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==== Gingrich Group and the Center for Health Transformation ==== The Gingrich Group was organized in 1999 as a consulting company. Over time, its non-health clients were dropped, and it was renamed the [[Center for Health Transformation]]. The two companies had revenues of $55 million between 2001 and 2010.<ref name="$55 million">{{cite web |publisher=[[Bloomberg News|Bloomberg]] |date=November 22, 2011 |url=http://news.businessweek.com/article.asp?documentKey=1376-LV1JSD6K50YD01-3AAFC4U13OJKS56R4Q4KOVLVDN |title=Gingrich Health Center and Consulting Group Paid $55 Million}}{{dead link|date=April 2023|bot=medic}}{{cbignore|bot=medic}}</ref> The revenues came from more than 300 health-insurance companies and other clients, with membership costing as much as $200,000 per year in exchange for access to Gingrich and other perks.<ref name="Inc" /><ref>{{cite news |newspaper=[[The Washington Post]]|date=November 18, 2011 |url=http://www.thefiscaltimes.com/Articles/2011/11/18/WP-Gingrich-Think-Tank-Collected-37-million-from-Health-Care-Industry.aspx#page1 |title=Gingrich Think Tank Collected $37M from Health-Care Industry |first=Dan |last=Eggen |access-date=December 28, 2011 |archive-date=November 25, 2011 |archive-url=https://web.archive.org/web/20111125212354/http://www.thefiscaltimes.com/Articles/2011/11/18/WP-Gingrich-Think-Tank-Collected-37-million-from-Health-Care-Industry.aspx#page1 |url-status=live }}</ref> In 2011, when Gingrich became a presidential candidate, he sold his interest in the business and said he would release the full list of his clients and the amounts he was paid, "to the extent we can".<ref name="$55 million" /><ref name="small business" /> In April 2012, the Center for Health Transformation filed for [[Chapter 7, Title 11, United States Code|Chapter 7 bankruptcy]], planning to liquidate its assets to meet debts of $1β$10 million.<ref name="abc-bankruptcy">{{cite news |work=[[Atlanta Business Chronicle]] |title=Newt Gingrich health care think tank files bankruptcy |url=http://www.bizjournals.com/atlanta/news/2012/04/05/newt-gingrich-think-tank-files.html |first=Dave |last=Williams |date=April 5, 2012 |access-date=April 5, 2012 |archive-date=April 6, 2012 |archive-url=https://web.archive.org/web/20120406200012/http://www.bizjournals.com/atlanta/news/2012/04/05/newt-gingrich-think-tank-files.html |url-status=live }}</ref><ref name="nyt-bankruptcy">{{cite news |work=[[The New York Times]] |date=April 5, 2012 |access-date=April 5, 2012 |first1=Gerry |last1=Mullany |first2=Mike |last2=McIntire |title=Former Gingrich Consultancy Files for Bankruptcy |url=http://thecaucus.blogs.nytimes.com/2012/04/05/former-gingrich-consultancy-files-for-bankruptcy |archive-date=April 8, 2012 |archive-url=https://web.archive.org/web/20120408115832/http://thecaucus.blogs.nytimes.com/2012/04/05/former-gingrich-consultancy-files-for-bankruptcy/ |url-status=live }}</ref> Between 2001 and 2010, Gingrich consulted for [[Freddie Mac]], a [[Government-sponsored enterprise|government-sponsored]] secondary home mortgage company, which was concerned about new regulations under consideration by Congress. Regarding payments of $1.6 million for the consulting,<ref name="$55 million" /> Gingrich said that "Freddie Mac paid Gingrich Group, which has a number of employees and a number of offices, a consulting fee, just like you would pay any other consulting firm."<ref name="distances">{{cite web |publisher=[[MSNBC]]|url=http://firstread.msnbc.msn.com/_news/2011/11/19/8900367-gingrich-distances-self-from-freddie-mac |date=November 19, 2011 |title=Gingrich distances self from Freddie Mac |author=Kent, Jo Ling |url-status=dead |archive-url=https://web.archive.org/web/20111122025439/http://firstread.msnbc.msn.com/_news/2011/11/19/8900367-gingrich-distances-self-from-freddie-mac |archive-date=November 22, 2011}}</ref> In January 2012, he said that he could not make public his contract with Freddie Mac, even though the company gave permission, until his business partners in the Center for Health Transformation also agreed to that.<ref>{{cite news |publisher=[[Bloomberg News|Bloomberg]] |title=Gingrich Leaves Freddie Contract Release to Partners |author1=Benson, Clea |author2=Woellert, Loraine |name-list-style=amp |date=January 6, 2012 |url=https://www.bloomberg.com/news/2012-01-06/freddie-mac-says-gingrich-is-welcome-to-release-his-contracts-as-adviser.html |access-date=March 10, 2017 |archive-date=November 15, 2016 |archive-url=https://web.archive.org/web/20161115073044/http://www.bloomberg.com/news/2012-01-06/freddie-mac-says-gingrich-is-welcome-to-release-his-contracts-as-adviser.html/ |url-status=live }}</ref>
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