No. of Recommendations: 16
Dope
Given how scarce medical resources are, stuff like this ought to be resulting in people serving prison sentences. I agree. Seems US medical fraudsters are using the same playbook as financial fraudsters,
if they have size. The company pays Millions to settle the case, but the honchos on whose watch the fraud was committed walk free, with their 8 figure paydays. A crooked oncologist here in metro Detroit, was running his fraud on his own, and he's doing hard time. This creep defrauded Medicare and private insurance companies alike.
Farid Tanios Fata (Arabic: فريد طانيوس فتى, born 1965) is a Lebanese-born former hematologist/oncologist and the mastermind of one of the largest health care frauds in U.S. history. Fata was the owner of Michigan Hematology-Oncology (MHO), one of the largest cancer practices in Michigan. He was arrested in 2013 on charges of prescribing chemotherapy to patients who were healthy or whose condition did not warrant chemotherapy, then submitting $34 million in fraudulent charges to Medicare and private health insurance companies over a period of at least six years.
Fata pleaded guilty in 2014 to charges of health care fraud, conspiring to pay and receive kickbacks, and money laundering. On July 10, 2015, he was sentenced to 45 years in federal prisonhttps://en.wikipedia.org/wiki/Farid_FataMarco
Yeah and how much of the fraud is committed by Democrats, for Democrats, at the behest of Democrats?There are plenty of money grubbing fraudsters on both sides of the aisle.
Remember HCA, Healthcare Corporation of America?
US settles biggest ever healthcare fraud case
HCA admitted to a long list of charges, including submitting inflated bills and expenses to the government for payment; exaggerating the seriousness of diagnoses to increase Medicare reimbursement; illegally structuring business deals so that Medicare picked up the cost of corporate expenses; and providing doctors with kickbacks for patient referrals.
HCA also gave other inducements to win favour from doctors, such as free rent and office refurbishment and free drugs from hospital pharmacies. One of HCA's most controversial business practices involved providing partnership investments in company hospitals for doctors, who could then refer patients to them. The programme was abandoned in 1997 when Thomas Frist Jr, the brother of US Republican Senator Bill Frist of Tennessee, took over as chief executive from Richard L Scott, the founder of Columbia/HCA.https://pmc.ncbi.nlm.nih.gov/articles/PMC1119297/Scott and Bill Frist are both Republicans. Scott, founder of Columbia was Governor of Florida from 2011 to 2019, and Senator from Florida since 2019, all after his fraudulent activities at Columbia/HCA were known. Frist, whose family members founded HCA, was a Senator representing Tennessee from 1995-2007.
Steve
