New revelations expose how James Biden, the younger brother of Joe Biden, attempted to use his family name to secure deals for a hospital chain which later collapsed.
According to Politico, James Biden worked as a consultant for hospital operator Americore starting back in 2017, when the company first intended to build a series of rural health care centers. Despite the fact that Biden had no experience in the medical industry, he nevertheless sought to secure various connections and deals for the growing chain using his family’s political connections.
James Biden attempted to negotiate deals to help make more money for Americore, including drug rehab, lab testing, and cancer treatment. When pitching such deals, he frequently mentioned his last name and his family’s power. Biden frequently sought capital from foreign investors, including from the Middle East.
“This would be a perfect platform to expose my Brothers team to [your] protocol,” Biden wrote in an email to the CEO of a Tampa-based company, which controlled licensing rights to an experimental cancer treatment that Americore sought to offer. “Could provide a great opportunity for some real exposure.”
A former Americore executive said that Biden planned to give his brother equity in the company, while a second executive said that the plan was for Joe Biden to eventually be installed on the board of directors. A third executive even said that the idea was proposed to use the company’s future success as a positive in promoting a likely future presidential campaign.
Despite James Biden’s promises, none of the investors he approached were interested in the project. On top of Americore’s pre-existing financial issues, the lack of new capital ultimately led to the company’s collapse. As a result of the collapse, numerous medical facilities went without pay for their staff, with services declining and patients being neglected, until authorities had to step in. Four years later, federal investigators are probing the company’s collapse and the subsequent devastation it caused.
These revelations further expose the long history of the Biden family’s efforts to exploit their name and political connections for lucrative business deals, both at home and abroad. At the heart of this trend is Joe Biden’s son, Hunter Biden, who made a fortune on foreign business deals in countries such as Ukraine, China, and Russia, some of which may have been at the expense of America’s national security. These and other deals struck by other Biden family members such as James Biden have led to an official impeachment inquiry against Joe Biden in the House of Representatives.
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