Dallas-based Tenet Healthcare Corp. has told shareholders it has reached “an agreement in principle” to settle a Georgia whistleblower case for more than $513 million in what the director of a national taxpayer watchdog organization said is the nation’s largest “pay-to-play” whistleblower case involving a hospital corporation.
Two Tenet corporate subsidiaries that had operated the Atlanta Medical Center and North Fulton Hospital, and which had central roles in the alleged scheme, also agreed to plead guilty to conspiring to violate the federal anti-kickback statute, according to a quarterly report Tenet submitted to the U.S. Securities and Exchange Commission. Those two subsidiaries currently have no operating assets, according to the report. Last April, Tenet sold its Georgia hospitals for $575 million to WellStar Health System.
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