Tenet Healthcare Specimen Stock Certificate

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Tenet Healthcare Corp Specimen Stock Certificate

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Vintage Stock Certificate

Product Code: 5546

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This Tenet Healthcare specimen stock certificate was printed in 1995. Tenet Healthcare Corp. (NYSE- THC) was founded in 1967, it owns and operates hospitals and outpatient facilities. In the 1990 and early 2000’s, Tenet paid in excess of $900 million for fines and to settle lawsuits. The company survived the fines and settlements incurred due to Psychiatric Fraud, Unnecessary Heart Surgeries and Medicare Fraud. In 2014 Tenet paid another $500 million in fines for a Medicaid "kickback" scheme.

Specimen stock certificates are certificates that were archived by printers and the company as perfect examples of the company’s stock issue. Specimen’s can be identified by their “specimen” stamp, stamped holes spelling “specimen”, or they are often issued with a serial number of a series of zeros. Often, they are also issued with no serial number at all. Specimens can also represent a design that was never issued. All of these attributes make the specimen stock certificate rarer than the issued version of the share. Many enthusiasts collect specimens as a whole new category of Scripophily.