Former CFO sues Chicago hospital to recoup $100k loan

The former CFO of Roseland Community Hospital in Chicago filed a lawsuit Wednesday alleging the hospital owes him $100,000, according to the Chicago Tribune.

Marlo Kemp claims he loaned Roseland Community Hospital money to cover operating expenses on several occasions before he left his position as CFO of the hospital in December 2017. The lawsuit alleges the hospital failed to repay him for a $100,000 loan he made to it in November 2017.

Mr. Kemp wired $81,000 from his personal bank account to the hospital's payroll account Nov. 2, and he wired an additional $19,000 five days later, according to the lawsuit.

The hospital gave Mr. Kemp a $100,000 check in November. However, when he attempted to deposit the check Dec. 15, the same day he left his job at the hospital, he discovered Roseland Community Hospital had put a stop payment on it, according to the Chicago Tribune.

Mr. Kemp sued the hospital for breach of contract, fraudulent misrepresentation and unjust enrichment.

More articles on legal and regulatory issues:

Scripps will pay $1.5M to settle billing fraud case
CMS to form interagency group to review Stark Law: 4 things to know
Judge gives Ohio hospital temporary lifeline

Copyright © 2024 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.


Featured Whitepapers

Featured Webinars