Patel’s Palatial Mansion in Florida

Dr. Kiran Patel, a savvy entrepreneur, began buying up the practices of other physicians and organized them into a multispecialty network with more than 8,000 patients. In 1992, he bought WellCare, a small health maintenance organization that exploded in size when Florida began requiring Medicaid patients to enroll in HMOs. In 2002, he sold it for a reported $200 million.

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