Miami hospital operator settles with SEC over accounting

Your Health Matters

A sign for the SEC is pictured in the foyer of the Fort Worth Regional Office in Fort WorthBy Sarah N. Lynch WASHINGTON (Reuters) – The operator of Miami-Dade County's largest hospital will settle civil charges accusing it of misleading investors about its financial condition before an $83 million bond offering, U.S. regulators said on Friday. The Public Health Trust, the governing authority for Jackson Health System, will not face a civil monetary penalty due to its cooperation with the federal government during the investigation and its current financial condition. A spokesman for the Public Health Trust was not immediately available for comment. …

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