Way to go Cramer!!=>Tenet Responds to Rumor of FBI Search of Its Headquarters
SANTA BARBARA, Calif.--(BUSINESS WIRE)--Oct. 31, 2002--Tenet Healthcare Corporation (NYSE:THC) understands that there is a rumor circulating that its corporate headquarters has been searched by the Federal Bureau of Investigation. The company wishes to emphasize that this is absolutely untrue. As Tenet's press release stated earlier today, we are deeply concerned by allegations contained in an affidavit filed today by the U.S. Attorney's Office in Sacramento, Calif., regarding two physicians who practice at Tenet's Redding Medical Center in Redding, Calif. We believe the unfounded rumors may be an outgrowth of that matter.
Tenet Healthcare Corporation, through its subsidiaries, owns and operates 113 acute care hospitals with 27,726 beds and numerous related health care services. Tenet and its subsidiaries employ approximately 114,300 people serving communities in 16 states. Tenet's name reflects its core business philosophy: the importance of shared values among partners -- including employees, physicians, insurers and communities -- in providing a full spectrum of health care. Tenet can be found on the World Wide Web at www.tenethealth.com.
Certain statements in this release may constitute forward-looking statements. They are based on management's current expectations and could be affected by numerous factors and are subject to various risks and uncertainties. Certain of those risks and uncertainties are discussed in the Company's filings with the Securities and Exchange Commission, including the Company's annual report on Form 10-K and quarterly reports on Form 10-Q. 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.
CONTACT:
Tenet Healthcare Corporation
Media: Gary Hopkins, 805/563-6885
Investors: Paul Russell, 805/563-7188
Diana Takvam, 805/563-6883
SOURCE: Tenet Healthcare Corporation
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10/31/2002 15:56 EASTERN |
