Category: Medicare/Medicaid
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How Medicare Advantage investors made billions off loose government lips
By Fred Schulte
Center for Public Integrity
The third of February 2011 was mostly a ho-hum day on Wall Street — but not for companies offering Medicare Advantage plans. Several of those firms hit the jackpot, tacking on billions of dollars in new value after federal officials signaled they might go easy on health plans suspected of overcharging the government. -
Embattled Broward Health paid law firm $10.2 million; Tab included a lawyer’s M&Ms
By Dan Christensen
FloridaBulldog.org
Taxpayer-supported Broward Health has paid $10.2 million so far for legal advice about how to deal with an ongoing federal investigation into allegations that it colluded with doctors to submit tens of millions of dollars in bogus claims to Medicare and Medicaid. -
Embattled nonprofit Plaza Health Network sells property, insider pockets millions
By Francisco Alvarado
FloridaBulldog.org
When nonprofit Miami-Dade nursing home operator Plaza Health Network sold a prime slice of Miami Beach real estate for $13.6 million last spring, its board chairman, Russell Galbut, collected more than $3 million for himself and his real estate company, Crescent Heights, according to company documents reviewed by FloridaBulldog.org. -
Humana facing new federal scrutiny over private Medicare plans
By Fred Schulte
Center for Public Integrity
Giant health insurer Humana, Inc. faces new scrutiny from the Justice Department over allegations it has overcharged the government by claiming some elderly patients enrolled in its popular Medicare plans are sicker than they actually are. -
Amid probe, Broward Health’s top heart doctor takes pay cut; “Every bit about the money”
By Dan Christensen
FloridaBulldog.org
A prominent Fort Lauderdale cardiologist at the center of a federal investigation into alleged Medicare and Medicaid fraud at Broward Health has signed a new contract featuring a hefty pay cut and an unfamiliar requirement that he treat poor people. -
FBI probes whistleblower claim of $130 million scam; Plaza Health Network under scrutiny
By Francisco Alvarado
BrowardBulldog.org
Since being founded 64 years ago as a convalescent home for elderly Jewish people and war veterans, Plaza Health Network has nurtured a reputation for providing top-notch services to senior citizens of all denominations. But a little-noticed whistleblower’s lawsuit by an ex-Plaza executive alleges the non-profit company scammed the federal government for $130 million.
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