Talk of The Villages Florida - View Single Post - Villages Health where did all the money go?
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Old 07-15-2025, 09:50 AM
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Quote:
Originally Posted by Stu from NYC View Post
I think you are overlooking an important factor. Profits and available cash go up and granted money is spent for expansion but also salaries and dividends to the owners go up and can go up substantially.
Of course, and that also balances the books. Did the owners of TVH make money? I don't know but it's likely. If you look at the bankruptcy filing, you'll see that many of the physicians are small shareholders, like 0.0025% each, but they have not received a penny from that share of ownership. But my point is that the money received from the so-called overbilling is not extra---it was simply what they expected and no one disagreed--not their outside auditors, not CMS----until.............and we all know the rest so far.