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Poses: No pain for execs in Tenet scandal

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Roy M. Poses, M.D., writing in his Health Care Renewal site, complains that despite Tenet Healthcare’s $514 million fine by the Feds for its kickbacks and other bad behavior, that no Tenet executive is being punished. Health Care Renewal focuses on what Dr. Poses sees as increasing and severe corruption in American healthcare, mostly driven by greed.

The  Tenet settlement is meant to resolve a lengthy criminal investigation and lawsuits.

Dr. Poses writes:
“As is typical of such settlements, no individual who might have authorized, directed or implemented the kickbacks suffered any consequences.  While top managers of Tenet might have gotten even bigger bonuses because of the additional revenues supplied by the sorts of behavior discussed above, they  would suffer no financial penalties as a result of this settlement.  In fact, in 2015, the current Tenet CEO,  Mr. Trevor Fetter, who was an officer of the company in 2013, the last year kickbacks covered by the settlement ocurred, received total compensation of $15,354,283according to the company’s 2016 proxy statement.”

To read Dr. Poses’s posting, please hit this link.


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