Talk of The Villages Florida - Rentals, Entertainment & More
Talk of The Villages Florida - Rentals, Entertainment & More
#76
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Not what happened
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#77
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This was fraud against we Americans. And I hope those involved GO TO JAIL. |
#79
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1) THEY ARE NOT THIEVES 2) My posts are based on expertise in health care, generally it is nonsense that I am responding to (like now) 3) They not only had people on staff, but outside consultants, and they were told their coding was fine, which only goes to show how vague many of these diagnostic codes are. 4) THERE IS NO OFFICIAL ACCUSATION OF, NOR INVESTIGATION OF FRAUD 5) YOU don't get to send people to jail, a judge and jury does. So, take another look at who has posted "nonsense", I would suggest you need a mirror |
#80
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I've already explained it 3 different ways. In the last analogy, the banana company NEVER got unexpected revenue from the sale of bananas, they got the $100 they expected. Only after years of selling them at $1 each did they find out, or at least there was an opinion out there, that they should have only been charging $0.75 each
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#81
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Not sure why some on here can't get what you're saying. Thanks anyway for helping us understand the situation more clearly.
__________________
"Attack life. It's going to kill you anyway." Steve McQueen |
#82
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The website says it has 55,000 patients. If you divide $360,000,000 by 55,000 that is about $6500 per patient or more than $1,500 per patient per year. Those bananas are more expensive than buying them at Publix. TVH may have a perfect explosion for the billing discrepancy. But if it is as innocent as you say, why doesn’t TVH or their lawyers explain it to us? |
#83
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#84
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#85
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#86
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__________________
"God made me and gave me the right to remain silent, but not the ability." Sen John Kennedy (R-La) " ... and that Norm, is why some folks always feel smarter, when they sign onto TOTV after a few beers" adapted from Cliff Claven, 1/18/90 |
#87
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Or they have assets worth $10
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#88
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If they used the funds for other purposes, profit, overpaid the doctors and staff or overpaid on rent and did not expand staff and doctors then the funds disappear but patients notice no over staffing. The organization "knew" something was wrong since they were doing twice the business with the same staff. If any other non-government business did this someone would be found at fault. If they truly thought the billings were correct then those who will still be using the "new company" should see the staff (including Doctors) reduced significantly and offices downsized or closed since they inflated the workload and income by miscoding as noted in the example above. Someone got the hundreds of millions they can't repay and which caused the bankruptcy. Time will tell who. If they do not cut the number of Doctors and staff, then it went somewhere else and that needs to be investigated. |
#89
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According to an AI search, the largest case of Medicare overcharging that wasn’t classified as a criminal matter appears to be the settlement involving Independent Health Association and its affiliate, Independent Health Corporation, announced on December 20, 2024. They agreed to pay up to $98 million to resolve allegations under the False Claims Act for knowingly submitting invalid diagnosis codes to Medicare for Medicare Advantage Plan enrollees to inflate payments. This was a civil settlement, not a criminal case, as it focused on improper billing practices without criminal charges.
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#90
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They did not believe there were "overcharges", therefore they did not exceed their expected revenue. And the "number of visits" is irrelevant with MA plans. I don't understand why this concept is so difficult to grasp, their budget was based on the LEGITIMATE expectation of revenue based on their number of patients and diagnostic mix, with outside consultants indicating that their coding was OK. There is nothing "extra". There is no slush fund or secret account. Nobody got hundreds of millions. There is no charge of fraud and no investigation because it is NOT NEEDED. Apparently, they have agreed to a settlement of what CMS considers a mistake in coding. |
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