You are so right! It is all about the money. The villages health is a great concept that is sucking a lot of red. The developer has been subsidizing the operation into the millions each month. I believe they thought Unitedhealthcare's MA program would grow substantially with the association with the villages. That did not happen so the anticipated payer mix did not generate the projected capitated payment revenues. This move positions the system for a stock buyout. Stock is held by management and physicians. The most likely buyer is United Health Care. Meanwhile, where will the original Medicare patients go? A smart move for a quality primary care group would to set up shop adjacent to the villages.
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