Home Sections Broward Health Lawsuit: Corrupt ‘Giveaway’ At Broward Health To Cost $2.5 Billion Over 25...

Lawsuit: Corrupt ‘Giveaway’ At Broward Health To Cost $2.5 Billion Over 25 Years

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Fort Lauderdale’s Broward Health Medical Center, flagship of the North Broward Hospital District.

A corrupt deal at Broward Health that “gave away” the public hospital district’s radiation business for treating cancer patients is costing the troubled public hospital system an estimated $100 million a year in revenue.

That stunning allegation about Broward Health’s 25-year contract with 21st Century Oncology is contained in an amended complaint in the federal whistleblower case brought by former Broward Health chairman David Di Pietro and unsealed last week.

Florida Bulldog reported in February 2016 that Gov. Rick Scott had a financial interest in 21stCentury when Broward Health’s board awarded it the unprecedented 25-year, no-bid contract to provide radiation oncology services at the district. Republican Scott, who as governor appoints Broward Health’s board, was then an investor in a private-equity firm that owned 21st Century.

“Under the terms of the original deal over the course of a 25-year contract, [former Broward Health President/CEO Frank] Nask gave away in excess of $2.5 billion in potential revenues to 21st Century Oncology with a potential profit margin in excess of $500 million,” says the complaint.

By Dan Christensen, FloridaBulldog.org, Special to SouthFloridaReporter.com, Oct. 5, 2017

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The FloridaBulldog is led by its’ founder, Dan Christensen. Christensen is an award winning former investigative reporter for The Miami Herald and Daily Business Review, and one of South Florida’s most experienced reporters. The reports they publish are strictly from their own investigations.