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New York, NY – August 9, 2006 – In a press release issued by Tenet Healthcare Corporate on July 6, 2006, Tenet Healthcare Corporation announced that it had reached agreement with its 2005-2006 property insurers to settle all claims related to physical damage and business interruption sustained by Tenet as a result of Hurricane Katrina.
The insurers will pay Tenet a total of $340 million, all of which has been received by the company as of today.Anderson Kill represented Tenet in the post-Katrina settlement with the insurance providers.For more information, please contact:Carol A. UeckermanCommunications/Marketing Managercueckerman@andersonkill.com(212) 278-1339
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