{"schema_version":"secwatch.filing_event.v1","accession":"0000070318-26-000003","form_type":"8-K","ticker":"THC","cik":"0000070318","company_name":"TENET HEALTHCARE CORP","filed_at":"2026-02-02T23:59:59+00:00","discovered_at":"2026-05-14T18:02:37.495481+00:00","generated_at":"2026-05-16T05:48:09.591690+00:00","sec_items":["2.02","7.01","8.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Tenet announces $1.9B CommonSpirit deal; 2025 Adj. EBITDA at upper end of guidance","bullets":["CommonSpirit to pay Tenet $1.9B over 3 years; Tenet redeems CommonSpirit's 23.8% Conifer equity for $540M.","Balance sheet: redeemable non-controlling interest and liabilities reduced ~$885M; APIC increased ~$305M.","Preliminary 2025 Adj. EBITDA at upper end of $4.47B-$4.57B range; strong revenue growth and expense management.","Conifer continues to serve CommonSpirit through 2026; Tenet to invest in AI and automation for Conifer.","Full Q4 and FY 2025 results to be reported on February 11, 2026."],"urls":{"canonical":"https://secwatch.observer/filing/0000070318-26-000003","json":"https://secwatch.observer/filing/0000070318-26-000003.json","markdown":"https://secwatch.observer/filing/0000070318-26-000003.md","text":"https://secwatch.observer/filing/0000070318-26-000003.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/70318/000007031826000003/0000070318-26-000003-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/70318/000007031826000003/thc-20260127.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T05:48:09.591690+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}