Tenet Healthcare Releases 2015 Outlook - Quick Facts

(RTTNews) - Tenet Healthcare Corp. (THC) announced the company expects its adjusted EBITDA for 2015 to be in a range of $2.05 billion to $2.15 billion. The company expects 2015 net revenues in the range of $17.4 billion to $17.7 billion, and adjusted earnings per share in the range of $1.32 to $2.40.

In the fourth quarter ended Dec. 31, 2014, Tenet achieved same-hospital adjusted admissions growth of an estimated 4.8 percent and inpatient admissions growth of 4.0 percent compared to prior year. Outpatient visits increased by an estimated 9.5 percent.

The company expects its adjusted EBITDA to be toward the top of its previously issued outlook range of $1.90 billion to $1.95 billion for 2014.