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Hollern failed to set them up in practice and they want out of the contracts. However, he is reportedly demanding that they pay back the $2500.00 per month salary they were paid while they were in Louisville because they received his “special knowledge”. If the contracts are asset purchase agreements and not contracts for tuition, could he really make them pay? Since they did not receive a building, practice and equipment it sounds like tuition to me. Interestingly, Hollern sent the doctors trained in Louisville a tax form and insisted that they report their $2500.00 monthly salary as income. This is odd as the salary is detailed in the contracts as a loan to be paid back. I do not believe it is appropriate to pay tax on a loan as income. Hollern wants to write their $2500.00 monthly amount off as employee salaries and be paid the salary back with interest. The Hollern contracts are for $395,000.00 plus the return of the $2500.00 monthly salaries for the months received, plus the price of equipment, plus the cost of office build out, plus expenses incurred while getting the practice into profit. Once the practice is in profit the doctor running (buying) the practice keeps 60% and Hollern receives 40% of the profit. This continues until Hollern is paid off. This shows that Hollern has a greater than 5% interest as mentioned earlier under Medicare violations. Hollern wants to charge for tuition but not call it that so he does not have to comply with state education law. He wants to keep my name on the practice and tell patients that they can see me at the practice, yet threaten to have me arrested for coming on the property. He wants to tell everyone that he doubled my practice, yet complain that by not allowing him to use my license I stole from him and Stapleton and hurt the practice. He wants third party payers to pay for services rendered to their insured by unapproved/uncredentialed student doctors, pay the doctors $2500.00 per month for their work, record the $2500.00 as salaries for his tax purposes and then get the money back with interest as tuition for his “special knowledge”. The student’s hard work in his training facilities generate income for Hollern, he get their salaries back with interest and takes it off his taxes. For years patients have simply been lab rats to Hollern for training students and for his profit. Third party payers and their insured are funding Hollern’s get rich scheme. Third party payers have credentialing processes in order to assure that the providers they recommend are safe and reputable. They even require minimum amounts of general liability and malpractice coverage. They do not want to take a chance that a patient will be harmed in any way and part of the liability will revert back to them. By lying to the carriers during credentialing and subjecting their insured to evaluation, diagnosis and treatment by uncredentialed/unlicensed practitioners, Hollern has placed himself, his students and the carriers to possible legal action. This is especially true if patients who discover they have been video taped without their knowledge ban together and file class action suits against Hollern and the carriers that certified his credentialing/offices for violation of their privacy. Page 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20
Download Printable Version Editor's Note: Those doctors who would like more information about this complaint may contact Dr. Miller through ChiroWeb at DrMiller@DCMedia.com. Go to the Acrobat Reader download page by clicking on this logo!
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