The CHT was an early promoter of Health IT, but as the members of the GOP quit learning and become more digitally illiterate so when the group. Did they go bankrupt because Newt left to run for office? Some seem to think so and maybe their top money generator was gone. My favorite Newt story was the doctor scam and it was funny as an MD wrote in here to the Quack and told me all about it in the comments of the post below.
Old Newt did his one big promotion on how paper kills which was good but then it was downhill from there. I said back in the summer of 2010 that he had no clue. He can’t talk math except when it comes to raising money it seems and again after the one speech there’s was nothing else to hear as he truly lives in the past. This is about the time I really started talking about the math and formulas in healthcare and I still do today and call those on the carpet who have to go back to default topics like abortions.
My personal opinion, he grew dumb as he did not keep up with the times and way back in his career he had a listening ear but as technology moved in he just flat out didn’t keep up and worked on raising money, mostly for Newt. BD
The Gingrich Group, which includes Newt Gingrich's think tank, the Center for Health Transformation (CHT), has filed for Chapter 7 bankruptcy. Gingrich severed ties with CHT when he began seeking the Republican presidential nomination in May 2011, and a Gingrich campaign spokesman told the Wall Street Journal that CHT's bankruptcy is a result of its founder's departure.
Last November, The Washington Post reported that CHT had collected $37 million from member healthcare and insurance companies between 2003 and 2011. CHT charged participating firms as much as $200,000 each, the Post said. Among the biggest sponsors were AstraZeneca, Merck, Novo Nordisk, BlueCross BlueShield Association, and UnitedHealth Group.