blow the whistle
$show the love

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.”