Two executives with The Villages Health could see the remaining value of their contracts assigned to a buyer of the bankrupt medical group.
The Villages Health’s Chairman of the Board Elliot Sussman and CEO Bobby Trinh each are apparently owed $130,658 on their remaining contracts. The amounts were included in a filing with U.S. Bankruptcy Court in Orlando, in the ongoing saga of the bankrupt health provider that was introduced nearly 15 years ago to bring a “Marcus Welby” model of medicine to The Villages.
Sussman, who was integral in the inception of The Villages Health, has been paid $1.260 million over the past 12 months as the chairman of the board. Sussman bought a home in The Villages in 2011 for $1.2 million. He still owns it.
Trinh has been paid a total of $1.06 million over the past year, including a $200,000 retention bonus on July 2 – the day before the bankruptcy announcement, which included a soothing letter he sent out to patients.
Meanwhile Dr. James Besong, a doctor who was invited to practice at the Mulberry Grove Care facility but later claimed that his workload multiplied when the physician ranks began thinning out at his office, apparently has an outstanding contract of $953.12. He had been promised an annual compensation of $230,000 when he was hired…