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Community Health Moves to Dismiss Tenet Lawsuit

Community Health Systems moved on Tuesday to dismiss a lawsuit filed against it by Tenet Healthcare, in which Tenet accused Community Health of overbilling Medicare.

In its lawsuit, Tenet claims that the takeover offer misleads its investors, arguing that projected cost savings are built on fraudulent numbers. Tenet has asked a federal court in Texas to require Community Health to restate its public financial statements about the merger and lower its estimates for potential cost savings.

Read the full New York Times story, "Community Health Moves to Dismiss Tenet Lawsuit."

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