Talk of The Villages Florida - View Single Post - Thought’s on Villages Health Chapter 11
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Old 07-04-2025, 12:48 PM
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Quote:
Originally Posted by OrangeBlossomBaby View Post
https://thevillageshealth.com/wp-con...FINAL_1230.pdf

Doctors at TVH don't work on commission. They are salaried. The specific codes are irrelevant, to patients, unless the billing error is affecting their bill. This miscoding didn't affect patient billing at all, and so patients really don't need to hear all the nitty gritty details.

They need to know there was a mistake. The mistake was found, and reported. The mistake was corrected so that it can't happen again. There's a debt that has to be repaid as a result. It's in the process of being repaid.
That appears to be a rather vague explanation written by their lawyers. It doesn’t explain what happened.

And for a company that has an “absolute
commitment to transparency amongst our patient community” it clearly lacks transparency.

Is the debt being repaid? I thought they have estimated liabilities of $100m-$500m and estimated assets of $50m-$100m.