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● Net income from continuing operations available to common shareholders in Q2'21 of $ 120 million versus net income from continuing operations of $ 88 million in Q2'20 Consolidated Adjusted EBITDA in Q2'21 of $ 834 million ( $ 810 million excluding $ 24 million of COVID stimulus grant income ) versus $ 732 million in Q2'20 ( $ 209 million excluding $ 523 million of grant income ) Tenet Health Diluted earnings per share from continuing operations available to common shareholders in Q2'21 of $ 1.11 compared to $ 0.83 in Q2'20 ; Adjusted diluted earnings per share from continuing operations of $ 1.59 in Q2'21 compared to $ 1.26 in Q2'20 0 Tenet Reports Second Quarter 2021 Results ; Raises 2021 Financial Guidance Same - hospital adjusted admissions increased 23.9 % versus Q2'20 ; same - hospital net patient service revenue per adjusted admission up 7.4 % Same - facility system - wide ambulatory surgical cases up 68.2 % versus Q2'20 O Q2'21 achievements included : Signed definitive agreement to sell certain Miami - area facilities for ~ $ 1.1 billion Refinanced ~ $ 1.4 billion of 5.125 % secured notes due 2025 with new 4.25 % secured notes due 2029 lowering future annual cash interest payments by ~ $ 13 million Completed previously announced divestiture of urgent care platform for $ 80 million Exhibit 99.1 O O FY 2021 Outlook again increased in light of continued growth and operational improvements as well as grant income : O Net income from continuing operations available to common shareholders Outlook range now $ 6.25 to $ 7.17 per diluted share ( previously $ 2.98 to $ 4.69 per diluted share ) ; Current Outlook includes anticipated pre - tax gain of $ 400 million ( $ 269 million after - tax , or $ 2.47 per diluted share ) associated with the anticipated divestiture of our Miami - area hospitals in Q3'21 Adjusted EBITDA Outlook range now $ 3.150 billion to $ 3.250 billion ( previously $ 3.000 billion to $ 3.200 billion ) , which excludes the projected gain on the sale of the Miami - area hospitals Adjusted diluted earnings per share Outlook range now $ 5.23 to $ 5.73 ( previously $ 4.12 to $ 5.46 per diluted share ) DALLAS July 21 , 2021 - Tenet Healthcare Corporation ( Tenet ) ( NYSE : THC ) today announced its results for the quarter ended June 30 , 2021 ( Q2'21 ) . Tenet's results for Q2'21 versus the quarter ended June 30 , 2020 ( Q2'20 ) and for the six months ended June 30 , 2021 ( YTD Q2'21 ) versus the six months ended June 30 , 2020 ( YTD Q2'20 ) are as follows : Page 1