Tag Archives: HCA

Governor Voldemort has a better idea because he knows all about health care.

My Gov don’t like him none of that Muslim-Keynan Obamacare stuff. He’s no fan of Medicare/Medicaid either (even though his criminal abuse of both made him and his co-conspirators millions). Nevertheless, we the people chose him to run things here in Florida, trusting, I assume, that he’d gotten ethically born-again.

He knows – made it clear on Day One – that Obamacare is not for Florida and so has refused to institute any of the legally mandated reforms. He has a better idea. States, he says:

. . . can do a better job . . . we should have 50 laboratories to see which is the best approach.

Yeah, that’ll work.

Here’s a little summary of his earlier career as head of Columbia/HCA (that’s Health Corporation of America):

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.[21] The Columbia/HCA board of directors pressured Scott to resign as Chairman and CEO following the inquiry.[22]He was paid $9.88 million in a settlement. He also left owning 10 million shares of stock worth over $350 million.[23][24][25] In 1999, Columbia/HCA changed its name back to HCA, Inc.

I always like that getting rewarded with $10million dollars for screwing up your company part. It’s the new American way you know. Also, job creators.

In the settlements,  Columbia/HCA pled guilty and agreed to a $600+ million fine in the largest fraud settlement in US history. They admitted systematically overcharging the government . . . 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 . . .  In addition, they gave doctors “loans” never intending to be repaid, free rent, free office furniture, and free drugs from hospital pharmacies.

That ‘overcharging the government’ part? That’s us, that’s taxpayer money he stole.

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.[26]In all, civil law suits cost HCA more than $2 billion to settle, by far the largest fraud settlement in US history.[27]