Will McDowell
Vice President of Investor Relations
Replay available
Tenet Healthcare Corporation (NYSE: THC) Q3 2025 earnings conference call, held 2025-10-28. Replay captured from the company's public earnings webcast.

Vice President of Investor Relations
Chairman and Chief Executive Officer
Executive Vice President and Chief Financial Officer
Bank of America Analyst
Goldman Sachs Analyst
Morgan Stanley Analyst
Guggenheim Securities Analyst
Mizuho Analyst
JPMorgan Chase Analyst
TD Cowen Analyst
Wolf Research Analyst
Jefferies Analyst
UBS Analyst
Nefron Research Analyst
LRINC Partners Analyst
Barclays Bank Analyst
Good morning. Welcome to Tenet Healthcare's third quarter 2025 earnings conference call. After the speaker remarks, there will be a question and answer session for industry analysts. If you'd like to ask a question, the command is star one to enter the queue. Tenet respectfully asks that analysts limit themselves to one question each. I'll now turn the call over to your host, Mr. Will McDowell, Vice President of Investor Relations. Mr. McDowell, you may begin. Good morning, everyone, and thank you for joining today's call. I am Will McDowell, Vice President of Investor Relations. We're pleased to have you join us for a discussion of Tenant's third quarter 2025 results, as well as a discussion of our financial outlook. Tenant Senior Management participating in today's call will be Dr. Sam Satoria, Chairman and Chief Executive Officer, and Sun Park, Executive Vice President and Chief Financial Officer. Our webcast this morning includes a slide presentation, which has been posted to the investor relations section of our website, tenanthealth.com. Listeners to this call are advised that certain statements made during our discussion today are forward-looking and represent management's expectations based on currently available information. Actual results and plans could differ materially. Tenant is under no obligation to update any forward-looking statements based on subsequent information. Investors should take note of the cautionary statement slide included in today's presentation, as well as the risk factors discussed in our most recent Form 10-K and other filings with the Securities and Exchange Commission. And with that, I'll turn the call over to Sam. All right. Thank you all, and good morning, everyone. We had another quarter of strong performance where we exceeded ...