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malaise

(287,272 posts)
Mon Jun 30, 2025, 08:00 PM Jun 30

Just a reminder re Medicare Fraud

https://www.britannica.com/biography/Rick-Scott


In 1988 Scott founded the Columbia Hospital Corporation, which operated a chain of for-profit hospitals. Under Scott’s 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 company’s 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 company’s offices and hospitals in July, and in the same month the company’s board of directors forced Scott to resign—though 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
And don't forget, markodochartaigh Jun 30 #1
Yes indeed malaise Jun 30 #2
How do you just POOF Hospitals out of thin air anyway, BANKER in family? Brainfodder Jun 30 #3
ding x ! billion. AllaN01Bear Jun 30 #4

markodochartaigh

(3,475 posts)
1. And don't forget,
Mon Jun 30, 2025, 08:12 PM
Jun 30

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.

Brainfodder

(7,555 posts)
3. How do you just POOF Hospitals out of thin air anyway, BANKER in family?
Mon Jun 30, 2025, 08:42 PM
Jun 30

See him next Tuesday and bless his heart?





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