$1.2 BILLION CONTRACT W/DC: WHERE'S CREWS 'DUE DILLIGENCE'?
Results 1 to 3 of 3
 
  1. #1
    Guest

    $1.2 BILLION CONTRACT W/DC: WHERE'S CREWS 'DUE DILLIGENCE'?

    More questions raised about Florida prison provider

    The two top executives of a state vendor who negotiated a $1.2 billion contract with the Florida Department of Corrections to provide medical care for thousands of state prisoners were abruptly dismissed on Wednesday.

    Tennessee-based Corizon, operating subsidiary of Valitas Health Services, declined to discuss the reason for the departures of Chief Executive Officer Rich Hallworth and President Stuart Campbell.

    The move, however, followed a Sept. 23 announcement by Moody’s Investors Service that it had downgraded approximately $360 million in Valitas’s corporate debt securities - changing the company’s rating outlook from stable to negative and increasing the likelihood of default.

    Last week, BrowardBulldog.org reported that Corizon, which began work in August at 41 state correctional facilities in North and Central Florida, was sued 660 times for malpractice across the country in the last five years. Nearly half of those cases remain open. Of those that are closed, 91 – one in four – ended with confidential settlements.

    Read more here: http://miamiherald.typepad.com/nakedpol ... rylink=cpy

    PS: In 1997 the company, Columbia Health, that Rick Scott RAN paid the Federal Government 1.7 BILLION ((BILLION)) DOLLARS in fines. That same year Scott and Columbia Health paid the State of Florida 14 MILLION DOLLARS in fines. Governor Scott was a major player in the theft of ...dare we say BILLIONS... of Medicare money. Scott left the company with more than 100 million dollars and remember Gov. Scott paid 70? Million of his own money to be elected. My problem is with this unimaginable amount of money should Governor Scott be asking questions about HEALTH CARE or should a BILLION DOLLARS have produced a man that should be writing the ULTIMATE BOOK on health care in America.

  2. #2
    Guest

    Re: $1.2 BILLION CONTRACT W/DC: WHERE'S CREWS 'DUE DILLIGENC

    Actually that would mean Crews did a good job maybe as far as lowballing the contract. These privates do anything to keep costs down at all costs. We know there is a lot of fakers in prison but the privates have gotten a lot more truly hurting inmates hurt real bad or dead than the state ever has by not taking action due to the bottom line.

  3. #3
    Guest

    Re: $1.2 BILLION CONTRACT W/DC: WHERE'S CREWS 'DUE DILLIGENC

    Quote Originally Posted by Guest
    More questions raised about Florida prison provider

    The two top executives of a state vendor who negotiated a $1.2 billion contract with the Florida Department of Corrections to provide medical care for thousands of state prisoners were abruptly dismissed on Wednesday.

    Tennessee-based Corizon, operating subsidiary of Valitas Health Services, declined to discuss the reason for the departures of Chief Executive Officer Rich Hallworth and President Stuart Campbell.

    The move, however, followed a Sept. 23 announcement by Moody’s Investors Service that it had downgraded approximately $360 million in Valitas’s corporate debt securities - changing the company’s rating outlook from stable to negative and increasing the likelihood of default.

    Last week, BrowardBulldog.org reported that Corizon, which began work in August at 41 state correctional facilities in North and Central Florida, was sued 660 times for malpractice across the country in the last five years. Nearly half of those cases remain open. Of those that are closed, 91 – one in four – ended with confidential settlements.

    Read more here: http://miamiherald.typepad.com/nakedpol ... rylink=cpy

    PS: In 1997 the company, Columbia Health, that Rick Scott RAN paid the Federal Government 1.7 BILLION ((BILLION)) DOLLARS in fines. That same year Scott and Columbia Health paid the State of Florida 14 MILLION DOLLARS in fines. Governor Scott was a major player in the theft of ...dare we say BILLIONS... of Medicare money. Scott left the company with more than 100 million dollars and remember Gov. Scott paid 70? Million of his own money to be elected. My problem is with this unimaginable amount of money should Governor Scott be asking questions about HEALTH CARE or should a BILLION DOLLARS have produced a man that should be writing the ULTIMATE BOOK on health care in America.


    Sounds exactly like the kind of business the state likes to deal with.

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •