Tenet Still Unsettled

A big Medicare settlement has sparked fresh hopes for ailing Tenet (THC Quote).

Federal prosecutors said Thursday they have fined a major not-for-profit hospital system $265 million for collecting excessive bonus payments from the Medicare program. The settlement, which amounts to 40 cents on the dollar based on what the government originally sought to recover, is the first involving alleged abuse of so-called outlier payments.

Some experts now believe that Tenet could follow up with a similar deal soon. But at least one veteran health care analyst believes resolution remains far off for Tenet. ...