Bombshell Report Reveals Biden's Brother Used His Name in Dealings With Failed Hospital Chain
By Jeff Charles | 4:45 PM on February 18, 2024
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A bombshell report has brought to light more details about Jim Biden, the brother of President Joe Biden, and his ill-fated relationship with the failed hospital chain Americore. Apparently, Jim Biden was more involved with the allegedly corrupt enterprise than was previously reported and was more than happy to use the president’s name to advance his business interests.
Politico published a lengthy report detailing the maneuverings of Jim Biden’s intricate network of partners and shady characters. It describes how he used his familial connection to President Biden to establish his business and political credentials. The result was a wake of chaos in rural communities who were left without health care after being promised a critical expansion of services for those who desperately needed them.
For then 67-year-old Jim Biden, the third of four Biden siblings, his ties to his older brother made up much of his pitch as he pursued deals that could help Americore make money from drug rehab, lab testing and even cancer treatment.
The report suggests that Jim often name-dropped his powerful brother to appeal to potential business partners. In one instance, he emailed the CEO of a Tampa-based health care firm called Medicus, noting that his platform would be “perfect” to “expose my Brothers team to [your] protocol.”
But it was Jim’s eventual partnership with Americore that raised a series of concerns. Using his brother’s name, he managed to shimmy his way into a lucrative business deal with the company whose goal was to buy struggling hospitals in rural areas and employ a business model that would allow them to better serve their communities.
Jim Biden spoke of plans to give his brother equity in Americore, according to one former Americore executive, and install him on its board, according to a second. He also said that if Americore could find a winning business model for rural health care, his brother could promote the company in a future presidential campaign, a third former executive told POLITICO.
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READ MORE: https://redstate.com/jeffc/2024/02/18/bombshell-report-reveals-bidens-brother-used-his-name-in-dealings-with-failed-hospital-chain-n2170301
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