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Monday, August 5, 2019

Tenet, Community Health Systems to release earnings

Aug. 5: Fresh off the announcement that it’s spinning off its revenue cycle subsidiary, Tenet Healthcare Corp. will release its quarterly earnings. Zacks Investment Research is predicting that revenue will be down 0.5% from the same period in 2018, coming in at $4.48 billion. Analysts will surely want to know more about the plan to break Conifer Health Solutions off on its own. Fellow Tennessee-based hospital company Community Health Systems also delivers its results. Similarly, Zacks expects a drop in revenue, although much more sizable—10.1% from the same time last year.
Aug. 6: More earnings with AMN Healthcare and Quorum Health releasing results.
Aug. 8: And even more earnings as Allscripts, Cardinal Health and Navigant Consulting offer up their quarterly numbers.

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