Tenet Comments on Judge's Denial of Class-Action Status in Case Brought by Florida Hospital.DALLAS -- Tenet Healthcare Corporation (NYSE NYSE See: New York Stock Exchange :THC THC tetrahydrocannabinol. THC n. Tetrahydrocannabinol; a compound that is obtained from cannabis or is made synthetically; it is the primary intoxicant in marijuana and hashish. ) today issued the following statement regarding a decision by a federal judge in Miami this week to deny class-action certification in a well-publicized case brought against Tenet in March 2005 by Boca Raton Community Hospital Boca Raton Community Hospital is a 394-bed not-for-profit health care organization located in Boca Raton, Florida. The institution opened its doors July 17, 1967. The hospital has a staff of more than 750 primary and specialty physicians who provide preventative and acute hospital Inc.: "We are pleased that the court denied Boca Community's request that its claims be made as a class action on behalf of virtually every other acute-care hospital in the United States. This ruling correctly limits the litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. strictly to Boca Community's individual allegations, which we have previously said are unwarranted, and we will continue to defend ourselves vigorously." The lawsuit alleged that Tenet's pricing policies before 2003 had violated federal racketeering Traditionally, obtaining or extorting money illegally or carrying on illegal business activities, usually by Organized Crime . A pattern of illegal activity carried out as part of an enterprise that is owned or controlled by those who are engaged in the illegal activity. laws, thus harming Boca Community and other hospitals. Tenet Healthcare Corporation, through its subsidiaries, owns and operates acute care hospitals and related health care services. Tenet's hospitals aim to provide the best possible care to every patient who comes through their doors, with a clear focus on quality and service. Tenet can be found on the World Wide Web at www.tenethealth.com. Some of the statements in this release may constitute forward-looking statements. Such statements are based on our current expectations and could be affected by numerous factors and are subject to various risks and uncertainties discussed in our filings with the Securities and Exchange Commission, including our annual report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. for the year ended Dec. 31, 2005, our quarterly reports on Form 10-Q Form 10-Q See 10-Q. and periodic reports on Form 8-K. Do not rely on any forward-looking statement, as we cannot predict or control many of the factors that ultimately may affect our ability to achieve the results estimated. We make no promise to update any forward-looking statement, whether as a result of changes in underlying factors, new information, future events or otherwise. |
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