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Tenet Healthcare Corporation
built 633 days ago
DALLAS--(BUSINESS WIRE)--January 25, 2008--Tenet Healthcare Corporation (NYSE:THC) announced today that it has entered into a new multi-year agreement with Blue Cross of California, which is Tenet’ s second largest managed care payer nationally. The contract will be effective Feb. 1, 2008. Financial terms were not disclosed.
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WASHINGTON – Sen. Chuck Grassley, chairman of the Committee on Finance, is investigating the fraud-plagued Tenet Healthcare Corporation's use of federal tax dollars. Grassley advanced his investigation with a detailed document request to the corporation on Friday. The text of his letter requesting documents follows.
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WESTLAKE VILLAGE, Calif., April 6 /PRNewswire/ -- Saint Francis Hospital- Bartlett, a subsidiary of Tenet Healthcare Corporation, is located in Bartlett, Tenn., and has been recognized for service excellence under the J.D. Power and Associates Distinguished Hospital Program(SM). This distinction acknowledges a strong commitment by Saint Francis Hospital-Bartlett to provide an "outstanding inpatient experience."
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Unruh is a member of the board of directors for Prudential Financial, Inc., Tenet Healthcare Corporation, Apex Microtechnology Corporation, BioVigilant Systems, Inc. and LumenIQ. In addition, Unruh is a trustee of Jamestown College and a member of the board of directors of the Presbyterian Board of Pension. He received a Bachelor of Science degree from Jamestown College, a Masters of Business Administration degree from the University of Denver and an honorary Doctor of Law degree from Drexel University.
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"Today's settlement with Tenet Healthcare Corporation demonstrates the Federal goverment's commitment to protecting the integrity of our nation's healthcare system," Health and Human Services Secretary Mike Leavitt said. "I commend the staff of the HHS Office of Inspector General, the HHS Office of General Counsel and the Centers for Medicare and Medicaid Services who worked so hard to pursue those who fraudulently abused the Medicare program."
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Tenet Healthcare Corporation (THC) is at an implied volatility extreme high of 66.14% that is greater than 97.38% of past values prior to 10/24/2005 (Close Price 8.53). On prior close, 10/21/2005, the implied volatility was 45.59% and at the 71.38 percentile. Closing price was 9.12.
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Tenet Healthcare Corporation