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Tenet Healthcare (THC -18.6%) sues former suitor Community Health Systems (CYH -31.3%), accusing...

Tenet Healthcare (THC -18.6%) sues former suitor Community Health Systems (CYH -31.3%), accusing the rival hospital operator of improperly admitting patients to overbill Medicare and other insurers (SEC filing). Healthcare facility peers also seeing early weakness: HMA -4.6%, LPNT -3.2%, HLS -2.4%, SEM -0.9%, UHS -3.3%.
Comments (4)
  • Wow! They're claiming medicare fraud. I hope the government follows up on this with an investigation. I hate medicare fraud but I sense its all too common in our weak beleaguered system.
    11 Apr 2011, 10:52 AM Reply Like
  • The government can't keep up with medicare fraud, its been going on for years.
    11 Apr 2011, 11:07 AM Reply Like
  • If they could weed out the fraud from Medicare and cancel the $942 Billion F-35 Fighter Jet program, maybe we could take care of our senior citizens without bankrupting the nation. We don't have enough bombers already?
    11 Apr 2011, 12:28 PM Reply Like
  • What about all the massive overcharging going on by hospitals and doctors.I estimate it far exceeds anything considered fraud.
    16 Apr 2011, 11:18 AM Reply Like
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