Tenet Healthcare has been ranked the most cash-rich company in the healthcare facilities industry by Cash Equivalents, a measure that compares the cash cushion of companies in the same industry, according to a My Smart Trend report.
Tenet ranked first with CE of $713M, followed by Community Health with CE of $548.75 million, Health Management Associates with CE of $253.03 million, LifePoint Hospitals with CE of $199.7 million and VCA Antech with CE of $193.76 million.
Read the My Smart Trend report on the most cash-rich healthcare facilities.
Read more recent news on hospital finance:
-California Insurer PacifiCare Faces $99B in Fines From Regulators
-Study Finds Medical Malpractice Accounts for 24 Percent of Healthcare Spending
Tenet ranked first with CE of $713M, followed by Community Health with CE of $548.75 million, Health Management Associates with CE of $253.03 million, LifePoint Hospitals with CE of $199.7 million and VCA Antech with CE of $193.76 million.
Read the My Smart Trend report on the most cash-rich healthcare facilities.
Read more recent news on hospital finance:
-California Insurer PacifiCare Faces $99B in Fines From Regulators
-Study Finds Medical Malpractice Accounts for 24 Percent of Healthcare Spending