---
schema_version: "secwatch.filing_event.v1"
accession: "0000070318-23-000004"
form_type: "8-K"
ticker: "THC"
cik: "0000070318"
company_name: "TENET HEALTHCARE CORP"
filed_at: "2023-01-19T23:59:59+00:00"
generated_at: "2026-06-20T13:31:03.601890+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "medium"
source: SEC EDGAR
---

# Tenet expects FY22 Adj. EBITDA slightly above $3.425B midpoint; CFO to retire

## Summary
- Prelim FY22 Adj. EBITDA (ex-pandemic grants) slightly above $3.425B guidance midpoint.
- All three business segments met or slightly exceeded their adjusted EBITDA midpoint.
- CFO Daniel Cancelmi to retire Dec 31, 2023; national search for successor underway.
- USPI CEO Brett Brodnax retiring end of 2023; Andy Johnston expected to take over.
- Conifer CEO Roger Davis retiring Q1 2023; multiple internal promotions announced.

## SEC filing metadata
- accession: 0000070318-23-000004
- form_type: 8-K
- ticker: THC
- cik: 0000070318
- company_name: TENET HEALTHCARE CORP
- filed_at: 2023-01-19T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: medium
- sec_items: 2.02, 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/70318/000007031823000004/0000070318-23-000004-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/70318/000007031823000004/thc-20230119.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000070318-23-000004
- JSON: https://secwatch.observer/filing/0000070318-23-000004.json
- Plain text: https://secwatch.observer/filing/0000070318-23-000004.txt

## Key facts
- Earnings Releases
  TENET HEALTHCARE CORP updated its the fiscal year ended December 31, 2022 guidance (raised).
  - Period: the fiscal year ended December 31, 2022
  - Guidance: raised
  - Result: guidance update
  source text: On January 19, 2023, Tenet Healthcare Corporation (the “Company”) issued a press release announcing the Company’s expectation that its Adjusted EBITDA, excluding any fourth quarter stimulus grant income related to the pandemic, will beat the midpoint of the Adjusted EBITDA Outlook range for the fiscal year ended December 31, 2022 that was previously disclosed in the Company’s press release dated October 20, 2022 reporting third quarter 2022 results.
  evidence_url: https://www.sec.gov/Archives/edgar/data/70318/000007031823000004/0000070318-23-000004-index.htm
- Executive change
  Daniel Cancelmi departed as Chief Financial Officer at TENET HEALTHCARE CORP.
  - Action: announced retirement
  - Role: Chief Financial Officer
  source text: Daniel Cancelmi, Executive Vice President & Chief Financial Officer, has announced his retirement from the Company, effective December 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/70318/000007031823000004/0000070318-23-000004-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
