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Lawsuit: WellCare delays Medicare, Medicaid reimbursement to hospital chain to hike profits

By Tampa Bay Times  
   March 16, 2017

Managed-care provider WellCare Health Plans is accused in a lawsuit of delaying Medicare and Medicaid reimbursement to Kindred Hospitals East in order to invest that money and earn a fatter profit. The lawsuit comes at a time when Tampa-based WellCare is enjoying remarkable growth in both its profit and stock price.

 

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