I might have missed this posted here since this happened on April 12, 07. Or it could have passed us all by, with all the other things happening.
Here's the info:
Former Florida Governor Jeb Bush, brother of President George W. Bush, will join the board of Tenet Healthcare, the biggest publicly traded hospital company said on Thursday.
The move to appoint Bush, 54, comes as Dallas-based Tenet (Charts) continues its struggle to recover from a slew of scandals and lawsuits. Last year, it settled with the Department of Justice for $900 million over allegations that it had bilked the Medicare insurance program for the elderly. Earlier this month it settled a securities probe over fraud charges.Government lawsuits and several legal actions related to quality of care caused doctors to flee the company's hospitals, which has led to sinking patient admissions.
"Tenet is clearly trying to improve its reputation and overall governance, and went after a marquee name," said Howard Sherman, chief executive of GovernanceMetrics.
His group gives Tenet a 5.5 out of 10 rating, which is considered below average.
"For companies with a series of problems in their financial reporting, we keep them on a watch list and their ratings stay rather low until a couple of years of clean reporting," he said.
http://money.cnn.com/2007/04/12/news/newsmakers/bush.reut/?postversion=2007041213Oh boy, now we have a Bushie directly to oversee things within Tenet Healthcare.... Watch Out for MORE SCANDALS
Here is a thread on more about some of the medicare scandals between healthcare providers and the sellers of equipment and supplies...
http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=389x758013