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Tenet Healthcare Corp

BUSINESS
March 10, 2005 | From Times Wire Services
Tenet Healthcare Corp. has completed the $70-million sale of four hospitals to a Southern California investment group. The sale gives Integrated Healthcare Holdings Inc. the 280-bed Western Medical Center Santa Ana, the 188-bed Western Medical Center Anaheim, the 114-bed Chapman Medical Center in Orange and the 178-bed Coastal Communities Hospital in Santa Ana.
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BUSINESS
March 9, 2005 | From Bloomberg News
Tenet Healthcare Corp., the second-largest U.S. hospital chain and the biggest in California, said its fourth-quarter loss widened to $2.02 billion on costs including a write-down in the value of hospitals in two regions. The loss amounted to $4.33 a share, compared with a loss of $954 million, or $2.05, a year earlier, Dallas-based Tenet said. Revenue fell 2% to $2.41 billion. Tenet had $1.
BUSINESS
March 3, 2005 | Lisa Girion, By Lisa Girion Times Staff Writer
Florida's attorney general opened a new front in Tenet Healthcare Corp.'s legal battles Wednesday, accusing the hospital chain in a lawsuit of scheming to obtain better than $1 billion in improper payments from a Medicare fund. The lawsuit, filed in federal court in Miami, alleges that the nation's second-largest hospital company inflated charges at its 15 Florida facilities from 2000 to 2003 to squeeze more money than it was due from the fund. "They filed phony bills.
BUSINESS
February 23, 2005 | From Bloomberg News
Prosecutors said Tuesday that they would retry a unit of Tenet Healthcare Corp., the second-largest U.S. hospital chain, and its San Diego hospital on criminal charges that they paid doctors in exchange for referrals. U.S. District Judge James Lorenz in San Diego scheduled the retrial for March 29. Lorenz's order comes less than a week after he declared a mistrial after jurors couldn't reach a unanimous verdict on any of the 20 counts.
BUSINESS
February 18, 2005 | Lisa Girion, By Lisa Girion Times Staff Writer
The trial of Tenet Healthcare Corp. on charges that doctors were bribed to refer patients to its Alvarado Hospital Medical Center in San Diego ended Thursday in a hung jury. U.S. District Judge James Lorenz declared a mistrial after jurors reported they were deadlocked following five days of deliberations. U.S. Atty. Carol C. Lam said that she remained confident in the government's case and that a retrial was likely in light of a poll that showed the jury was leaning toward conviction.
BUSINESS
February 17, 2005 | From Bloomberg News
A U.S. judge told deadlocked jurors to resume deliberations in a criminal case against Tenet Healthcare Corp., the second-largest U.S. hospital chain, over whether a company hospital paid doctors kickbacks in exchange for referrals. U.S. District Judge James Lorenz in San Diego excused the jury's foreman because of a death in the juror's family. Lorenz then told the 11 remaining jurors, who said Monday that they were deadlocked, to resume deliberations.
BUSINESS
February 15, 2005 | From Bloomberg News
Jurors said they were deadlocked in deliberations in a kickback case involving Tenet Healthcare Corp., under trial for allegedly paying doctors for referrals to its San Diego hospital U.S. District Judge James Lorenz in San Diego said he would instruct jurors today to resume deliberations. The jurors must decide whether Alvarado Hospital and its former chief executive are guilty of one count of conspiracy and 19 counts of violating an anti-kickback law.
CALIFORNIA | LOCAL
February 5, 2005 | Jean O. Pasco, Times Staff Writer
The state Department of Health Services announced Friday that it would issue operating licenses to a Costa Mesa company buying four Orange County hospitals whose sale was delayed by questions involving one of the chief investors. The approval came after state regulators signed off on a decision by Integrated Healthcare Holdings Inc. to remove Hemet surgeon Dr. Kali P. Chaudhuri as a majority owner and replace him with a group of Orange County doctors led by Dr. Anil Shah of Santa Ana.
BUSINESS
January 27, 2005 | From Bloomberg News
Tenet Healthcare Corp., the second-largest U.S. hospital chain, rested its defense Wednesday without calling witnesses in a San Diego trial over what prosecutors claim were illegal payments to doctors in exchange for patient referrals. Tenet also filed a motion to dismiss the government's case, arguing that prosecutors failed to show that Alvarado Hospital Medical Center, its former chief executive or the company "knowingly and willfully violated any law."
BUSINESS
January 6, 2005 | Lisa Girion, Times Staff Writer
A former Tenet Healthcare Corp. hospital executive has agreed to plead guilty to a single count of criminal conspiracy, the company said Wednesday, making a deal in the midst of her trial on charges that she helped arrange kickbacks to persuade doctors to refer patients to Alvarado Medical Center. Mina Nazaryan, Alvarado's physician recruiter, had been indicted on several counts of conspiracy and other crimes and faced the possibility of more than 10 years in prison.
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