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Healthcare Founder | 3 exits | 5 companies | USMC | The Rojas Report | PhyCap VC - GP

Jun 5, 10 tweets

๐’๐‡๐Ž๐๐โ€”๐‡๐จ๐ฐ ๐’๐ญ๐š๐ญ๐ž๐ฌ ๐๐ซ๐ข๐ง๐ญ ๐š๐ค๐š ๐‘๐ˆ๐๐Ž๐…๐… ๐“๐š๐ฑ ๐๐š๐ฒ๐ž๐ซ๐ฌ ๐”๐ง๐๐ž๐ซ ๐ญ๐ก๐ž ๐†๐ฎ๐ข๐ฌ๐ž ๐จ๐Ÿ ๐Œ๐ž๐๐ข๐œ๐š๐ข๐

The most elegant heist in modern American historyโ€”and almost no one in Congress can explain it.

Letโ€™s dissect this scheme the way youโ€™d dissect any imperial fraud:
With facts, flow, and a little fire.

A Thread...๐Ÿงต

Imagine a 17th-century monarchy so broke it begins taxing its own nobilityโ€ฆ
Only to send the money back with royal interest, using a fake charity as cover.

Thatโ€™s SHOPP. Supplemental Hospital Offset Payment Program

A fake tax, a fake payment, and real federal cash.
1/

Bookmark this.
You wonโ€™t hear it in committee hearings.

This isnโ€™t good policy or reform.
Itโ€™s racket wrapped in a series of lies.

And the people profiting?
Theyโ€™re not on your side.

The virtue-signalers.
The academic frauds.
The bipartisan swamp.

They all eat while patients wait.

Follow @DutchRojas if youโ€™re done playing dumb.
This thread is your permission to stop pretending.
2/

๐‡๐ž๐ซ๐žโ€™๐ฌ ๐ก๐จ๐ฐ ๐ญ๐ก๐ž ๐ฌ๐ก๐ž๐ฅ๐ฅ ๐ ๐š๐ฆ๐ž ๐ซ๐ฎ๐ง๐ฌ:

โ€ขHealth Systems โ€œdonateโ€ money to the state (this is the โ€œtaxโ€)
โ€ขThe state labels it as a Medicaid provider payment
โ€ขThat triggers a federal match (up to 2:1 or more)
โ€ขThe state sends the bloated payment right back to the same hospitals
โ€ขThe hospitals get more than they gave
โ€ขThe state keeps the spread

๐“๐ก๐ข๐ฌ ๐ข๐ฌ๐งโ€™๐ญ ๐ก๐ž๐š๐ฅ๐ญ๐ก๐œ๐š๐ซ๐ž.
๐ˆ๐ญโ€™๐ฌ ๐ก๐ข๐ ๐ก-๐Ÿ๐ซ๐ž๐ช๐ฎ๐ž๐ง๐œ๐ฒ ๐Œ๐ž๐๐ข๐œ๐š๐ข๐ ๐š๐ซ๐›๐ข๐ญ๐ซ๐š๐ ๐ž.
3/

๐˜๐จ๐ฎโ€™๐ ๐ญ๐ก๐ข๐ง๐ค ๐š ๐ฌ๐œ๐š๐ฆ ๐ญ๐ก๐ข๐ฌ ๐›๐จ๐ฅ๐ ๐ฐ๐จ๐ฎ๐ฅ๐ ๐›๐ž ๐œ๐จ๐ง๐ญ๐ซ๐จ๐ฏ๐ž๐ซ๐ฌ๐ข๐š๐ฅ.

But 49 out of 50 U.S. Senators couldnโ€™t explain what SHOPP even is.
Most donโ€™t know it exists.

The rest are funded by the same health systems that profit from it.

Weโ€™re not witnessing ignorance.
Weโ€™re witnessing institutional capture.
4/

Letโ€™s talk scale:

โ€ขOklahoma SHOPP = $1.4B

โ€ขTexas variant = $5B+

โ€ขCaliforniaโ€™s Medicaid tax loop = $9B+

โ€ขFlorida, New York, Illinois = similar stories

In total, tens of billions in synthetic Medicaid spendingโ€”recycled through state books to unlock a federal ATM.

Yes, Taxpayers are paying 2x for the same.
Once via State income tax and again Federal tax.
5/

And where does it go?

Not to patients.
Not to outcomes.
Not to rural physicians.

It goes to:

โ€ขLobbyists
โ€ขBondholders
โ€ขConstruction projects
โ€ขExecutive bonuses
โ€ขAnd โ€œnonprofitโ€ systems that behave like sovereign hedge funds

6/

And whoโ€™s left out?

โ€ขIndependent physicians: no facility, no bonus
โ€ขClinics and ASCs: blocked by policy
โ€ขPatients: fewer options, longer waits
โ€ขTaxpayers: footing the bill for corporate welfare

This isnโ€™t a public health program.
Itโ€™s a capital market subsidized by the federal government, cleverly disguised as Medicaid.
7/

This is not accidental. Itโ€™s engineered.

Medicaid is now the largest source of bonus cash for U.S. health systems.
But only if you play the game at scale.

If youโ€™re small, ethical, or independent?
You get scraps.

Thatโ€™s not a market.
Thatโ€™s a protection racket.

This is how empires collapse.

Not from war.
From internal theft disguised as benevolence.

RT this thread.
Tag a Senator.
Ask them what SHOPP is.
Watch them fumble.

@DutchRojas

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