Nurses Activism
Published Apr 26, 2003
NRSKarenRN, BSN, RN
10 Articles; 18,370 Posts
Posted on Wed, Apr. 09, 2003
Philadelphia Inquirer
Jeffrey C. Barbakow will remain chief executive. The board eventually will comprise outsid-ers
only.
Associated Press
SANTA BARBARA, Calif. - Tenet Healthcare Corp.'s chief executive officer, Jeffrey C. Barbakow, will step down as chairman and as a member of the board of the hospital chain while remaining CEO, company officials said yesterday.
The announcement came as a shareholder committee issued a report saying the company could face up to $6 billion in legal liability growing out of its practices for billing the Medicare program.
"As long as Tenet's board fails to act independently, as long as existing senior management re-mains in place, the value of the company remains questionable," chairman M. Lee Pearce of the Tenet Shareholder Committee said in a statement.
Full Story:
http://www.pennanurses.org/NEWS%20ARTICLES/April%202003/Tenet%20Chair%20Leaving%20Amid%20Medicare%20Probe%204-9-03.pdf
sjoe
2,099 Posts
"Tenet chair leaving amid Medicare probe"
Gee, I hope they give the poor guy an adequate separation package, so he'll have enough to eat.
BadBird, BSN, RN
1,126 Posts
Same story with Tenet just a different state. Having worked for a Tenet hospital in the past I can say I would never do so again.
pickledpepperRN
4,491 Posts
A whole lot on Tenet:
http://www.calnurse.org/cna/watch/tenet/
A little more:
http://cna.igc.org/outliers/
Another article regarding Tenet:
http://www.healthleaders.com/magazine/print.php?contentid=44368