Pennsylvania Seeking Medical Supplies From Hospital Driven Into Financial Ruin by Venture Linked to

[rangerrebew]

Pennsylvania Seeking Medical Supplies From Hospital Driven Into Financial Ruin by Venture Linked to Biden’s Brother


Alana Goodman - April 9, 2020 5:00 AM

Pennsylvania officials are seeking access to critical medical supplies and equipment from an abandoned rural hospital at the center of a fraud scandal involving Joe Biden's brother, James Biden.

Ellwood City Medical Center in Pennsylvania, which is currently controlled by a court-appointed bankruptcy trustee, was one of a string of rural hospitals owned by and driven into financial ruin by Americore Health, a business venture linked to James Biden.

In late January, FBI officials raided the Ellwood City Medical Center and the home of Americore CEO Grant White as part of an ongoing criminal investigation, according to court records.

https://freebeacon.com/2020-election/pennsylvania-seeking-medical-supplies-from-hospital-driven-into-financial-ruin-by-venture-linked-to-bidens-brother/

[Applewood]

Exactly what is James Biden's link to the company that ruined Ellwood City Medical Center?  The article doesn't say and none of our local media outlets have ever mentioned it.  (Wonder why?)

But as to taking whatever the state can use -- I'm ok with that; after all, the hospital is closed and there is no reason to just let the supplies and equipment sit idle when they could be used during this crisis.  Just so the equipment and supplies don't go out of state or worse, out of the country.

[DB]

Exactly what is James Biden's link to the company that ruined Ellwood City Medical Center?  The article doesn't say and none of our local media outlets have ever mentioned it.  (Wonder why?)

But as to taking whatever the state can use -- I'm ok with that; after all, the hospital is closed and there is no reason to just let the supplies and equipment sit idle when they could be used during this crisis.  Just so the equipment and supplies don't go out of state or worse, out of the country.

Well at a minimum there's needs to be an accounting for what is taken. The equipment and supplies belongs to someone that should be compensated for what is taken.

[PeteS in CA]

Exactly what is James Biden's link to the company that ruined Ellwood City Medical Center?  The article doesn't say and none of our local media outlets have ever mentioned it.  (Wonder why?)
...

From the article linked in http://www.gopbriefingroom.com/index.php/topic,392144.0.html , https://www.realclearinvestigations.com/articles/2020/02/17/federal_probe_for_james_biden-tied_firm__122447.html

FBI Raids James Biden-Tied Business

FBI agents last month raided the home of the CEO of a bankrupt hospital chain and one of its hospitals in Pennsylvania in new signs of trouble for a company central to accusations of influence-peddling by James Biden, brother of former Vice President Joe Biden.

The federal investigation was disclosed in documents filed this month by the acting U.S. trustee overseeing the bankruptcy case of Florida-based Americore Holdings, which is in the business of acquiring and managing rural hospitals.
...
The federal trustee’s filing did not mention the younger brother of the current Democratic presidential candidate. This past summer, however, James Biden and White were named in a lawsuit alleging fraud, along with Biden’s partner, hedge fund manager Michael Lewitt. The lawsuit, filed by Tennessee businessman Michael Frey and his partner Dr. Mohannad Azzam, owners of Diverse Medical Management, also named Amer Rustom, another investor in Americore along with Biden and Lewitt.

The lawsuit alleges that James Biden had a prominent role in the company. One exhibit filed in the lawsuit is a photograph of an Americore business card that Biden reportedly handed out listing him as a “principal” in the company.

Frey alleges that when Diverse Medical Management and Americore were in talks to merge, Jim Biden promised to exploit his brother’s political influence as vice president to attract international investors and make the venture successful.