When you stop and think about it, all Facebook constitutes is bunch of servers that host images, emails and some applications (algorithms) and that’s about it. Unless you buy a shirt, coffee cup, etc. with Facebook on it, it’s all intangibles worth around $50 Billion. I still have a hard...
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The Medical Quack .... by Barbara Duck
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The Medical Quack
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Tue, Jan 18 2011
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Filed under: Other Items of Interest, My Commentaries, Investors, Facebook, Heatlhcare, Investments, Data, Algorithms, IPO, SEC, Goldman Sachs, addictions, electronic trading
We also now have private equity firms buying hospitals. There’s a hospital and clinic group in southern California called Prime Healthcare and they basically bought up hospitals who were upside down financially and many times it was either a purchase or go out of business. I believe the group...
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The Medical Quack
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Thu, Jan 13 2011
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Filed under: Medically Related, Technology, My Commentaries, healthcare, Investors, health insurance, Algorithms, Cost, formulas, Profits, blockbuster drugs, private equity
Just last week the Carlyle Group sold Multi-Plan to 2 other private equity firms, no wonder have problems keep track of who owns who today. Private Equity Hunt for U.S. Health-Plan Acquisitions Warming Up And Offering Competition to Insurer Acquisitions and Mergers In addition, Tenet was also looking...
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Mon, Jul 19 2010
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Filed under: Medically Related, Insurance, Investors, health insurance, AARP, Algorithms, heatlhcare reform, transactions, private equity, BC Partners, MultiPlan, UnitedHealthGroup, Carlyle
And we have one more coaching firm and software added to the portfolio of Humana today. You can see one of the under laying focuses here is compliance to taking medications, and we see that all over the place today, so much to the point that these efforts are somewhat becoming just another web...
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Fri, Jul 9 2010
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Filed under: Medically Related, Insurance, Investors, Algorithms, Heatlh Insurance, Humana, behavioral underwriting, coaching, employer benefits, Hummingbird, Lifesynch
The deal is worth 3.1 billion so a large acquisition in progress. Multiplan is the largest independent PPO in the US since 2006. You can see trending with health insurance and managed care coming once again to the forefront of investors and how this plays out we are not sure yet. The entire...
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The Medical Quack .... by Barbara Duck
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The Medical Quack
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Fri, Jul 9 2010
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Filed under: Medically Related, Insurance, Investors, health insurance, AARP, Algorithms, heatlhcare reform, transactions, private equity, BC Partners, Silver Lake Partners, MultiPlan, UnitedHealthGroup
One of the products produced by the company has to do with “hand washing” and you may have seen or used it. The issues the SEC is investigating has to do with inflating sales numbers, thus bilking investors in a scheme to falsely report numbers. We are right back once more to the use of perhaps...
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The Medical Quack
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Wed, May 5 2010
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Filed under: Medically Related, Technology, Investors, Fraud, Algorithms, SEC, washing hands, sponges, hands, heatlhcare reform, Spongetech
I say in my opinion, this is pretty valid. The FDA like every other government structure is going through massive changes and updates, and one example is Social Security looking at emerging from old Cobol systems for another example. This is what we have out there and needs for upgrades in...
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The Medical Quack
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Tue, May 4 2010
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Filed under: Medically Related, Technology, Pharma/FDA News, drugs, healthcare, Investors, Medical Devices, FDA, software, Algorithms, Venture Capital, healthcare reform, 501
Wendell Potter is now writing at the Huffington Post and write very clearly here and I agree whole heartedly, it’s the formulas as he calls them, in other words the complicated algorithms that cut you off and deny care when you or your group no longer provides profit. In the text he makes one point...
14,000 people every day lose their health insurance and medical bills are causing individuals to lose their homes, bankruptcy and defaulting loans. If we want to fix the economy, then we need to fix healthcare it sounds like to me. The Federal Reserve – What’s the Answer – Roll Back Regulation...
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Sat, Sep 26 2009
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Filed under: Medically Related, Other Items of Interest, My Commentaries, Investors, health insurance, Business Intelligence, Fraud, Gambling, Wall Street, Non Profit, Algorithms, Michael Moore, hedge funds, healthcare reform, life insurance, wagering, Federal Reserve, Colbert Report
This is big and the red tape that goes along with it. In another article a representative from the insurance industry stated many of these are clerical or paperwork errors, and there is some substance to that as I am sitting here right now looking at 10 that were denied, but paid on the same patient...
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The Medical Quack
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Sat, Sep 5 2009
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Filed under: Medically Related, Insurance, Investors, health insurance, Claims, Business Intelligence, California, Algorithms, healthcare reform, denials