'Shady' past continues to haunt Huntsville Memorial Hospital as transaction nears
A system that allowed millions of dollars to disappear as a result of alleged fraud at the highest level has left Huntsville residents without a stable hospital.
Walker County Hospital Corporation — the non-profit organization responsible for the operation of Huntsville Memorial Hospital — is preparing to file bankruptcy after losing millions due to inflated salaries, alleged insurance fraud and failing attempts to establish a network of clinics. This has been confirmed by officials with the corporation and the Walker County Hospital District.
The troubles have also placed a burden on taxpayers, with the public taxing entity — the hospital district — providing nearly $6 million in forgiven rent payments and cash infusions to keep the doors open.
“We knew we had to provide the $2.9 million subsidy for the hospital to keep the doors open,” district chairperson Anne Woodard said of subsidies that were awarded at the end of 2018. Approximately $1.6 million of which was in the form of rent forgiveness.
Read more: https://www.itemonline.com/news/shady-past-continues-to-haunt-hospital-as-transaction-nears/article_076e7a28-b56a-11e9-97ac-63e8aed2766f.html
(Huntsville Item)