UnitedHealthcare wants to ask Morse family members where the money went at The Villages Health.
A bankruptcy judge has approved the sale of the assets from The Villages Health to Humana’s CenterWell for $68 million, which would appear to be a fire sale price considering The Villages Health had gross revenues of well over $400 million last year. Humana is making the acquisition after The Villages Health declared bankruptcy after self-reporting an estimated $360 million in “erroneous Medicare coding,” which has yet to be fully explained.
UnitedHealthcare has accused the Morse family of raking in millions of dollars from The Villages Health prior to the sudden bankruptcy of the “Marcus Welby” physician service…