⁍ Tenet’s net operating revenue fell marginally to $4.56 billion in the quarter ended Sept. 30.

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⁍ Tenet, which operates 65 hospitals and about 500 other healthcare facilities, furloughed around 10% of its workforce due to a drop in elective surgeries during the virus outbreak.

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– Hospital operator Tenet Healthcare reported a third-quarter profit that beat analysts’ estimates, Reuters reports. The company, which operates 65 hospitals, furloughed around 10% of its workforce during the H1N1 outbreak due to a drop in elective surgeries. According to Reuters, more COVID-19 patients were treated and people opted to resume elective procedures after coronavirus restrictions eased. Tenet’s net operating revenue fell marginally to $4.56 billion in the quarter ended Sept. 30. Excluding items, it earned 64 cents per share, beating analysts’ estimates of 31 cents per share. The hospital operator reported a net loss from continuing operations attributable to common shareholders of $197 million, versus a loss of $227 million last year. Tenet, which operates 65 hospitals and about 500 other healthcare facilities, furloughed around 10% of its workforce due to a drop in elective surgeries during the virus outbreak, Reuters reported in April. The company’s net operating revenue from its hospital segment, which mainly includes its acute care and specialty hospitals, rose by 17% on a same-hospital basis versus last year. Tenet’s net operating revenue fell marginally to $4.56 billion in the quarter ended Sept. 30. Excluding items, it earned 64 cents per share, beating analysts’ estimates of 31 cents per share. The hospital operator reported a net loss from continuing operations attributable to common shareholders of $197 million, versus a loss of $227 million last year.