8-K
TENET HEALTHCARE CORP false 0000070318 0000070318 2021-11-09 2021-11-09 0000070318 us-gaap:CommonStockMember 2021-11-09 2021-11-09 0000070318 us-gaap:SeniorNotesMember 2021-11-09 2021-11-09

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

 

 

FORM 8-K

 

 

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report: November 9, 2021

(Date of earliest event reported)

 

 

TENET HEALTHCARE CORPORATION

(Exact name of Registrant as specified in its charter)

 

 

 

Nevada   1-7293   95-2557091

(State

of Incorporation)

 

(Commission

File Number)

 

(IRS Employer

Identification Number)

14201 Dallas Parkway

Dallas, TX 75254

(Address of principal executive offices, including zip code)

(469) 893-2200

(Registrant’s telephone number, including area code)

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the Registrant under any of the following provisions:

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class

 

Trading

Symbol(s)

 

Name of each exchange

on which registered

Common stock, $0.05 par value   THC   NYSE
6.875% Senior Notes due 2031   THC31   NYSE

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging Growth Company

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards pursuant to Section 13(a) of the Exchange Act. ☐

 

 

 


Item 7.01.

Regulation FD Disclosure.

On November 8, 2021, Tenet Healthcare Corporation (the “Company”) announced that subsidiaries of USPI Holding Company, Inc. entered into a definitive agreement to acquire all of Surgical Center Development #3, LLC’s and Surgical Center Development #4, LLC’s ownership interest in a portfolio of 92 ambulatory surgery centers. In connection with this announcement, the Company posted a presentation on its website (www.tenethealth.com/investors) providing additional information on the transaction. On November 9, 2021, the Company posted on its website an updated version of the presentation to clarify the assumptions underlying the pro forma EPS accretion expected from the transaction on slide 11.

 

2


SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

      TENET HEALTHCARE CORPORATION

Date: November 9, 2021

    By:  

/s/ THOMAS ARNST

      Name: Thomas Arnst
      Title: Executive Vice President, Chief Administrative Officer and General Counsel