Kiran C Patel
Dr. Kiran C. Patel is an American-Indian cardiologist, businessman and philanthropist.[1]
Dr Kiran C Patel | |
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File:Dr Kiran C Patel.jpg | |
Born | Zambia |
Nationality | Indian-American |
Other names | Dr K |
Occupation | Cardiologist |
Spouse | Dr Pallavi Patel |
Father | Chhotubhai Patel |
Early Life and Education
Patel was born in Zambia in 1950. Educated under the British system, he attended medical school in India before becoming a Fellow at Columbia University, New York. He completed his education from India and later emigrated to the United States with his wife, a medical doctor.[1] He completed his specialization in cardiology from Gujarat University.[1]
Indictments for Medicare Fraud
Several of Patel's companies have resulted in criminal investigations or indictments for Medicare fraud. WellCare, Patel's first company, was searched by 200 federal and state agents on October 24, 2007. In 2009, WellCare agreed to pay $80 million to avoid a charge of conspiracy to defraud the Florida Medicaid program. In June 2010, the company paid $137.5 million to the Department of Justice as a settlement.[2]
As a result, several WellCare executives were indicted in 2011 and its general counsel sentenced to prison.[3]
In 2009, a whistleblower lawsuit was filed alleging that Patel's second company, Freedom Health, was violating the False Claims Act, again defrauding Medicare. The allegations state that Freedom Health overstated the sickness of their patients to increase the Medicare payments they were eligible for.
In 2017, Freedom Health settled these charges, paying $31.7 million in fines.[4]
Namesake institutes
References
- ^ a b c Upadhyay, Brajesh (12 October 2017). "Why is this Indian giving $200m to Florida?" – via www.bbc.com.
- ^ https://www.tampabay.com/news/business/corporate/should-the-former-wellcare-ceo-convicted-of-fraud-be-able-to-cash-in-stock/2279153
- ^ https://www.justice.gov/usao-mdfl/pr/former-wellcare-inc-general-counsel-pleads-guilty-making-false-statement-florida
- ^ https://www.newyorker.com/magazine/2019/02/04/the-personal-toll-of-whistle-blowing