NEW YORK--(BUSINESS WIRE)-- The law firm of Wohl & Fruchter LLP has commenced an investigation into allegations that Community Health Systems, Inc. (NYSE:CYH) has engaged in the systematic overbilling of Medicare in connection with admitting patients to its hospitals.
The allegations were raised in a federal civil complaint filed yesterday by Tenet Healthcare Corp. (THC) in the United States District Court for the Northern District of Texas. Specifically, the complaint alleges that CYH has improperly, secretly, and systematically admitted patients into its hospitals despite no clinical need. The complaint further alleges that such improper practices “served to overstate [CYH’s] growth statistics, revenues, and profits, and [have] created a substantial undisclosed financial and legal liability to the federal government, numerous state governments, private insurance companies, and patients.”
A copy of the complaint and additional information about the investigation is available at http://www.wohlfruchter.com/cases/cyh
Persons with relevant information, and CYH shareholders with questions about this investigation, are invited to contact our Firm.
About Wohl & Fruchter
Wohl & Fruchter LLP represents plaintiffs in litigation arising from fraud and other fiduciary breaches by corporate managers, as well as other complex litigation matters. Please visit our website, www.wohlfruchter.com, to learn more about our Firm, or contact one of our partners.
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KEYWORDS: United States North America New York
INDUSTRY KEYWORDS: Health Hospitals Professional Services Insurance Legal