Tenet Healthcare (THC) plans to proceed with a lawsuit against Community Health (CYH) alleging...

|About: Tenet Healthcare Corporation (THC)|By:, SA News Editor

Tenet Healthcare (THC) plans to proceed with a lawsuit against Community Health (CYH) alleging improper hospital procedures including overbilling Medicare and admitting patients needlessly. The litigation already helped the firm maneuver out of its rival's $4.1B takeover bid. Shares of THC +1.2%, CYH +2.3% higher premarket.