New company named HealthTrust. Bankers Trust is financial adviser, Drexel Burnham to handle high-yield debt, ESOP debt and other financing. R. Clayton McWhorter and Charles N. Martin selected to lead HealthTrust. September News reports say HealthTrust deal delayed by Drexel Burnham's inability to sell HealthTrust junk bonds. 1988 Initial year when government alleges most false hospital cost reports filed.
Government confirms firm is target of probe.
More than dozen people have also filed separate ''whistle-blower'' lawsuits, according to the government. April HCA files counterclaim for unprocessed Medicare cost reports dating to 1994. Gannett Co. Inc. newspaper Use of this site signifies that you agree to our terms of service. Associated Press content is Copyrighted by The Associated Press.