Exhibit 99.1

Tenet Reports Results
for the Fourth Quarter and Year Ended December 31, 2019
and Issues Financial Outlook for 2020
Net income from continuing operations attributable to common shareholders of $2 million, or $0.02 per diluted share, in 4Q19 versus a net loss from continuing operations of $5 million, or $0.05 per diluted share in 4Q18
Several 4Q19 key financial metrics up significantly year over year:
Consolidated Adjusted EBITDA up 18 percent (above the Outlook mid-point)
Consolidated Adjusted diluted EPS up 94 percent (above the Outlook mid-point)
Hospital segment Adjusted EBITDA up 16 percent
Ambulatory segment EBITDA less NCI up 26 percent
Conifer segment Adjusted EBITDA up 8 percent; related margins up 490 basis points
Strong growth in patient volumes continued in 4Q19:
Hospital segment same-hospital admissions and adjusted admissions grew 2.6 percent and 1.9 percent, respectively
Ambulatory segment system-wide same-facility surgical cases grew 3.4 percent
FY 2019 net cash from operating activities rose 18 percent; Adjusted free cash flow rose 27 percent (both above the Outlook mid-point)
FY 2020 Outlook anticipates continued growth from operational improvements:
Net income from continuing operations attributable to Tenet Common shareholders, $1.23 to $2.31 per diluted share
Adjusted EBITDA of $2.785 billion to $2.885 billion
Adjusted diluted earnings per share of $2.69 to $3.35

DALLAS — February 24, 2020 —
Tenet Healthcare Corporation (Tenet) (NYSE: THC) today announced its results for the quarter ended December 31, 2019 (4Q19).

“Our financial results for 2019 support the sustainable changes we have made across each of our operating segments,” said Ronald A. Rittenmeyer, Executive Chairman and Chief Executive Officer. “We closed the year with a very strong fourth quarter and believe our focus on our patients, our physicians and all stakeholders — supported by underlying enhancements to technology, a renewed dedication to customer service and a keen eye on administrative expenses — are driving our growth and positioning us well for 2020 and future years.”

Tenet's results for 4Q19 versus the quarter ended December 31, 2018 (4Q18) and the year ended December 31, 2019 (FY 2019) versus the year ended December 31, 2018 (FY 2018) were as follows:

The following information was filed by Tenet Healthcare Corp (THC) on Monday, February 24, 2020 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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