[Boomer]

Buy a well established company’s stock on the big dip, collect the dividend while hoping it will not be cut, and be willing to wait. (Works for me. . .Sometimes.) Everything is not about the Mag 7.

Boomer

[Rainger99]

According to the bankruptcy filings TVH gross annual revenues in fiscal year (“FY”) 2024 were approximately $485,845,432.00. I didn't see what their annual expenses were but I am still looking!

They have more than 800 employees but only about 80 primary and specialty care physicians.

[jjombrello]

???????

[Topspinmo]

Originally Posted by gatorbill1

Warren Buffet is a lot smarter than I am - and MUCH RICHER

Yep smart enough to pay less taxes than his secretary..

[Jayhawk]

Originally Posted by elle123

Has anyone gone to jail for The Villages Medicare Fraud of almost half a billion dollars?

Do you like anything about living in The Villages?

[spinner1001]

Originally Posted by Topspinmo

Yep smart enough to pay less taxes than his secretary..

Doesn’t understand the difference between taxes ($) and tax rate (%).

[spinner1001]

Originally Posted by elle123

Has anyone gone to jail for The Villages Medicare Fraud of almost half a billion dollars?

And then there is intellectual fraud.

[idlewild]

Originally Posted by kcrazorbackfan

So true. Today, a lot of people that live here, always want to quickly blame The Villages and the Developers for anything that happens. Just like you said “herd mentality”.

In a court document filed this week, United HealthCare alleges that The Villages Health had a “record of corporate misbehavior” and points out that The Villages Health “admitted to the submission of incorrect information to its health insurance companies.” The U.S. government has stated that it is owed $361 million due to erroneous Medicare billing by The Villages Health. The over billing of Medicare and the money now owed to the government is at the heart of the bankruptcy filing.

United HealthCare explains in its filing that The Villages Health “is owned and controlled by the same individuals that own and control The Villages, an intertwined business that literally surrounds (The Villages Health.)"

“The Debtor is a closely-held family-owned company whose officers, directors and owners face hundreds of millions of dollars of liability for submitting false information to its health insurance companies,” United HealthCare said.

I'm don't think I'm going too far out on a limb here to say that one of the country's largest health insurance and managed care companies wouldn't basically names individuals if they didn't feel there was "fraud."

[JMintzer]

Originally Posted by Topspinmo

Yep smart enough to pay less taxes than his secretary..

Fake news...

It's been debunked, multiple times...

[JMintzer]

Originally Posted by spinner1001

Doesn’t understand the difference between taxes ($) and tax rate (%).

Exactly!

[Rainger99]

Originally Posted by idlewild

In a court document filed this week, United HealthCare alleges that The Villages Health had a “record of corporate misbehavior” and points out that The Villages Health “admitted to the submission of incorrect information to its health insurance companies.” The U.S. government has stated that it is owed $361 million due to erroneous Medicare billing by The Villages Health. The over billing of Medicare and the money now owed to the government is at the heart of the bankruptcy filing.

United HealthCare explains in its filing that The Villages Health “is owned and controlled by the same individuals that own and control The Villages, an intertwined business that literally surrounds (The Villages Health.)"

“The Debtor is a closely-held family-owned company whose officers, directors and owners face hundreds of millions of dollars of liability for submitting false information to its health insurance companies,” United HealthCare said.

I'm don't think I'm going too far out on a limb here to say that one of the country's largest health insurance and managed care companies wouldn't basically names individuals if they didn't feel there was "fraud."

This is the document.

https://cases.stretto.com/public/x45...0000000031.pdf