Talk of The Villages Florida - View Single Post - Villages Health where did all the money go?
Thread: Villages Health where did all the money go?
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Old 07-14-2025, 01:42 PM
jimschlaefer jimschlaefer is offline
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Originally Posted by Snowbirdtobe View Post
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.
To add to your "where is the money" question; let's just assume it was all used to support TVHC services and quality. If that were the case, and this revenue source is no longer going to be legally available, what services and quality will suffer? Hmmmm
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