Posted on 08/03/2007 4:41:11 PM PDT by Libloather
Auditor under fire reaps big profits
Firm has been criticized for rejecting many hospital Medicare claims in state.
By David Whitney - Bee Washington Bureau
Published 12:00 am PDT Friday, August 3, 2007
WASHINGTON -- PRG-Schultz International, the Atlanta auditing company under fire for its sweeping rejection of claims for California Medicare patients cared for by rehabilitation hospitals, announced soaring second-quarter profits Thursday.
The announcement came a day after members of the California congressional delegation met with audit overseers in a heated meeting in which they complained that PRG-Schultz's wholesale rejection of claims is enriching its bottom line while jeopardizing health care for the elderly.
"We really want to see something done about this," said Rep. Lois Capps, D-Santa Barbara, in an interview Thursday. "Providers are now going bankrupt, frankly, because of this arduous process."
Rep. Devin Nunes, R-Tulare, said bluntly: "They either fix this, or we will fix it for them."
**SNIP**
Blum Capital Partners, a business venture of Richard Blum, the husband of Sen. Dianne Feinstein, D-Calif., is a major investor in the company and as a result of a restructuring last year, holds a seat on the auditing company's board.
**SNIP**
The California Hospital Association has been complaining for nearly a year that the auditing practices of PRG-Schultz were putting rehabilitation hospitals at risk of having to pay back large sums of money alleged to have been improperly billed. It has since asked the inspector general of the Department of Health and Human Services to investigate the company.
**SNIP**
"Multiply that by 53 congressional districts, and we are talking about over $300 million, and they get $90 million of that," Nunes said of PRG-Schultz. "This is not the case of the boy who called wolf once too often. This is very serious."
**SNIP**
(Excerpt) Read more at sacbee.com ...
Seems DiFi’s hubby Dickie Blum, has his finger in a lot of government dealings....waiting for congress to investigate this..
The article says that Medicade and Medicare investigated their billing proceedures and found them to be acceptable. It was done at the request of, WHO ELSE, BUT FEINSTEIN. I’m sure that was all on the up and up.
I thought I read that her buddy, Nancy Pelosi, says that this kind of “rich getting richer” is obscene.
Don’t hold your breath.
This woman is one of the biggest crooks in Congress and what is being done about it...are they all worse than she is or does she have all of their FBI files like Clinton did? Something needs to be done about her corruption!!!!!!!!!!
“This woman is one of the biggest crooks in Congress...”
_________________________________________________________
Crook hell, she and her husband are war profiteers....but what do we here from the elephants?
>>>>>>>>>>>>>>>>>>>>>>>>> crickets <<<<<<<<<<<<<<<<<<<<<<<
Taking advantage of the unhealthy? That is undemocratic all you “we want everyone to have health coverage” democrats.
Always picture this if you don’t believe our Congress critters are in it for themselves.
Feinstein in huge mansion by the ocean; ordinary tax payer on street corner holding sign “Will work for food”.
Pelosi should know since she uses the government laws to enrich her Queen like self.
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