Credibility of Former Haven CEO, State Questioned

Jamie Mason discusses the Haven Heathcare fiasco and allegations that former CEO Ray Termini and/or others siphoned Medicaid money for personal use. "There are many credibility problems to go around, between Termini and the state. Termini says he profited from Haven's nonregulated operations. Eighty percent of Haven's revenue, however, is derived from Medicaid reimbursements. Haven had to file cost reports on Sept. 30 of every year to the Connecticut Department of Social Services, which identifies every penny spent and what the Medicaid money went for. Yet the state is now trying to figure out what the money bought and whether Termini used it for his personal use." Read more.