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Ex-hospital CEO convicted of Medicaid fraud to fund $6M parachute

Ex-hospital CEO convicted of Medicaid fraud to fund $6M parachute
December 9, 2010 --

Former Thomasville hospital CEO Ken Beverly was convicted of Medicaid fraud on Wednesday, two years after he cashed out with a $6.3 million retirement package. The feds charged Beverly and the hospital’s ex-CFO fabricated records so Archbold could collect more Medicaid money. In doing so, a federal prosecutor said, large pensions were “first and foremost on their minds.”

Ga. Public Health let $12M go uncollected from insurers

November 19, 2010 --

Georgia didn’t collect at least $12 million from three insurers for vaccines for children insured in government health programs, Georgia Health News reports. Peach State Health Plan, WellCare and Amerigroup accumulated the debts between January 2007 and early to mid-2009 and still owed the money as recently as two months ago. The debts accrued as […]