Clown Show

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Envision has taken over and there are locums companies recruiting as well but they are refusing to allow Florida residents (and envision employees probably) from doing locums there
 
“Several Anesco employees told the South Florida Sun Sentinel they had not been paid in three weeks by Anesco, while others were paid only after they threatened to walk out.”

Does anybody know why Anesco couldn’t make their payroll? Even if collections are bad/delayed in a given month, it seems like they should have been able to pay out something >$0 to their doctors and CRNAs. Where’s the money?
 
“Several Anesco employees told the South Florida Sun Sentinel they had not been paid in three weeks by Anesco, while others were paid only after they threatened to walk out.”

Does anybody know why Anesco couldn’t make their payroll? Even if collections are bad/delayed in a given month, it seems like they should have been able to pay out something >$0 to their doctors and CRNAs. Where’s the money?
The money is where the Plotkin game stop trader guy hid his 800 million in profits in 2020. He lives in Miami.

Yet when he was down 2 billion in early 2021. Plokin didn’t want to use any of his own money to try to cover the financial losses.

That’s where the anesthesia money is.

The group collects the profits. Pays it out and leaves the business account with very little left to pay others. No one will take their other personal money to pay out business liabilities.

It’s simple business strategy

Now whether they borrowed money to meet payroll. I don’t know. Many troubled anesthesia company have borrowed money (anywhere between 1-10 million and in today’s market at 10% interest rate to cover payroll. It’s a death spiral for these trouble anesthesia groups.

That’s why I’m hesitant to take over a surgery center and be responsible for billing collections. 2 have offered me a guaranteed 1-1-1.3 million subsidy/guranteed to staff 2-3 Or rooms.

3 crnas and and MD plus vacation coverage complete wipes out that 1.3 million immediately. Than the billing becomes a liability.
 
The money is where the Plotkin game stop trader guy hid his 800 million in profits in 2020. He lives in Miami.

Yet when he was down 2 billion in early 2021. Plokin didn’t want to use any of his own money to try to cover the financial losses.

That’s where the anesthesia money is.

The group collects the profits. Pays it out and leaves the business account with very little left to pay others. No one will take their other personal money to pay out business liabilities.

It’s simple business strategy

Now whether they borrowed money to meet payroll. I don’t know. Many troubled anesthesia company have borrowed money (anywhere between 1-10 million and in today’s market at 10% interest rate to cover payroll. It’s a death spiral for these trouble anesthesia groups.

That’s why I’m hesitant to take over a surgery center and be responsible for billing collections. 2 have offered me a guaranteed 1-1-1.3 million subsidy/guranteed to staff 2-3 Or rooms.

3 crnas and and MD plus vacation coverage complete wipes out that 1.3 million immediately. Than the billing becomes a liability.


1-1.3 mil subsidy from the ASC on top of your own collections might be workable. A 1.3 mil collections guarantee is not enough.
 
1-1.3 mil subsidy from the ASC on top of your own collections might be workable. A 1.3 mil collections guarantee is not enough.
Correct. The 1.3 million guarantee isn’t enough.

It will likely come out to around 50k a month after expenses per anesthesia doc. Nothing to sneeze about. But I’m looking at or room utilization and it’s down to 2 OR by 12pm most days so wasting a 3rd room with crna who wants 8 hr gurantee a themselves.
 
The money is where the Plotkin game stop trader guy hid his 800 million in profits in 2020. He lives in Miami.

Yet when he was down 2 billion in early 2021. Plokin didn’t want to use any of his own money to try to cover the financial losses.

That’s where the anesthesia money is.

The group collects the profits. Pays it out and leaves the business account with very little left to pay others. No one will take their other personal money to pay out business liabilities.

It’s simple business strategy

Now whether they borrowed money to meet payroll. I don’t know. Many troubled anesthesia company have borrowed money (anywhere between 1-10 million and in today’s market at 10% interest rate to cover payroll. It’s a death spiral for these trouble anesthesia groups.

That’s why I’m hesitant to take over a surgery center and be responsible for billing collections. 2 have offered me a guaranteed 1-1-1.3 million subsidy/guranteed to staff 2-3 Or rooms.

3 crnas and and MD plus vacation coverage complete wipes out that 1.3 million immediately. Than the billing becomes a liability.


So Drs. Meli and Kolbert are somehow associated with Plotkin? Or they hid the money like Plotkin?


 
So Drs. Meli and Kolbert are somehow associated with Plotkin? Or they hid the money like Plotkin?


These guys are low level.

Unfortunately the big fish rarely get nailed. They escape on technicality of cases.

Anesco is like any small anesthesia company that thinks it’s bigger than it really is.

What they really needed to do is go week to week contract to bring broward health to their knees. But they even failed at that.
 
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