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Started By
Message
re: A story about to break about one of the top Louisiana companies getting busted..
Posted on 4/7/11 at 8:38 am to LSUAlum2001
Posted on 4/7/11 at 8:38 am to LSUAlum2001
My money's on Copeland....
1
Posted on 4/14/11 at 1:35 pm to tigerpawl
....
Posted on 4/14/11 at 2:06 pm to kfizzle85
I was think about this thread earlier today. When is this gonna come out?
Posted on 4/14/11 at 3:46 pm to GaryOwen
quote:
You mean Gentiva?
They are just as bad from personal knowledge. I recall a WSJ article about 2+ years ago detailing home health practices and the names mentioned here, with Amedisys always as primary subject. Talk to any honest therapist or nurse and the stories are ridiculous. The segment took a hit of about 40% around the time of that article. Then I saw 125 people were either subpoena'd or arrested about 5-7 months ago for fraud/abuse.
The billing tells the tale, Medicare changes pay mix to Z from X, all of sudden Amedisys is selling care to patients for 10+ visits for Z. If congress really wants to reduce costs they should kill companies continuing to do this shite.
ETA-if it is in the home health industry and for tax evasion of all things, which might be easier to prove than scamming the payor mix, I will LMAO.
This post was edited on 4/14/11 at 3:50 pm
Posted on 4/14/11 at 4:15 pm to tirebiter
Isn't Amedisys a revolving door for people who worked for politicians? Jindal has a few staffers now on payroll.
Posted on 4/14/11 at 4:28 pm to tirebiter
Keep in mind that the Home Health industry will see a 10% cut by the end of next year. Your going to end up with 4 majors at the end of the day in HH. Amed, Almost Family, Gentiva, LHCG will all survive on pure volume as they gobble up the rest of the industry in M&A.
Posted on 4/14/11 at 5:15 pm to LSUAlum2001
Popeyes. Book it.
Posted on 4/14/11 at 5:29 pm to reverendotis
What do we get if we pick the winner (well, technically loser, but who's keeping score?).
Posted on 4/14/11 at 9:41 pm to MightierThePenIs
quote:
What do we get if we pick the winner (well, technically loser, but who's keeping score?)
presuming you've shorted the frick out of them? you can now post on the OT.
Posted on 4/15/11 at 9:36 am to reverendotis
quote:
Popeyes. Book it.
Atlanta based.
Posted on 4/16/11 at 12:05 pm to LSUAlum2001
Tidewater's taxes on EBT were only 3% for this past quarter, while they were closer to 20% in each of the four quarters past.
This is a complete wild-card guess. I haven't even looked for an explanation. Just throwing this out there.
And I'd definitely call Tidewater a "top" LA company. Surprised they've yet to be mentioned.
This is a complete wild-card guess. I haven't even looked for an explanation. Just throwing this out there.
And I'd definitely call Tidewater a "top" LA company. Surprised they've yet to be mentioned.
Posted on 4/16/11 at 2:13 pm to RedStickBR
I'll pressure on my end by tossing out the companies at the agent we listed and see if he gives anything away with his expression.
Posted on 5/25/11 at 5:21 pm to LSUAlum2001
What happened to this thread - what company, if any, was brought up on charges or busted?
An official legal document arrived at the house today regarding a large scale law suit against the company I was haranguing in this thread. If the court system decisions the case based upon the facts many care providers will be going to the bank happy. At some point in the future this company will only be able to hire the dregs of the industry if it continues its unlawful labor practices. A mass exodus has already occurred as is.
Forget the labor law issue, the firm is currently paying 32 cents/mile to employees working in home health when the IRS rate is 51 cents/mile.
An official legal document arrived at the house today regarding a large scale law suit against the company I was haranguing in this thread. If the court system decisions the case based upon the facts many care providers will be going to the bank happy. At some point in the future this company will only be able to hire the dregs of the industry if it continues its unlawful labor practices. A mass exodus has already occurred as is.
Forget the labor law issue, the firm is currently paying 32 cents/mile to employees working in home health when the IRS rate is 51 cents/mile.
Posted on 5/25/11 at 6:05 pm to tirebiter
Was it Amedisys?
Posted on 5/25/11 at 6:14 pm to tirebiter
quote:
What happened to this thread - what company, if any, was brought up on charges or busted?
I heard K&B Drugs has had some financial problems.....
Posted on 5/25/11 at 11:00 pm to tirebiter
quote:
Forget the labor law issue, the firm is currently paying 32 cents/mile to employees working in home health when the IRS rate is 51 cents/mile.
and the employee is allowed to claim the additional 19 cents/mile on their return.
Posted on 5/25/11 at 11:14 pm to LSURussian
Great ice cream though.
Posted on 5/25/11 at 11:31 pm to kfizzle85
:cough:Turner:cough:
Posted on 5/26/11 at 12:12 pm to Golfer
quote:
and the employee is allowed to claim the additional 19 cents/mile on their return.
After meeting 2% threshold. On average salary, etc, I would prefer $1500 in my pocket from IRS rate. I call it subsidizing corporate profit. At $4/gas the IRS rate should be higher as well.
This post was edited on 5/26/11 at 12:32 pm
Posted on 5/26/11 at 12:13 pm to RedStickBR
I was referring to GTIV, other posters had brought up Amedisys earlier in the thread.
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