Talk of The Villages Florida - View Single Post - I asked in July where has all the money gone in Villages Health?
Thread: I asked in July where has all the money gone in Villages Health?
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Old 09-07-2025, 07:57 AM
Justputt Justputt is offline
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Quote:
Originally Posted by elle123 View Post
Where has all the money gone? To a bunch of crooks and now a portion is going to legal and financial advisors who are going to try to wiggle their hoodlum clients out of a $360 million dollar Medicare fraud indictment.
I wouldn't be too quick to assume anyone walked away with the money, although that is possible. I retired from a hospital that was historically comfortably in the black pre-COVID and post-COVID grossing more money than ever but still losing $2M/month in large part because locum expenses and government's continued bundling and payment reductions. Many in healthcare left during and after COVID because of burnout, COVID/post-COVID culture changes, skimping on staff because of personal shortages, consolidation with "stronger/bigger" hospitals with different priorities, etc. I wouldn't be surprised if most of the money was burnt trying to keep operations running. But we'll have to wait and see.
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