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SEC probing Hospital Corporation of America

Washington Post, October 7, 2009

The Securities and Exchange Commission has opened a probe into whether Hospital Corporation of America violated securities law by manipulating its books and records, according to documents and people familiar with the investigation. The investigation has been focusing in part on HCA's London subsidiary and whether the company fabricated tens of thousands of payments for phantom nursing shifts. HCA runs more than 160 facilities across the United States and in London.