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1Running head: Using Analytic Techniques to Add Meaning to DataTenet Healthcare Inc. StockAssessment 2: Using Analytic Techniques to Add Meaning to DataNovember, 2019
2Using Analytic Techniques to Add Meaning to DataTenet Healthcare Corporation founded in 1969 is a multinational investor-owned healthcare services company that is located in Dallas, Texas, United States (Tenet Health, 2019). With Tenet Healthcare being one of the most popular healthcare corporation, the company operates many facility types and hospitals in the nation. CEO Ronald A Rittenmeyer become CEO of Tenet Healthcare on October 23rdof 2017 and is currently working to bring Tenet’s corporation back up, as they recently were forced to close down Hahnemann Hospital in Philadelphia due to bankruptcy (Redford, 2019). This report will examine price stocks of Tenet Healthcare Corporation by presenting graphical representations of data and descriptive statistics based on a one year time frame. While Tenet Healthcare is a community focused on care, they are a leading healthcare services company which works across the system to improve service delivery and attain high patient outcomes (Tenet Healthcare, 2019). Currently, Tenet owns 65 hospitals, 23 surgical hospitals, 475 outpatient center and is partnered with 50 different health systems (Tenet Healthcare, 2019). A corporation this big requires continuous analytic data research in order for the leader or CEO to keep up with the businesses expense, revenue, stocks and ensuring adequate service that is being delivered to its hospitals and centers. Furthermore, Tenet currently has 110k employeeswhich assist the corporation in achieving its goals, averaging an annual revenue of about $18.3 billion (Tenet Healthcare, 2019). Tenet’s mission is to provide quality, compassionate care in the communities in which they serve and their vision is to consistently deliver the right care, in the right place where patient care and saving lives remains their top priority (Tenet Healthcare, 2019).
3Using Analytic Techniques to Add Meaning to DataGraphical Representations of DataThe stocks below examine Tenet Healthcare’s overall stock price between October 31, 2018 through October 30, 2019. The stocks below show the company’s investment and profits. By examining a company’s stocks and how they work is fundamental to attainingstrong investment profits and will allow for substantial financial advantage for the company. The first graph which was created using Excel is the “high price stock” that generally represents the company’s expected growth. After the stocks have been downloaded to an Excel spreadsheet from Yahoo Financial Stocks, the first scatterplot was created by first selecting the “high” stock column and the date columns ensuring they’re both highlighted and then went to the “insert tab” on the top of the spreadsheet.