Thursday, February 9, 2006

Smoke II

Well, this time PRMC came out of the closet. The Paris News put out a somewhat confusing article today. What it seems to boil down to: Essent wanted an audit. Their auditors conducted a partial one. When they wanted to come back, the Radiology Center said they had to pay, up front, for the costs associated with the audit (personnel, overtime, etc.) They were not willing to do so, in turn, they issued findings based on an incomplete audit and commenced a lawsuit.
What is funny about this: they are suing themselves. They own a partial interest in the MRI. What is not so funny: it eats up time, and money.
Do you think that the money for both sides appears out of thin air? If so, it disappeared from our pockets. I am sure that Essent, out of the goodness of their heart, will absorb the costs, and "Hud" will just apply the normal $5,000 he donates to candidates and Political Action Committees (yep, "PACs". See why this gets confusing?) per year, to the lawsuit. Likewise, I am sure that "T" and the co-defendants are going to pull out pocket change and handle it. Yeah, r-i-g-h-t.

It hurts the community, because we all pay for it. The only ones that are getting rich off of this are the lawyers.

You have to follow the money, however, and Essent has never claimed altruism as a fault. It still comes back to the imaging money and getting rid of competition. I still think they want to be the last man standing, and the smoke has yet to clear....

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