Tenet Healthcare (FRA:THC1) Supplies Expense Percentage of Revenue % : 0.00% (As of . 20)

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What is Tenet Healthcare Supplies Expense Percentage of Revenue %?

Supplies Expense is one of the major costs of healthcare businesses. A lower percentage of supplies expense of revenue is better if the service quality is guaranteed.

The historical rank and industry rank for Tenet Healthcare's Supplies Expense Percentage of Revenue % or its related term are showing as below:

FRA:THC1's Supplies Expense Percentage of Revenue % is not ranked ^*
in the Healthcare Providers & Services industry.
Industry Median:
* Ranked among companies with meaningful Supplies Expense Percentage of Revenue % only.

Tenet Healthcare Supplies Expense Percentage of Revenue % Historical Data

The historical data trend for Tenet Healthcare's Supplies Expense Percentage of Revenue % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Tenet Healthcare Supplies Expense Percentage of Revenue % Chart

Tenet Healthcare (FRA:THC1) Supplies Expense Percentage of Revenue % Explanation

For health care businesses, supplies make up a significant percentage of expenses. Supply expenses average 15% of total hospital expenses, with the middle 50% of hospitals ranging from 9% to 19%. These are highly relevant costs. The numbers range substantially by hospital specialty, correlating strongly with the case mix index.

Clearly, managing such a large and diverse category of expenses is important for hospitals. Yet supply chains in health care are both complex and fragmented and complex, commonly lagging well behind other industries in how effectively they are managed.

Tenet Healthcare Supplies Expense Percentage of Revenue % Related Terms

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Tenet Healthcare (FRA:THC1) Business Description

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Address

14201 Dallas Parkway, Dallas, TX, USA, 75254

Website

https://www.tenethealth.com

Tenet Healthcare is a Dallas-based healthcare services organization. It operates a collection of hospitals (about 60 as of June 2023) and over 550 ambulatory surgery centers and other outpatient facilities across the U.S., primarily in the South. Through its Conifer segment, Tenet also provides revenue cycle management solutions.

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