TITLE

Tenet swings at Community

AUTHOR(S)
Galloro, Vince
PUB. DATE
April 2011
SOURCE
Modern Healthcare;4/18/2011, Vol. 41 Issue 16, p8
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article discusses issues regarding a complaint filed by Tenet Healthcare Corp. in April 2011 in U.S. District Court in Dallas, Texas, alleging that Community Health has been using company-written admissions guidelines since 2000 to transform observation visits into higher-paying admissions under Medicare. The complaint alleges that the defendants, Community Health and its top executives, violated securities laws in the course of their attempts to acquire Tenet. Implications of the allegations and the response of Community Health are also tackled.
ACCESSION #
60237855

 

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