* The gist of a new Greg Hinz piece…
a company [Bruce Rauner] partly owned and on whose board he served just happened to make 11 contributions to Mr. Stroger’s campaign fund and to the Strogers’ 8th Ward Regular Democratic Organization at the time when Cook County was awarding the company a series of contracts over four years. Not to mention a $5,000 contribution to the Democratic Party of Illinois, Mr. Madigan, chairman. […]
Team Rauner responds that the candidate had “no idea” what his company was up to and that, in fact, he gave lots of financial help to independent board member Forrest Claypool.
* Some deets…
Now, GTCR owned a lot of companies at the time. But according to a 1999 filing with the Florida Secretary of State, Mr. Rauner was one of only four names listed on an application to do business with that state. He was one of two directors (the other also from GTCR) with others serving as CEO and president.
HealthRev hit the ground running. On Jan. 6, 2000, the Cook County Board, John Stroger presiding, approved a three-year pact with the company giving it a cut of any Medicaid collections it could make in the county’s huge balance of charity care debt, according to the agenda for that meeting (go to page 11). The pact then was estimated to bring in about $1.2 million a year for HealthRev.
Actually, the company did much better than that. According to the county, the firm was paid $8.8 million between June 2000 and April 2003. It earned another $1.9 million after the contract was renewed late in 2002, with the bulk of that coming before it sold the company to another private group in 2004.
Almost immediately after the first contract was approved by Mr. Stroger’s county board in January 2000, good things started happening to Mr. Stroger’s personal campaign fund and his 8th Ward organization account, which supported the activities of John Stroger and then 8th Ward Ald. Todd Stroger.
* From the union-backed Illinois Freedom PAC…
Hinz notes a “fascinating” pattern in which Rauner companies make political contributions to officials who have influence over government contracts the companies are awarded and Rauner subsequently claims to have no knowledge of such contributions.
* From the Rauner campaign…
* The Healthrev Contract Was Recommended By County Board Staff.
* Healthrev Was One Of The Three Lowest Bidders For The Contract.
* The Healthrev Contract Did Not Cost County Taxpayers Any Money - Healthrev Was Paid Only A Percentage Of What It Managed To Recover For The County.
* Healthrev’s Contract Was Approved Unanimously By The County Board.
* The Motion to Approve was seconded by Commissioner Lechowicz, who was unseated in 2002 by Forrest Claypool. Bruce was A major supporter of Claypool.