Net income attributable to common shareholders was $74 million in the fourth quarter, a 252 percent increase from the 2009 fourth quarter. Net income attributable to common shareholders was $1.1 billion for 2010, a 508 percent increase from last year.
Net operating revenues for the year ended Dec. 31 were $9.2 billion, an increase of 2.1 percent from last year. Tenet projects net operating revenues of $9.7-9.9 billion for 2011.
Read the report on Tenet Healthcare (pdf).
Read more coverage on hospital valuation:
– Community Health Systems’ Revenues Up 10.1%
– Call Coverage Payments: Trends, Regulations, Statistics and Valuation Considerations