He was governor of FL while I was still living there and I really didn't care for him then... Hopefully he'll do better as senate minority leader should he be elected to that position...
When every left-wing FNM outlet piles on someone it makes me cautious, to say the least. So I went looking for an opposing viewpoint, one that claims Scott was attacked by the rabid jackals of FNM unjustly. If you could read the following article and weigh in on it's points, that would be interesting. It seems that people who knew him then think very highly about him.
I read through the article. A couple things stood out to me:
How does someone build a mega-empire hospital chain over a few short years with a $125,000 joint venture? I've looked into business loans, years ago, and banks require MUCH more investment than that for a loan. Six billion? Holy cow.
"What we were doing everyone else was doing,” says Braun. Unacceptable excuse.
Interestingly, I seemed to recall that Scott moved to Florida from California when he ran for governor. I just tried to locate a link for this, and could find nothing. Seems to me this would be noteworthy. I remember quite a few Floridians were suspicious of this when it happened. Hillary did the same thing when she ran for senate, moving to New York. Legal, yes, but is it really honest...representing people and issues you know nothing about?
(1) The linked article goes into a bit more detail as to how the original concept grew financially including the securing of what I'm sure was a sizable loan from Citicorp.
.
From the linked article --
"... In July 1988, Scott's Columbia Healthcare made its first acquisition — a $61 million purchase of two El Paso hospitals, with seller financing and loans from Citicorp. (A fact worth noting in this deal is that the seller of the El Paso hospitals was Nashville-based HealthTrust Inc., which was a spin-off company of HCA. In other words, the roots of Columbia-HCA were circular. As one former Columbia-HCA executive, who would not speak for attribution, said: “The policies we used went back to HCA.”) ..."
.
(2) The article goes into far more detail about what was considered normal business practice back then, well worth reading for anyone else following this thread who truly wants to understand what was considered normal at that time.
It's also probably crucial to understand that it was Hillary Clinton's directives on healthcare, this while first spouse, that prompted a change into how healthcare would operate (and likely helping to set the stage for the Renegade's healthcare BS). It was these Hilldawg directives that Scott was vocally opposed to and they sent 500 agents into Scott's HCA facilities as a response.
.
"... When Columbia purchased its hospitals, it too relied on outside auditors from the Big Four accounting firms to evaluate the hospitals' Medicare books and practices. Braun says in none of those deals did auditors flag any Medicare issues. “I've never even seen a cost report,” Braun says.
What most news reports have ignored about the alleged Medicare fraud have been the ample news reports between 1987 and final settlement in 2003 that the Medicare practices in question did not start with Columbia. They were inherited in Columbia's acquisitions. They existed before Scott purchased HCA and HealthTrust ..."
.
"... This time a force of 500 agents in seven states swarmed into Columbia-HCA facilities looking for records showing Medicare overbilling.
..."
.
As to your last point implying that Scott's foray into politics in Florida was shady...
I didn't find any mention of Scott residing in California prior to moving to Florida, but the article did mention that Scott was an attorney in Texas when he began his aggressive venture to build a healthcare network. In 1997 he moved to Naples, Florida and was involved in several companies during the ensuing THIRTEEN YEARS he was a Florida resident before running for office in 2010. Equating this to what the Hilldawg did in New York is rather disingenuous.
.
From the linked article --
"... In the mid-1980s, Rainwater sat on the board of Hospital Corporation of America (HCA) and was a friend of then-HCA CEO Dr. Tommy Frist.
Scott, at the time, was an ambitious corporate mergers and acquisition lawyer in his early 30s at a Dallas law firm. In 1987, having worked in health-care mergers a few years, Scott..."
.
From wiki (look down a ways starting at the "Venture Capitalist" section) --
And finally, as a general refutation of the leftist FNM smearing of Scott --
"... They reported, although downplayed, that Scott was never charged with any crimes nor investigated. The Miami Herald said “federal investigators found that Scott took part in business practices ... that were later found to be illegal” — citing no evidence of Scott's personal involvement nor noting that these “practices” were widely accepted in the industry until federal regulators changed the rules.. ..."
He was governor of FL while I was still living there and I really didn't care for him then... Hopefully he'll do better as senate minority leader should he be elected to that position...
Everyone in Florida held their noses when voting for him as governor: https://marketrealist.com/p/rick-scott-medicare-fraud-explained/
When every left-wing FNM outlet piles on someone it makes me cautious, to say the least. So I went looking for an opposing viewpoint, one that claims Scott was attacked by the rabid jackals of FNM unjustly. If you could read the following article and weigh in on it's points, that would be interesting. It seems that people who knew him then think very highly about him.
.
https://www.businessobserverfl.com/news/2010/nov/05/real-rick-scott/
I read through the article. A couple things stood out to me:
How does someone build a mega-empire hospital chain over a few short years with a $125,000 joint venture? I've looked into business loans, years ago, and banks require MUCH more investment than that for a loan. Six billion? Holy cow.
"What we were doing everyone else was doing,” says Braun. Unacceptable excuse.
Interestingly, I seemed to recall that Scott moved to Florida from California when he ran for governor. I just tried to locate a link for this, and could find nothing. Seems to me this would be noteworthy. I remember quite a few Floridians were suspicious of this when it happened. Hillary did the same thing when she ran for senate, moving to New York. Legal, yes, but is it really honest...representing people and issues you know nothing about?
Your points --
(1) The linked article goes into a bit more detail as to how the original concept grew financially including the securing of what I'm sure was a sizable loan from Citicorp.
.
From the linked article --
"... In July 1988, Scott's Columbia Healthcare made its first acquisition — a $61 million purchase of two El Paso hospitals, with seller financing and loans from Citicorp. (A fact worth noting in this deal is that the seller of the El Paso hospitals was Nashville-based HealthTrust Inc., which was a spin-off company of HCA. In other words, the roots of Columbia-HCA were circular. As one former Columbia-HCA executive, who would not speak for attribution, said: “The policies we used went back to HCA.”) ..."
.
(2) The article goes into far more detail about what was considered normal business practice back then, well worth reading for anyone else following this thread who truly wants to understand what was considered normal at that time.
It's also probably crucial to understand that it was Hillary Clinton's directives on healthcare, this while first spouse, that prompted a change into how healthcare would operate (and likely helping to set the stage for the Renegade's healthcare BS). It was these Hilldawg directives that Scott was vocally opposed to and they sent 500 agents into Scott's HCA facilities as a response.
.
"... When Columbia purchased its hospitals, it too relied on outside auditors from the Big Four accounting firms to evaluate the hospitals' Medicare books and practices. Braun says in none of those deals did auditors flag any Medicare issues. “I've never even seen a cost report,” Braun says.
What most news reports have ignored about the alleged Medicare fraud have been the ample news reports between 1987 and final settlement in 2003 that the Medicare practices in question did not start with Columbia. They were inherited in Columbia's acquisitions. They existed before Scott purchased HCA and HealthTrust ..."
.
"... This time a force of 500 agents in seven states swarmed into Columbia-HCA facilities looking for records showing Medicare overbilling.
..."
.
As to your last point implying that Scott's foray into politics in Florida was shady...
I didn't find any mention of Scott residing in California prior to moving to Florida, but the article did mention that Scott was an attorney in Texas when he began his aggressive venture to build a healthcare network. In 1997 he moved to Naples, Florida and was involved in several companies during the ensuing THIRTEEN YEARS he was a Florida resident before running for office in 2010. Equating this to what the Hilldawg did in New York is rather disingenuous.
.
From the linked article --
"... In the mid-1980s, Rainwater sat on the board of Hospital Corporation of America (HCA) and was a friend of then-HCA CEO Dr. Tommy Frist.
Scott, at the time, was an ambitious corporate mergers and acquisition lawyer in his early 30s at a Dallas law firm. In 1987, having worked in health-care mergers a few years, Scott..."
.
From wiki (look down a ways starting at the "Venture Capitalist" section) --
https://en.m.wikipedia.org/wiki/Rick_Scott
.
And finally, as a general refutation of the leftist FNM smearing of Scott --
"... They reported, although downplayed, that Scott was never charged with any crimes nor investigated. The Miami Herald said “federal investigators found that Scott took part in business practices ... that were later found to be illegal” — citing no evidence of Scott's personal involvement nor noting that these “practices” were widely accepted in the industry until federal regulators changed the rules.. ..."
Nope, I lived through his governorship, there must be summertime better. We need maga.
Great! Then they will put him in a SCIF - and MkUltra him - and he’ll be just like Mike Johnson.
Skeleton is an asshole, but I THINK he tends to vote pretty conservatively.
A "D-" is not the improvement I'm looking for.
It will be hard to attract the youth vote with Voldemort at the helm.
The direct link (or click on the post title) --
https://www.breitbart.com/politics/2024/05/22/rick-scott-will-run-to-replace-mitch-mcconnell-as-republican-leader/