par
Thomas Dworetzky, Contributing Reporter | October 07, 2016
The Tenet announcement also stated that the company “will make settlement payments of approximately $514 million and pay approximately $3 million of related fees and expenses.”
The payments include $244 million to the federal government, $122 million to Georgia and $892,125 to South Carolina to resolve claims. The whistleblower Ralph Williams who filed suit against Tenet will get $84 million of the civil settlement.
Ad Statistics
Times Displayed: 79227
Times Visited: 2801 Ampronix, a Top Master Distributor for Sony Medical, provides Sales, Service & Exchanges for Sony Surgical Displays, Printers, & More. Rely on Us for Expert Support Tailored to Your Needs. Email info@ampronix.com or Call 949-273-8000 for Premier Pricing.
Tenet had already upped its reserve to cover settling the case,
as HCB News reported in February.
The health care giant lifted its "aggregate reserve" from $20 million to $238 million "to reflect an offer it made in February 2016 to resolve the matter," according to its statement at the time.
But it advised then that there was, "no settlement yet, it's our offer."
This case, which broke in 2014, came as the health care giant was moving on from its 2006 settlement with the DoJ of $900 million to resolve fraud charges,
according to the Dallas News.
Back to HCB News
