Fraud Exposed: City Has No Records to Support Claim of $78M In "Wind Down" Costs

[kate e parker]

You must be jealous of Mr. Essi kate.

surely I must.

should I repeat that in all caps?

SURELY I MUST.

but hey since we're talking...what is your plan for the hospital, Fitzgibbons? don't look at essi for the answer just give your own assessment. what now? I mean, you've been involved for like a month now, right? you must have the answer as to who will run the hospital.

don't you?

[Jim Kenny]

mbuckley: Nice try. You found all the words that Brian tightly framed in quotations in various posts, yet didn't find any actual quotes that he uses. His abuses of context is the problem and makes it challenging to separate facts from fiction.

[kate e parker]

mbuckley: Nice try. You found all the words that Brian tightly framed in quotations in various posts, yet didn't find any actual quotes that he uses. His abuses of context is the problem and makes it challenging to separate facts from fiction.

essi, will read this post before he ALL CAPS three other posts.

answer the question, essi. what will happen to the hospital? who will run it?

start any thread that you desire. but every one of those threads will call for you to answer that basic question.

who will run it?

[kate e parker]

mbuckley: Nice try. You found all the words that Brian tightly framed in quotations in various posts, yet didn't find any actual quotes that he uses. His abuses of context is the problem and makes it challenging to separate facts from fiction.

buckley can only parrot essi.

you expect too much.

[Bill Call]

mbuckley: Nice try. You found all the words that Brian tightly framed in quotations in various posts, yet didn't find any actual quotes that he uses. His abuses of context is the problem and makes it challenging to separate facts from fiction.

essi, will read this post before he ALL CAPS three other posts.

answer the question, essi. what will happen to the hospital? who will run it?

start any thread that you desire. but every one of those threads will call for you to answer that basic question.

who will run it?

Well for starters the Clinic had an obligation to run it until 2026 and maintain it in" substantially the same condition .. as an on going concern". According to the original lease and operating agreement all of the assets of the Lakewood Hospital Foundation were the property of the City of Lakewood and to be returned to the City at the end of the lease term. The book value of those assets were about $135 million at the end of 2014. What does the City get for those assets? Virtually nothing.

So...

Lakewood had a profitable hospital with about $140 million in revenue with 150,000 patient visits per year with a net book value of about $135 million.

We know that Metro was interested in a "purchase, lease, operating agreement or other arrangement" with Lakewood. They even named their negotiating team. The Mayor refused to respond. (Not only that he lied about the existence of the proposal and refused to provide the proposal until forced to do so. Why?)

We know that other hospital systems were interested because they privately indicated their interest. The Mayor refused to issue a Request For Proposal to market the Hospital. We know that the Clinic was certain there was interest because they refused to grant a release allowing others to bid on Lakewood Hospital.

Other operators were told by the Clinic that they would be sued if they interfered. Are you surprised that they refuse to come out publically with a proposal when they knew the Mayor was not interested and they know the Clinic will sue if they do express an interest?

That Hospital provided 1,500 direct and indirect jobs in Lakewood and produced millions in economic activity. What will replace it?

Even though the Mayor has been working on this plan for at least five years he still doesn't know. The $120 million in new investment is just another lie.

If the truth is so wonderful why do they have to lie?

Are you even a little bit curious?

Was it fraud when the Lakewood Hospital Foundation raised money for the Vision for Tomorrow when they knew that money was to be spent on Clinic expansion in Avon?

Was it fraud when the City engaged in a sham bidding process?

Was it fraud when the Cleveland Clinic promised major investments in Lakewood Hospital in exchange for changes in the original lease when they knew those investments would never be made?

Are you even a little bit curious?

[james fitzgibbons]

I am sorry Jim Kenny your words have no facts or substance as I have seen here, can you say anything about the scam hospital deal that rings true? I have been waiting but you have disappointed me. What am I talking about? I am talking about so many things that have been presented on these pages that surely proves [ in my opinion ] what has transpired with the decanting, dismantling and stealing of Lakewood Hospital. Can you say anything relevant besides twisting words? Can you prove that it was a good deal? In my opinion the citizens of Lakewood have been cheated. Prove me wrong many are waiting. I think I hear something hovering above me. Oh No its the Thought Police! Please Help Me!

you are a little late to the game dontcha think, Fitzgibbons? SLH could have used your "yeah, what he said" months ago. i'm sure your voice would have tipped the scales if only you were brave enough to have spoken up before November.

I'll pose the question for you too, fitzgibbons...what is your plan to make Lakewood hospital viable again?

DEFEAT THE NON COMPETE DEFEAT THE NON COMPETE DEFEAT THE NON COMPETE DEFEAT THE NON COMPETE

[Brian Essi]

Bill Call,

Thanks for your succinct factual synopsis.

While the discussion above exposes Build Lakewood's claims as frivolous, I would like to get back to the singular focus of this thread--namely the $78M claim.

The recent revelations concerning the flimsiness of the $78M claim (the revelations came long after the December 21, 2015 7-0 vote) puts City Council (Summers and Build Lakewood) in a precarious spot for the aftermath of next Monday's vote to not repeal the deal. They have two basic choices:

1. Defend the $78M Claim. If they stand by that claim and Summers' claim that CCF would only pay $12M of the $78, then City Hall/Build Lakewood need to explain why they are allowing CCF to control over spending $66M of taxpayer money to close the hospital--all without a public bid process. They can't explain it because it simply makes no sense. For example, Jim Kenny is twisting in the wind and hasn't a clue how to face facts.

OR

2. Admit that the $78M Claim Was a Fraud. This means that the fundamental economics of the Master Agreement are based upon a completely false premise---it proves what I have been saying--its a $70M giveaway.

So, as JOB has wisely pointed out, it would seem that Mr. Kenny's use of the words "Council's vote has sealed fate" are most ironic.

In other words, Council sealed its own fate by a 7-0 vote last December, and Butler and Summers are laughing at them.

They operated in the Black Box of executive session and accepting the "words" of "people in the room" with "expertise" without any public deliberation, questioning or explanation of wind down expenses--- that none of them can explain the wind down expenses is a function of them not trusting the people they represent with information as to what was going on in the Black Box---I submit that Council has indeed sealed its fate.

Council has not only chosen to divide from its people, it has separated itself for the truth--if they can't change course and turn toward the light, they are sticking the knife in deeper and deeper---this is not healing. It is exactly the opposite of healing and moving forward. It is backward thinking.

“We can't solve problems by using the same kind of thinking we used when we created them.”
Albert Einstein

[ryan costa]

It was an accounting joke about $78 million in "Wind Down" costs.

Are they trying to bill you for accumulated depreciation on all the equipment they are moving to Avon?

I thought that you hated dodging questions, essi?

you were bullied as a child weren't you?

Hi Kate

Not really sure who the question was addressed to or what the question means. Ryan can you elaborate?

[Brian Essi]

Ryan,

Thanks for clarification. Now I see the humor.

[Bill Call]

The $78 million in wind down costs were a complete fabrication; much like the "losses" of Lakewood Hospital and the "health care is changing" meme.

If the truth is so wonderful why do they have to lie?