And leave Duke University's doctors holding the tab:
A Florida-based company that lent its CEO more than $5 million for an Angus cattle ranch and a biography and screenplay about himself has gone into receivership, leaving Duke University Health System and area doctors’ offices owed more than $8 million for treating patients from Butner federal prison, according to court records and officials of the state medical society.
See, this is how you become "prosperous": take money from the Federal government for a specific purpose, and then spend that money to enrich yourself. It's no wonder the Florida AFP held him in such high regard:
Americans for Prosperity announced Richard Willich as its new chairman of the Florida Advisory Board this week. In this capacity, Mr. Willich will be responsible for advancing AFP-Florida’s mission to educate citizens about economic policy, mobilize citizens to achieve fiscal and regulatory restraint by state governments, and return the federal government to its Constitutional limits.
Except for those multi-million dollar contracts for being an inept and selfish middleman. We don't want to limit the Federal government too much.
Duke and the various doctors’ offices who are owed money are unsecured creditors, which puts them further down the list of creditors to be paid from the remains of a collapsing company. A new company is administering the Butner health care contract.
Among the doctors who weren’t paid is Douglas Holmes, who owns ENT & Audiology Associates in Raleigh. His small office is owed $27,000 to $30,000 for work it did with prisoners.
The problems started last winter, Holmes said, when MDI began sending payments for just a fraction of some bills. It took awhile for the company that handles his billing to notice, because there were payments in each case, just the wrong amount. Then the money stopped coming in altogether.
Answers about MDI’s remaining assets are scarce. No one answered the phones at the company this week, and the court-appointed receiver, Ronald Winters of Alvarez & Marsal Healthcare Industry Group LLC, didn’t return telephone calls.
One practice in Raleigh, Carolina Vascular Surgery and Diagnostics, has tried to get answers from the receiver about the chances of even some money from the remnants of MDI, but can’t get its calls returned, said Deb Sanford, an insurance billing specialist.
Tell you what, since I'm in a good mood, I'll give you a leg up on where to look for some of those assets. You can start with Woodleaf Investment Company:
Foreign Profit Corporation
WOODLEAF INVESTMENT COMPANY
Document Number F06000004830
FEI/EIN Number 330455626
Date Filed 07/20/2006
Registered Agent Name & Address
WILLICH, RICHARD R
7520 COUNTY ROAD 208
ST AUGUSTINE FL 32092 US
Name Changed: 04/18/2012
Address Changed: 04/18/2012
Name & Address
90 FORT WADE ROAD
PONTE VEDRA FL 32081
90 FORT WADE ROAD
PONTE VEDRA FL 32081
And if that doesn't pan out, check out some of these other entities this Prosperous American may have created:
•90 Fort Wade Road - Medical Network Providers, Inc.
•90 Fort Wade Road - Reassure Technologies International, Inc.
•90 Fort Wade Road - Medical Partners Of America, Inc.
•90 Fort Wade Road - United Teleplex, Inc.
•90 Fort Wade Road - Mdi Healthcare Solutions, Inc.
•90 Fort Wade Road - Mdi Consultants, Inc.
•90 Fort Wade Road - Woodleaf Investment Company
•90 Fort Wade Road - Mdi Holdings, Inc.
•90 Fort Wade Road - Medical Development International Ltd, Inc.
•90 Fort Wade Road - North St. Johns, LLC
•90 Fort Wade Road - West St. Johns, LLC
•90 Fort Wade Road - Mdi Office Park Owners Association, Inc.
•90 Fort Wade Road - Mdi Technologies, Inc.
BlueNC is dedicated to making North Carolina a more progressive and prosperous state. If your intention is to disrupt this effort, please find somewhere else to express your opinions.