Talk of The Villages Florida - View Single Post - Villages Health where did all the money go?
View Single Post
 
Old 07-12-2025, 09:05 AM
Snowbirdtobe's Avatar
Snowbirdtobe Snowbirdtobe is offline
Senior Member
Join Date: Jul 2010
Location: Hacienda
Posts: 282
Thanks: 26
Thanked 35 Times in 21 Posts
Default Villages Health where did all the money go?

The Villages has received over $361,000,000 in over payments from the FEDS.
The bankruptcy filings has the US taxpayers or Medicare listed as an unsecured creditor due 361 Million US $. Where is that money? That is $6500 per patient.
I noticed that the rent was paid to TV. The rent looks to be 1,135,000 per month, but no rent is forecast for October, Nov, or Dec in the pro-forma DIP budget.