Thank Tenet for Saving Medicare Money!

  1. Medicare closes loopholes in fee formula

    Medicare's top official is expected to announce an overhaul in the way Medicare reimburses hospitals for high-cost patients. The move, spurred by disclosures that Tenet Healthcare Corp. received unusually large amounts of supplemental Medicare reimbursements for treating the sickest patients, would eliminate about $2 billion in payments this year to scores of hospitals around the country.

    Los Angeles Times, Feb. 4, 2003

    http://www.latimes.com/business/prin...Dpe%2Dbusiness
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  2. 1 Comments

  3. by   passing thru
    Oh My ! I hope it doesn't affect my small town nonprofit hospital. The part about going from solvency to insolvency "instantly" must be putting a chill on many a CEO's heart this week. And on their IRA's and stock in their companies also.

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