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FightFight

(179 posts)
Tue Dec 10, 2024, 11:08 AM Dec 10

Republican Rick Scott Senator of Fl was CEO of Columbia/HCA when the company was fined $1.7 billion for Medicare fraud.


During his tenure as chief executive, the company defrauded Medicare, Medicaid, and other federal programs. The Department of Justice won 14 felony convictions against the company, which was fined $1.7 billion in what was at the time the largest healthcare fraud settlement in U.S. history.

Scott pleaded the Fifth 75 times was part of a civil case by Nevada Communications Corp., which alleged that Columbia/HCA breached the terms of a communications contract. Scott gave the deposition at his offices in Stamford, Conn., on July 27, 2000, months before the settlement with the federal government.








https://www.politifact.com/factchecks/2014/mar/03/florida-democratic-party/rick-scott-rick-scott-oversaw-largest-medicare-fra/
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Republican Rick Scott Senator of Fl was CEO of Columbia/HCA when the company was fined $1.7 billion for Medicare fraud. (Original Post) FightFight Dec 10 OP
And that company was owned by the Frist family, of which former FL Senator Frist belongs Attilatheblond Dec 10 #1
Slight correction Docreed2003 Dec 10 #4
Yes, thank you for that correction Attilatheblond Dec 10 #7
Yes, and we've never forgotten..at least some of us as he keeps getting re-elected 😡 Deuxcents Dec 10 #2
Rick did resign, but he made out like a bandit. sop Dec 10 #3
He gave us a gander into the future. Baitball Blogger Dec 10 #5
He passed republican qualification for being a senator. republianmushroom Dec 10 #6

Attilatheblond

(4,480 posts)
1. And that company was owned by the Frist family, of which former FL Senator Frist belongs
Tue Dec 10, 2024, 11:13 AM
Dec 10

Remember how they managed to get Bush the Lesser to call the Senate back in the attempt to interfere with court order to let Terry Schivo's husband finally remove his brain dead wife from life support? Yeah, those guys were the boss of RIck Scott when he ran their healthcare facility that did that massive Medicare fraud.

No matter the misery, those people will do whatever to rake in the federal dollars while touting 'conservative values'.

sop

(11,478 posts)
3. Rick did resign, but he made out like a bandit.
Tue Dec 10, 2024, 11:16 AM
Dec 10

"Four months later, the board of directors pressured him to resign as chairman and CEO. He was succeeded by Thomas F. Frist Jr. Scott was paid $9.88 million in a settlement, and left owning 10 million shares of stock then worth more than $350 million."

Scott then used his ill-gotten gains to finance a run for governor.

"The Fort Myers News-Press quoted Scott as saying he spent roughly $78 million of his own money on the campaign, although other figures indicate he spent slightly over $75 million. He won the general election, defeating Sink by around 68,000 votes, or 1.29%."

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