The analysis highlights that Tenet Healthcare's latest earnings show adjusted diluted EPS rose 52.2% year-over-year to $6.12, with net operating revenue up 6.8% to $5.63 billion, and hospital adjusted EBITDA margin expanding from 15.6% to 18%. Medtronic, meanwhile, reported its highest annual revenue growth in a decade for fiscal Q4 and full-year 2026, driven by new medical devices and a 78% global revenue increase in Cardiac Ablation Solutions. However, Medtronic's turnaround sustainability still needs to be demonstrated, and its momentum is concentrated in limited categories.