morning News. Revenue for the year rose 5 percent to $9 billion.
Admissions to Tenet hospitals fell 0.9 percent during the quarter, a trend also seen among other hospital operators around the country.
Read The Dallas Morning News‘ story on Tenet’s fourth quarter.