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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsJust a reminder re Medicare Fraud
https://www.britannica.com/biography/Rick-ScottIn 1988 Scott founded the Columbia Hospital Corporation, which operated a chain of for-profit hospitals. Under Scotts leadership, the company quickly expanded. In 1994 it merged with the Hospital Corporation of America (HCA) to form Columbia/HCA Healthcare Corporation, and Scott became the companys chairman and chief executive officer. The company soon became the largest for-profit hospital chain in the United States.
By 1997, however, Columbia/HCA had come under criminal investigation for alleged fraudulent charges by its hospitals to Medicare and Medicaid and other government health programs. Federal authorities raided the companys offices and hospitals in July, and in the same month the companys board of directors forced Scott to resignthough it granted him a generous retirement package consisting of approximately $10 million in cash and $300 million in company stock. Although Scott was not charged with any crime, Columbia/HCA eventually paid fines totaling $1.7 billion. In 2003 the U.S. Department of Justice characterized the settlement as by far the largest recovery ever reached by the government in a health care fraud investigation. Scott later moved to Florida, where he ran his own investment firm, Richard L. Scott Investments, and another health care company, Solantic Corporation, which he founded in 2001.
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Just a reminder re Medicare Fraud (Original Post)
malaise
Jun 30
OP
markodochartaigh
(3,475 posts)1. And don't forget,
about half of the Floridians who bothered to vote voted for him as governor and as senator. If you don't want the worst people to run the country you have to vote. Because the people who want to run YOUR life will damn sure vote.
malaise
(287,272 posts)2. Yes indeed
This sure is a kakistocracy
Brainfodder
(7,555 posts)3. How do you just POOF Hospitals out of thin air anyway, BANKER in family?
See him next Tuesday and bless his heart?
AllaN01Bear
(26,718 posts)4. ding x ! billion.