Sunday, 4 March 2012

HOSPITAL CHAIN TO PAY $840 MILLION.(MAIN)

Byline: MICHAEL J. SNIFFEN Associated Press

WASHINGTON -- HCA-The Healthcare Company, the nation's largest for-profit hospital chain, agreed Thursday to plead guilty to defrauding government health care programs and will pay more than $840 million in criminal fines, civil penalties and damages.

The agreement reached after a seven-year federal investigation triggered by private whistleblowers is the largest government fraud settlement ever negotiated by the Justice Department.

The company agreed to cooperate with a continuing investigation that Attorney General Janet Reno said could still produce criminal charges against individuals in what Deputy …

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