Thursday, June 29, 2006
Tenet Healthcare reaches $725 Million Settlement with U.S.
Tenet Healthcare Corp., the No. 2 U.S. hospital chain, agreed to pay $725 million and waive another $175 million in government payments to resolve a federal probe of its Medicare pricing, according to a report in Bloomberg.com.
The settlement ends a government lawsuit over allegations that Dallas-based Tenet overcharged Medicare, the federal health-insurance plan for the elderly and disabled, according to a company statement. Tenet will pay the government, one of the largest ever in a federal civil investigation of a healthcare company, over a four-year period.
Click on the following link for the complete story on the healthcare fraud settlement.
Posted by Quitam Help Admin on 06/29 at 08:05 AM
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