Patel Offers to Take Over Universal Health Care
Dr. Kiran Patel of Tampa, who already has two small but fast-growing Medicare HMOs, said he has offered to take over Universal Health Care, a financially-troubled company based in St. Petersburg. While...
View ArticleUniversal Overstated Assets, State Says; CEO Resigns Political Post
Universal Health Care executives overstated assets and submitted "misleading financial statements" to the state and a major creditor, according to state documents released Thursday by the Office of...
View ArticleJudge Orders Universal into State Receivership
A bankrupt Medicare plan based in St. Petersburg will be turned over to the State of Florida's Division of Financial Services by April 1 under an order issued Thursday by a circuit court judge in...
View ArticleWhat Universal HMO Customers Need to Do
Nearly half of Universal Health Care customers -- those enrolled in one of Universal's Medicare plans -- need to act immediately if they want to protect themselves from the possibility of unexpected...
View ArticleDr. Desai Soared -- Then Shot Himself Down
Dr. Akshay "A.K." Desai borrowed tens of millions of dollars from friends and other investors and quickly built a group of interlocking companies that took in more than $1 billion last year from...
View ArticleBankruptcy Trustee Named for Universal Health
A Fort Lauderdale CPA has been named bankruptcy trustee for St. Petersburg-based Universal Health Care Group Inc., the parent corporation of two health plans that were placed in liquidation by the...
View ArticleTheir Only Option: Universal Health Care Gains Traction In Free Clinic Community
Donald Trump came into office promising to repeal Obamacare and replace it with something more affordable that would cover everyone. But members of congress couldn't agree on what that should be.
View ArticleOnce Its Greatest Foes, Doctors Are Embracing Single-Payer
When the American Medical Association — one of the nation’s most powerful health care groups — met in Chicago this June, its medical student caucus seized an opportunity for change.
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