Kiran C Patel | |
|---|---|
 Patel at IIFA (2014) | |
| Born | 1949 (age 74–75) |
| Other names | Dr. K |
| Citizenship | American |
| Occupation(s) | Cardiologist, businessman |
| Spouse | Pallavi Patel |
| Children | 3 |
| Parent |
|
Kiran C. Patel (born 1949) is a Zambian Indian American philanthropist, serial entrepreneur, hotelier and cardiologist. [1]
Patel was born in Zambia in 1949 to a Hindu Gujarati Indian family. He got his primary education under the British educational system in Zambia and earned diplomas from Cambridge University and the University of London. Patel attended medical school in India at Gujarat University [1] and completed his internship in Africa. In 1976, he moved to the United States. Patel did his residency in internal medicine in New Jersey in 1980, and completed a fellowship in the cardiology program affiliated with Columbia University of New York in 1982.
After moving to Tampa, Florida in 1982, Patel began his practice as a cardiologist. [2] In 1985, he started a physicians practice ownership and management company, which quickly expanded to 14 practices including family medicine, internal medicine, pediatrics and cardiology. In 1992, Patel became chairman of the board of Well Care HMO, INC. which under his leadership became this 5th largest Medicaid HMO in the United States. In 1999, he acquired 55% of Kingston N.Y.-based WellCare Management Group Inc, which managed two HMO's in Connecticut and New York. In 2002, he sold majority share in the WellCare Management Group, at which point WellCare Management was providing services to over 400,000 members. In 2007, Patel started a new insurance holding company called America's 1st Choice Holdings of Florida and acquired two Tampa Bay based Medicare Advantage Health Plans, Freedom Health and Optimum Health. He grew these companies to over 115,000 members and over $1 billion in revenue, at which point he sold to Anthem in April 2019. [3] [4] [5]
In 2018, Patel invested $60 million in the medical device company Concept Medical. [6] He committed to gift $50 million and an additional $150 million towards real estate and facility expansion in the medical education complex that will be part of NSU’s Tampa Bay Regional Campus, in Clearwater. [7]
In 1992, Patel bought Well Care HMO, Inc. (Well Care) for approximately $5 million. He sold the company a decade later in 2002 for $200 million. [8]
In 2007, he purchased Freedom Health and Optimum Healthcare Inc.
In 2017, he sold his second insurance company — America’s 1st Choice (including Freedom Health and Optimum Healthcare) to Anthem Inc. for an undisclosed amount. [8]
On 17 August 2009, a whistleblower filed a complaint with the district court in Tampa, alleging that Freedom was manipulating enrollment rolls. Patel and his brother Rupesh Shah were among the named defendants. The complaint also alleged that Freedom was engaging in service-area-expansion fraud — misrepresenting the number of health-care providers in its network in certain counties so that it could expand the areas in which it offered Medicare Advantage. [9] Once the investigation was announced, Patel told employees "not to destroy documents or other evidence" in an emergency meeting.
New Yorker article further reports, "In 2016, seven years after Darren Sewell filed his case, the Justice Department informed Inman that it would join the suit. In May 2017, after months of difficult negotiations, Freedom settled charges that it had violated the False Claims Act and agreed to pay $31.7 million. Freedom's former chief operating officer, Sidd Pagidipati, paid seven hundred and fifty thousand dollars to settle charges related to his role in the alleged service-area-expansion fraud. Neither admitted liability. [10]
In 2019, Patel was given the Pravasi Bharatiya Samman by the government of India. [11] In January 2019, the Clearwater City Council issued a resolution to rename Damascus Road as Dr. Kiran C. Patel Boulevard in recognition of Patel's contribution to Nova Southeastern University's Tampa Bay Regional Campus. [12]
Patel has supported multiple groups through charitable donations:
Patel is married to pediatrician Pallavi Patel. [27] [28] They have two daughters and one son, Shilen Patel with whom he jointly purchased English football (soccer) club West Bromwich Albion. Shilen now serves as Chairman of the club. [16] [29]
Patel developed vitiligo in 2002. He is not seeking treatment for the condition. [30]
Clearwater is a city and the county seat of Pinellas County, Florida, United States, west of Tampa and north of St. Petersburg. To the west of Clearwater lies the Gulf of Mexico and to the southeast lies Tampa Bay. As of the 2020 census, the city had a population of 117,292. It is the smallest of the three principal cities in the Tampa–St. Petersburg–Clearwater metropolitan area, most commonly referred to as the Tampa Bay area.
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Nova Southeastern University (NSU) is a private research university with its main campus in Fort Lauderdale-Davie, Florida, United States, in the Miami metropolitan area. The university consists of 14 total colleges, offering over 150 programs of study. The university offers professional degrees in the social sciences, law, business, osteopathic medicine (DO), allopathic medicine (MD), health sciences, pharmacy, dentistry, optometry, physical therapy, education, occupational therapy, and nursing. As of 2019, 20,576 students were enrolled at Nova Southeastern University, with more than 210,000 alumni. With a main campus located on 314 acres in Davie, Florida, NSU operates additional campuses in Dania Beach and Tampa-Clearwater, and other locations throughout the state of Florida, as well as in San Juan, Puerto Rico and Denver, Colorado.
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WellCare Health Plans, Inc. is an American health insurance company that provides managed care services primarily through Medicaid, Medicare Advantage and Medicare Prescription Drug plans for members across the United States.
Nova Southeastern University Dr. Kiran C. Patel College of Osteopathic Medicine (NSU-KPCOM) is a private medical school in Davie, Florida. It is an academic division of Nova Southeastern University. The college was founded in 1981 as the only osteopathic medical school located in the Southeastern United States at the time. It confers the Doctor of Osteopathic Medicine degree and is accredited by the American Osteopathic Association's Commission on Osteopathic College Accreditation.
Johns Hopkins All Children's Hospital, formerly All Children's Hospital, is a pediatric acute care children's hospital located in St. Petersburg, Florida. The hospital has 259 beds and is affiliated with the USF Morsani College of Medicine and Johns Hopkins University School of Medicine. The hospital provides comprehensive pediatric specialties and subspecialties to pediatric patients aged 0–21 throughout western Florida. Johns Hopkins All Children's Hospital also features a Level 2 Pediatric Trauma Center.
The Dr. Kiran C. Patel Center for Global Solutions is a research center based at the University of South Florida in Tampa, Florida. The Patel Center's main goals are to identify challenges in the developing world and find viable solutions to those problems, particularly issues related to potable water and sanitation, urbanization and migration, and sustainable activities.
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Ariel David Soffer is an American cardiologist and professor. He is board-certified in cardiovascular disease and internal medicine and is a fellow of the American College of Cardiology.
Nova Southeastern University Dr. Kiran C. Patel College of Allopathic Medicine (NSU MD) is a private, not-for-profit, medical school in Davie, Florida. The medical school was founded in 2018 and became Florida's 8th, and the nation's 148th, fully-accredited medical school in 2023.
Shilen Patel is an American businessman, majority shareholder and chairman of English association football club West Bromwich Albion who play in the Championship.