Gforcetrivers
12 pointer
Never Shamed...Ever. It was the possibility also not just audit but further government meddling. Impressed that it seems you did read the article however. They also said they had funding from other sources whatever that means. I dont think this is a good example for your argument. I will bet that they took the 48k or whatever per patient they accepted.This was on the first page from searching for Provider Relief Fund.
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‘Public Shaming,’ Audit Concerns Prompt Encompass Health to Return $237M in CARES Act Funding
Encompass Health Corporation (NYSE: EHC) has returned the $237 million in emergency provider relief it received from the Department of Health and Humanhomehealthcarenews.com
Finally, Encompass Health officials took concern with the attestation required to accept the funds, saying it was too open-ended for their liking. Specifically, they worried about the government being able to add additional terms and conditions for providers even after they’ve accepted the funds.
Beyond that, it came down to an issue of reputation, with company leaders citing concerns that lawmakers in a post-coronavirus world could regret deploying the funds to certain organizations.
“You may find yourself, as a publicly traded company … on a public shaming list,” Coltharp said. “That was just a risk that … we did not believe was in the best interest of our shareholders.”