Biden’s New Chief Of Staff, Jeff Zients, Linked To Allegations Of Fraud And Questionable Business Practices

-Zients most recently served in the Biden White House from the president’s inauguration until April of 2022 as Coronavirus Response Coordinator.

-Zients was involved in the leadership of several healthcare companies that were forced to pay millions of dollars in fines for alleged Medicare and Medicaid fraud

-In 2015, Portfolio Logic — an investment firm founded by Zients that had an ownership stake in PSA Healthcare (a company he owned)— was forced to pay $6.88 million by the Justice Department (DOJ) for defrauding Medicare and Medicaid and violating state regulations for payment claims.

-Amedisys Home Health Companies, another huge healthcare provider that Portfolio Logic owned a stake in, settled with the DOJ for $150 million in 2014 for Medicare fraud, the American Prospect reported

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-Zients helped start Wall Street investment firm Cranemere. Cranemere acquired several healthcare companies accused of engaging in surprise billing practices and medical malpractice, like NorthStar, which has a reputation for surprising patients with huge bills for “out of network” healthcare

h/t Doctor Congo


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