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Tenet Healthcare posts 71% drop in profits for third quarter

Posted On: Oct. 24, 2022 9:53 AM CST

Dallas-based Tenet Healthcare Corp. saw net income fell 71% in the third quarter to $131 million, compared to $448 million the same time last year, Healthcare Dive reports. In the third quarter, hospital outpatient visits were down 6.9% year over year, emergency room visits were down 4.1% and hospital surgeries were down 3.6%, the report says.