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The State Of Florida Refuses To Give Molina Healthcare Multi-Billion Dollar Contract Due To The Company's Fraudulent Practices Boycott Molina Healthcare As They Are A Dangerous Investment May 17. 2018
Molina Healthcare [ARTICLE BACKGROUND: This is a follow up to the boycott I called for last year against Molina Healthcare (I Do Not Recommend Using Molina Healthcare Who Are Cutting Corners And Killing Patients In The Process and BOYCOTT: Molina Healthcare Stock Downgraded And CEO Sells 15,000 Stocks Cashing Out $1,000,000 and Remember To Switch From Molina Healthcare This Enrollment Period and Molina Healthcare Posts $612 Million In Losses, Loses Two Big Contracts And A Lawsuit Against The Government and Molina Healthcare Hit With Class Action Lawsuits For Deceiving Shareholders In Lying About The Financial State Of The Company Then Losing Nearly $1 Billion Dollars and Molina Healthcare Sued In Class Action Lawsuit For Stealing Pay From Doctors]. The State of Florida has been issuing $90 billion dollars in medical contracts via the Agency for Health Care Administration. Molina Healthcare has been cut out of the $90 billion in contracts, due to their fraudulent practices. The Biz Journal website is reporting that Molina has been banned from the $90 billion dollars in State of Florida medical contracts that run from 2019-2024. Molina is very upset with the decision, as the company has been hemorrhaging money due to their poor financial decisions that has gotten them sued and generated terrible publicity. Molina was repeatedly paid money by the U.S. government for Medicare and Medicaid patients, regarding medical care rendered by hospitals and doctors offices in many states in America. However, Molina Healthcare kept much of the money and did not pay hospitals and doctors across America what was due, in order to show big profits on the stock market, in bids at sending up their share price. All the money Molina Healthcare touted via stock market results was not real profits. Some of it was a refusal to pay the massive debts they owe to hospitals, doctors and dental offices across America. These are SEC violations. As a result of this misconduct, many hospitals and medical practices in America do not accept Molina Healthcare medical insurance. I dare you to check. You will see exactly what I am writing about in this article. I do not advise the public choose Molina Healthcare, as you will have a very difficult time finding qualified doctors and dentists, as medical care providers are shunning the company with good reason. You will also be turned away from many hospitals, as Molina Healthcare has a very bad reputation for non-payment. Government hospitals are the ones accepting Molina Healthcare and even they are complaining they are not getting paid for medical services rendered. How are hospitals supposed to pay their staff and keep afloat with Molina Healthcare racking up millions in unpaid bills. Additionally, Molina Healthcare is cutting corners in refusing to pay for the physical rehabilitation of seriously ill patients, which has resulted in deaths. Molina's refusal to pay hospitals is resulting in patients being discharged early and sent home to recover from catastrophic heart attacks and serious surgeries, when they should be in medical rehabilitation centers recovering, where they can be properly monitored to prevent repeat heart attacks and fatal surgical complications. As such, Molina has been sued by many hospitals in America for non-payment of bills they are legislatively and contractually obligated to pay. For example, 9 hospitals in Florida sued Molina for $88,000,000 regarding non-payment of medical bills. These hospitals rendered medical care to many patients, then Molina refused to pay the bills they are bound by law to cover. STORY SOURCE Florida names 9 medicaid health plans but challenges loom Apr 26, 2018, 8:00am - TALLAHASSEE — Florida
officials on Tuesday announced the names of the nine health
plans the state wants to ink contracts with to provide
health care to nearly four million poor, elderly and
disabled residents. The decision is not final, though, and
Molina Healthcare of Florida and Positive Healthcare — both
of which currently have contracts, but would be shut out of
the Medicaid program between 2019-2024 — have said they plan
on challenging the Agency for Health Care Administration’s
decision. |
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