Re:How to brazenly steal $100B from Medicare and Medicaid
by robg on Thursday March 09, 2023 @01:05PM
(#35084444)
HCA is a huge health system. Iām no fan of Rick Scott, but hospitals are traditionally run independently. They have 180.
Re:How to brazenly steal $100B from Medicare and Medicaid
by hotpotamus on Thursday March 09, 2023 @01:16PM
(#35084632)
I suppose in a large enough system, the buck never stops anywhere.
Re:How to brazenly steal $100B from Medicare and Medicaid
by rootusrootus on Thursday March 09, 2023 @03:19PM
(#35086097)
And thus the reason for corporations in a single sentence.
Somehow he got off by resigning as CEO and went on to be elected governor and later senator of Florida. Absolutely mind-boggling that he seemed to face no personal consequences for that. In fact, when he resigned he was paid out millions and granted hundreds of millions in stock by the board.
https://www.justice.gov/archive/opa/pr/2003/June/03_civ_386....
> Previously, on December 14, 2000, HCA subsidiaries pled guilty to substantial criminal conduct and paid more than $840 million in criminal fines, civil restitution and penalties. Combined with today's separate administrative settlement with the Centers for Medicare & Medicaid Services (CMS), under which HCA will pay an additional $250 million to resolve overpayment claims arising from certain of its cost reporting practices, the government will have recovered $1.7 billion from HCA, by far the largest recovery ever reached by the government in a health care fraud investigation.
https://en.wikipedia.org/wiki/Rick_Scott
> Eight days after the initial raid, Scott signed his last SEC report as a hospital executive. Four months later, the board of directors pressured him to resign as chairman and CEO.[32] He was succeeded by Thomas F. Frist Jr.[33] Scott was paid $9.88 million in a settlement, and left owning 10 million shares of stock then worth more than $350 million