Interesting new twist in The villages Health ongoing bankruptcy case

Interesting new twist in The villages Health ongoing bankruptcy case

Notices

You are viewing a old design of the TOTV site. It will be disabled anytime. Click here to switch to the new version.

Reply
 
Thread Tools
News coverage
  #46  
Old Yesterday, 09:33 AM
Roger.G Roger.G is offline
Junior Member
 
Join Date: Aug 2024
Posts: 3
Thanks: 8
Thanked 1 Time in 1 Post
Default News coverage

Whatever transpires I am sure it will be covered on the front page of our local newspaper like it should be
Reply With Quote
The Following User Says Thank You to Roger.G For This Useful Post:

  #47  
Old Yesterday, 09:39 AM
JRcorvette JRcorvette is offline
Veteran member
 
Join Date: Oct 2022
Posts: 598
Thanks: 623
Thanked 476 Times in 230 Posts
Default

Why not just let the members of Villages Healthcare system (run by United Healthcare) move over into the standard United Healthcare system. when it comes to healthcare ie medicare you want something that will be accepted everywhere in the country and not just the Villages.
Reply With Quote
  #48  
Old Yesterday, 09:48 AM
New Englander New Englander is offline
Soaring Eagle member
 
Join Date: May 2017
Location: Massachusetts, Pinellas, Now Sanibel
Posts: 2,214
Thanks: 765
Thanked 1,473 Times in 512 Posts
Default

I have been using United Healthcare with TVH for 7yrs. If Centerwell is able to take control of the VH, will United Healthcare still be accepted?
Reply With Quote
  #49  
Old Yesterday, 02:36 PM
MX rider's Avatar
MX rider MX rider is offline
Veteran member
 
Join Date: Sep 2021
Location: The Villages
Posts: 640
Thanks: 106
Thanked 654 Times in 271 Posts
Default

Quote:
Originally Posted by JRcorvette View Post
Why not just let the members of Villages Healthcare system (run by United Healthcare) move over into the standard United Healthcare system. when it comes to healthcare ie medicare you want something that will be accepted everywhere in the country and not just the Villages.
We're on TV Healthcare UHC plan. We can use it anywhere that takes UHC. And we can change our pcp to a doctor outside the TV Health if we choose to. It's still a UHC Advantage plan.
__________________
"Attack life. It's going to kill you anyway." Steve McQueen
Reply With Quote
  #50  
Old Yesterday, 03:04 PM
tophcfa's Avatar
tophcfa tophcfa is offline
Sage
 
Join Date: Feb 2015
Location: Wherever I happen to be.
Posts: 7,867
Thanks: 3,697
Thanked 11,415 Times in 3,646 Posts
Default

Quote:
Originally Posted by kingofbeer View Post
I do not know what the bankruptcy judge's responsibility is. My understanding is that he is working on behalf of the creditors not the patients.
My understanding is that the bankruptcy judge (Judge Lori V. Vaughan in TVH case) in a chapter 11 case has to strike a balance between the interests of both the debtor and creditors, but not the business customers (The Villages Health patients in this case). That being said, the court tries to facilitate an outcome that keeps the business viable and ongoing, which would indirectly benefit TVHโ€™s patients. The creditors are divided into various priority classes, with secured creditors being top priority over unsecured creditors. My understanding is that the CMS (Medicare overpayments) creditor claims are considered priority unsecured claims, which fall in between secured claims and unsecured claims.
Reply With Quote
  #51  
Old Yesterday, 06:02 PM
OrangeBlossomBaby OrangeBlossomBaby is offline
Sage
 
Join Date: Feb 2015
Posts: 10,556
Thanks: 8,511
Thanked 11,708 Times in 3,953 Posts
Default

Quote:
Originally Posted by JRcorvette View Post
Why not just let the members of Villages Healthcare system (run by United Healthcare) move over into the standard United Healthcare system. when it comes to healthcare ie medicare you want something that will be accepted everywhere in the country and not just the Villages.
The Villages Health is NOT "The Villages Healthcare," and it's not a system. It's a medical group. It's not insurance. It's a bunch of doctors that all work together in the same building, with nurses and PAs and receptionists and appointment-makers and a laboratory and specialists.

This private medical center has chosen not to accept regular Medicare, except for certain specialists within the group. That is their choice, and the doctors who work for them are employees, not contractors.

If those employees want to leave the group and create their own group practice they probably can, unless they've signed contracts saying otherwise.

In addition, if you're not old enough for Medicare yet, and have regular health insurance for people who are 64 years old or younger, then The Villages Health is "in network" for most of those insurance companies.
Reply With Quote
  #52  
Old Yesterday, 06:55 PM
WingedFoot78 WingedFoot78 is offline
Senior Member
 
Join Date: Mar 2022
Posts: 142
Thanks: 1
Thanked 102 Times in 48 Posts
Default

As a current customer of Village Health AND Citizens First bank, I am beginning to think that I should consider finding a new bank and health care provider. No one knows how long the lawyers are going drag this out and what the final outcome will be.
Reply With Quote
  #53  
Old Yesterday, 09:20 PM
spinner1001 spinner1001 is online now
Senior Member
 
Join Date: Dec 2020
Posts: 445
Thanks: 59
Thanked 271 Times in 166 Posts
Default

Quote:
Originally Posted by BrianL99 View Post
Generally, the purpose of Creditor filing, is to gain standing to participate in the process.
Exactly. Done by filing a Proof of Claim form with the bankruptcy court. Practically speaking, there may not be any monies left in the bankrupt entity if one is not participating in the process. And I am talking about a plaintiff in an open or potential lawsuit. Those are indeed claims in bankruptcy. 11 U.S. Code ยง 101.
Reply With Quote
  #54  
Old Today, 04:27 AM
RoseyRed RoseyRed is offline
Senior Member
 
Join Date: Jul 2024
Posts: 193
Thanks: 933
Thanked 91 Times in 63 Posts
Default

Quote:
Originally Posted by Roger.G View Post
Whatever transpires I am sure it will be covered on the front page of our local newspaper like it should be
Reply With Quote
Reply

Tags
villages, court, sale, health, bankruptcy


Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT -5. The time now is 04:58 PM.