Wednesday, April 16, 2008

2003, "Tenet received a subpoena from the Department of Justice seeking Medicare documents dating back to early 1997. "

I love these corportions with thier threats of closed doors, lost jobs, etc.....all in the name of GREED!!!!!

Wednesday, July 16, 2003
Tenet receives more subpoenasLos Angeles Business from bizjournals
Santa Barbara-based Tenet Healthcare Corp. and several of its subsidiaries received subpoenas Tuesday from the U.S. Attorney's office in Los Angeles seeking information about physician relocation agreements.

Dating back to 1995, the information relates to seven Southern California hospitals owned by Tenet. Los Angeles officials also are seeking information about relocation agreements for all of Tenet's hospital subsidiaries. The health-care provider operates 114 acute care hospitals in 16 states.

Tenet says it does "not know the scope or focus of the investigation underlying the subpoenas," but it has pledged cooperation with investigators. The company is under investigation by the Securities and Exchange Commission over Medicare outlier payments, stop-loss payments, increases in gross charges and financial disclosures. Outlier payments are additional payments from Medicare to hospitals for high-cost Medicare cases.

In January, Tenet received a subpoena from the Department of Justice seeking Medicare documents dating back to early 1997. The Department of Health and Human Services and the Federal Trade Commission began investigations of the company in 2002.

Tenet also says it may be indicted in San Diego over its Alvarado Hospital Medical Center Inc. and its corporate entities, again over physician relocation policies.

Tenet says its physician relocation agreements policy is "entirely appropriate under the law." Only a fraction of its 42,000 physicians fall under the agreement, Tenet adds.

In debt by some $4.1 billion, Tenet has said it would sell or shutter up to 14 of its hospitals and shave $100 million a year in expenses by cutting jobs, reducing travel costs and selling two of its three corporate jets. The company replaced its CEO earlier this year.
Tenet operates 18 hospitals in the metro Los Angeles area, including USC University Hospital, Century City Hospital and Midway Hospital Medical Center.

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