Sunday, April 5, 2009

Foxy Richard Scott Wants to Protect Us Chickens

Richard Scott was the former President of Columbia/HCA, the worlds largest health care company in the 1990s. He was ousted by his own board of directors after the company pleaded guilty to fraud against state and federal health programs. They paid $1.7 billion to settle charges. Big businessman Scott spoke out back then against non-profit hospitals (his competition) and said they were "non-taxpaying hospitals" that had no business doing hospital business.
He "retired" with his personal billions to Naples, Florida and he now owns a chain of urgent care clinics, serves on 5 large corporation boards of director and runs a private investment firm.

Richard Scott, the "Gordon Gecko" of the health care world, is using his personal money and influence on Capital Hill to form a new group, "Conservatives for Patients' Rights" to speak out against President Obama's health care plans. It doesn't matter that the President has been rather busy with the economy and has not yet outlined his health care plan...Scott is ready to oppose it no matter what.

According the the New York Times, it is rather odd that someone who led a company that defrauded the government, and also was the recipient of millions of dollars in personal profits from Medicare and Medicaid programs, is now the Republican spokesman against change and reform. Even industry groups and Republicans who opposed the Clinton health care proposals are admitting that some form of reform is necessary and inevitable.

Scott and the conservative public relations firm, CRC, who brought us the Swift Boat attacks on Senator John Kerry, have gone pubic with TV ads that star Scott ( an ego, ya think?) saying "Imagine waking up one day and all your medical decisions are made by a central, national board." He has dispatched cameras to other countries to discredit socialized medicine so we should be seeing those ads soon.

I think Americans have become a little smarter and a little less willing to listen to swindlers. Richard Scott, go crawl back under your Florida sand castle.


Anonymous said...

I don't see how this country is ever going to get on track when we have the same ole guys who got us in this mess thinking they can do the same ole things to fix it. Great post.

ERP said...

Disgusting as usual.

tracy said...

That's some scary lookin' sheep? Is it from the Transylvainian Mountain region of Romania?

tracy said...

Bet Mr. Scott doesn't have to worry about having enough money to get his taxes done or pay for his kid's education....wait, he doesn't pay taxes...right?

Susan Golden said...

The wrath of Richard Scott and friends is to this day still affecting main street America.

Richard Scott -Conservatives for Patients' Rights- a non-profit organization? What deceit!

Beware-in his commercial he identifies himself as Rick.

Richard Scott, "the former chief executive of HCA Inc," had formed the non-profit organization Conservatives for Patients' Rights as part of a "lobbying campaign

The next time you see ‘Rick’ in his commercial about healthcare- remember you are paying for that commercial. How do you like what your money has paid for? Pay close attention.

HCA Inc. (formerly known as Columbia/HCA and HCA - The Healthcare Company)

Note: Hospital Corporation of America (HCA) was acquired by Columbia in 1994.

Columbia/HCA is a partnership of financier Richard Rainwater of Ft. Worth and lawyer Richard Scott. Scott was recently terminated by Darla Moore, the wife of Richard Rainwater and according to Fortune Magazine, the “Toughest Babe in the Business”.

As part of Richard Scott's severance package from Columbia he was paid $5.13 million and given a five year consulting contract at $950,000 per year. His former president, Mr. Vandewater was paid $3.24 million and given a five year consulting contract at $600,000 per year.

'Five year consulting contract' for Richard Scott'--1997 + 5 = 2002

Just a reminder relating to the need for ‘healthcare financial service’ i.e. (NCFE) National Century Financial Enterprises; 'home health - which was struggling under the Balanced Budget Act of 1997; about 1,400 agencies closed nationwide in 1998.'

Columbia/HCA 'Five year consulting contract' for Richard Scott'--1997 + 5 = 2002

In 2002 FBI raided the offices of National Century Financial Enterprises in Dublin, Ohio and uncovered the largest fraudulent 'private' financial institute in our country's history.

Fast forward to 2007- National Century Financial Enterprises. Inc,:

“This case is one of the largest corporate fraud investigations involving a privately held company headquartered in small town America,” said Assistant Director Kenneth W. Kaiser of the FBI Criminal Investigative Division.
December 18, 2008 - The ONE AND ONLY acquittal; James K Happ!

Prosecutors' case fell short, juror says;

National Century fraud case produces 1st acquittal;

The "not guilty" verdicts that came in federal court yesterday were not so much a vindication of the last National Century Financial Enterprises executive to stand trial, a juror said.

Instead, they were more a belief that federal prosecutors had not done their job,...

1st & only acquittal, James K Happ in the last trial of this six year case. (A month before GW Bush leaves office)

Who is James K Happ?

Prior to arriving at NCFE, according to SEC Form September 9, 2003 Annual Meeting of Stockholders, Med Diversified Inc.

James K Happ- Mr. Happ also served as chief financial officer of the Dallas-based Columbia Homecare Group, Inc., … In this role, he directed the company through the challenging reimbursement climate, known as the interim payment system, and participated in the divestiture of all of Columbia/HCA's home care operations

Why does this matter?

All of those divested entities from Columbia Homecare Group-they were all financed by NCFE yet never mentioned in any media.

Anonymous said...
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Cockroach Catcher said...

Good post. We need to expose them here and there. Got it through Grand Rounds.

The Cockroach Catcher

Anonymous said...

You think Scott is not to be trusted? But you want all the Political Science majors and lawyers in Congress to devise a better scheme? You trust Barney Frank, Chris Dodd, Harry Reid, John Murtha, Jim Moran to do honest work? You've got to be kidding.

Toni Brayer MD said...

Anon 1:29: Who said anything about congress. Mixing apples and oranges, ya think?

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Even industry groups and Republicans who opposed the Clinton health care proposals are admitting that some form of reform is necessary and inevitable.

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