Tenet Health Care (THC)

[mlkrborn]

Tenet Healthcare completes $42.75 mln settlement for inpatient rehabilitation admissions (THC) 5.04 -0.07 : Co announced that it has entered into a voluntary civil settlement with the U.S. Attorney's Office, Northern District of Georgia and the Departments of Justice and Health and Human Services for $42.75 million. The settlement relates to a previously disclosed matter involving inpatient rehabilitation admissions at 25 Tenet inpatient rehabilitation units from 2005 to 2007. The amount of the settlement was fully reserved by the Company as of Dec. 31, 2011. The cash payment for the settlement will be paid in Tenet's second quarter 2012.