Age, Biography and Wiki
Kiran C Patel was born on 1949 in Zambia, is a businessman. Discover Kiran C Patel's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is He in this year and how He spends money? Also learn how He earned most of networth at the age of 74 years old?
Popular As |
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Occupation |
Cardiologist, businessman |
Age |
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Born |
1949 |
Birthday |
1949 |
Birthplace |
Zambia |
Nationality |
Zambia |
We recommend you to check the complete list of Famous People born on 1949.
He is a member of famous businessman with the age years old group.
Kiran C Patel Height, Weight & Measurements
At years old, Kiran C Patel height not available right now. We will update Kiran C Patel's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.
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Not Available |
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Not Available |
Who Is Kiran C Patel's Wife?
His wife is Pallavi Patel
Family |
Parents |
Not Available |
Wife |
Pallavi Patel |
Sibling |
Not Available |
Children |
3 |
Kiran C Patel Net Worth
His net worth has been growing significantly in 2022-2023. So, how much is Kiran C Patel worth at the age of years old? Kiran C Patel’s income source is mostly from being a successful businessman. He is from Zambia. We have estimated
Kiran C Patel's net worth
, money, salary, income, and assets.
Net Worth in 2023 |
$1 Million - $5 Million |
Salary in 2023 |
Under Review |
Net Worth in 2022 |
Pending |
Salary in 2022 |
Under Review |
House |
Not Available |
Cars |
Not Available |
Source of Income |
businessman |
Kiran C Patel Social Network
Instagram |
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Timeline
In 2019, Patel was given the Pravasi Bharatiya Samman by the government of India. 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.
In 2018, Patel invested $60 million in the medical device company Concept Medical. 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.
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.
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.
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. Once the investigation was announced, Patel told employees "not to destroy documents or other evidence" in an emergency meeting.
In 2007 he purchased Freedom Health and Optimum Healthcare Inc.
Patel developed vitiligo in 2002. He is not seeking treatment for the condition.
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.
After moving to Tampa, Florida in 1982, Patel began his practice as a cardiologist. 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.
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 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.