This yellow 2-story at 4601 N. Roseneath Dr., which has been on the market since April, popped up in a new listing earlier this month sporting the same $850,000 asking price. It sits on a 1.2-acre lot below Brays Bayou, just south of the University of Houston campus. Since 1994, the 1937 property has been the home of Earnest Gibson III, the longtime president of Riverside Hospital. Earlier this week, a federal jury convicted Gibson, his son, and 2 others of various conspiracy charges in connection with a $158 million Medicare fraud scheme centered around patients at the hospital. All are scheduled to be sentenced next February.
Previously, 5 others had pled guilty to charges in connection with the same operation, in which Medicare was billed for services, including psychiatric care, that patients never received. According to a report in the Chronicle, the hospital itself, which now only provides detoxification services, has been “teetering on financial collapse.“