Nnanji
Posts: 4552
Joined: 3/29/2016 Status: offline
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quote:
ORIGINAL: tweakabelle Is this the same Rick Scott whose company tried to fleece the Federal Govt out of hundreds of millions in Medicare scams? According to wiki" "He resigned as chief executive of Columbia/HCA in 1997, amid a controversy over the company's business and Medicare billing practices; the company ultimately admitted to fourteen felonies and agreed to pay the federal government over $600 million, which was the largest fraud settlement in US history. Scott was not implicated and no charges were leveled against him personally." "On March 19, 1997, investigators from the FBI, the Internal Revenue Service and the Department of Health and Human Services served search warrants at Columbia/HCA facilities in El Paso and on dozens of doctors with suspected ties to the company.[31] Eight days after the initial raid, Scott signed his last SEC report as a hospital executive.[32] Four months later the board of directors pressured Scott to resign as Chairman and CEO.[33] He was paid $9.88 million in a settlement, and left owning 10 million shares of stock worth over $350 million.[34][35][36] The directors had been warned in the company's annual public reports to stockholders that incentives Columbia/HCA offered doctors could run afoul of a federal anti-kickback law passed in order to limit or eliminate instances of conflicts of interest in Medicare and Medicaid.[32]" In settlements reached in 2000 and 2002, Columbia/HCA pleaded guilty to 14 felonies and agreed to a $600+ million fine in the largest fraud settlement in U.S. history. Columbia/HCA admitted systematically overcharging the government by claiming marketing costs as reimbursable, by striking illegal deals with home care agencies, and by filing false data about use of hospital space. They also admitted fraudulently billing Medicare and other health programs by inflating the seriousness of diagnoses and to giving doctors partnerships in company hospitals as a kickback for the doctors referring patients to HCA. They filed false cost reports, fraudulently billing Medicare for home health care workers, and paid kickbacks in the sale of home health agencies and to doctors to refer patients. In addition, they gave doctors "loans" never intending to be repaid, free rent, free office furniture, and free drugs from hospital pharmacies.[3][4][5][6][7] In late 2002, HCA agreed to pay the U.S. government $631 million, plus interest, and pay $17.5 million to state Medicaid agencies, in addition to $250 million paid up to that point to resolve outstanding Medicare expense claims.[37] In all, civil lawsuits cost HCA more than $2 billion to settle; at the time this was the largest fraud settlement in U.S. history. https://en.wikipedia.org/wiki/Rick_Scott It would appear that Scott has unique 'expertise' to comment on Federal funding. So your logic is, he's with a company that is caught performing fraud, he resigns...something Hillary the crook should do, there is absolutely, per your article, no implication he was involved, and that makes him a hypocrite? Oh...and per the OP as governor he didn't want to expand Medicare in his state, having learned from the experience you posted how fraudulent it could be, that makes him a hypocrite?
< Message edited by Nnanji -- 7/22/2016 7:26:14 AM >
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