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Mr Potter has been featured on many shows such as Dateline to explain, but again we need to pay more attention to the processes here and get with it and drop the OMG stories that keep us distracted with not getting to the core of the problems. Today he answers a few questions for the Wall Street...
Posted to
The Medical Quack .... by Barbara Duck
by
The Medical Quack
on
Fri, Dec 10 2010
Filed under:
Filed under: Medically Related, Insurance, health insurance, Book, Heatlhcare, Whistle Blower, Algorithms, Sicko, Michael Moore, Wendell Potter, heatlhcare reform, Deadlin Spin
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Here’s yet one more carrier with increased profits and in the news Aetna stated they were going to cut unprofitable contracts with employers to attain greater profits. If you read further Aetna says they stand to make even more money with their projections. Membership is down but profits are up...
Posted to
The Medical Quack .... by Barbara Duck
by
The Medical Quack
on
Wed, Jul 28 2010
Filed under:
Filed under: Medically Related, Insurance, health insurance, Education, Aetna, Obama, Algorithms, United HealthCare, Ingenix, Wendell Potter, heatlhcare reform, membership
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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...
Posted to
The Medical Quack .... by Barbara Duck
by
The Medical Quack
on
Mon, Jul 19 2010
Filed under:
Filed under: Medically Related, Insurance, Investors, health insurance, AARP, Algorithms, heatlhcare reform, transactions, private equity, BC Partners, MultiPlan, UnitedHealthGroup, Carlyle
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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...
Posted to
The Medical Quack .... by Barbara Duck
by
The Medical Quack
on
Fri, Jul 9 2010
Filed under:
Filed under: Medically Related, Insurance, Investors, health insurance, AARP, Algorithms, heatlhcare reform, transactions, private equity, BC Partners, Silver Lake Partners, MultiPlan, UnitedHealthGroup
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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...
Posted to
The Medical Quack .... by Barbara Duck
by
The Medical Quack
on
Wed, May 5 2010
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Filed under: Medically Related, Technology, Investors, Fraud, Algorithms, SEC, washing hands, sponges, hands, heatlhcare reform, Spongetech
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It’s that same old word I mention over and over, it’s the formulas used via software to make the analytical decisions. The article here says game, but ask any broker on Wall Street, “it’s all about those algos”, that is what drives profit. They live and die by the numbers as that’s what lines...
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I did a series last year called “Desperate Hospitals” and now it seems it’s time once again, unfortunately re-open the series again. Hospitals have fixed costs and have pretty much cut down the the bone where they can. Some hospitals have been lucky with philanthropy kicking in and helping...
Posted to
The Medical Quack .... by Barbara Duck
by
The Medical Quack
on
Fri, Mar 26 2010
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Filed under: Medically Related, Insurance, Other Items of Interest, My Commentaries, health insurance, Congress, Hospitals, Budgets, Heatlh IT, Fraud, Doctors, Layoffs, Wall Street, Patients, Desperate Hospitals, Algorithms, formulas, heatlhcare reform, jobs, tech denial
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It looks like we have a breakthrough here with perhaps a new type of law or at least some baby steps to get there. I have said for the last 2 years we may need a “Department of Algorithms” to legally file and enforce laws. This is coming and it’s just a matter of time until some folks come...
Posted to
The Medical Quack .... by Barbara Duck
by
The Medical Quack
on
Sun, Feb 21 2010
Filed under:
Filed under: Medically Related, Insurance, healthcare, health insurance, Congress, Algorithms, Laws, SEC, legislation, heatlhcare reform, digital laws, tech denial, Feinsten
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This is pretty much what we having happening today with what’s sitting on the table, a form of judgment to where those who are sick and need care will pay more and this is the exact crowd that can’t afford healthcare right now. With health insurance relying on stock market profits and paying dividends...
Posted to
The Medical Quack .... by Barbara Duck
by
The Medical Quack
on
Sun, Jan 10 2010
Filed under:
Filed under: Medically Related, Insurance, My Commentaries, healthcare, health insurance, Education, Congress, Politics, Algorithms, Cost, AHA, wellness, heatlhcare reform, judgement
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This article states this was a division of United HealthCare that denied coverage. I keep talking about how they run those formulas and here’s another perfect example, as they are refining these down to where it’s really going to get difficult to fit the parameters. Was the girl outside the...
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If you read the news today about the Goldman all time bonuses, like me, it does not make you want to jump up for joy. I agree with this article here, we bailed out the banks and nobody else. I wrote a thought provoking post about a month ago and I still keep provoking those thoughts...
Posted to
The Medical Quack .... by Barbara Duck
by
The Medical Quack
on
Fri, Oct 16 2009
Filed under:
Filed under: Medically Related, Insurance, Other Items of Interest, Hospitals, Economy, Wall Street, Algorithms, Greed, heatlhcare reform, Goldman, robotic investing, dark pools
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As is being practices by most health insurance companies, premiums are going up and the amount of dollars collected by all that go toward claim payments is under scrutiny too, we have had that in California too with legislators taking a look from time to time. One item mentioned here too is the...
Posted to
The Medical Quack .... by Barbara Duck
by
The Medical Quack
on
Tue, Aug 18 2009
Filed under:
Filed under: Medically Related, Insurance, My Commentaries, health insurance, Education, Aetna, Obama, Algorithms, United HealthCare, Ingenix, Wendell Potter, heatlhcare reform, membership
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We have the great opportunity to learn what happens on the other side of the door here and need to open our ears and listen and get away from emotional town hall meetings where nothing gets accomplished. If we don’t take advantage and educate ourselves, shame on us. Education once more, if...
Posted to
The Medical Quack .... by Barbara Duck
by
The Medical Quack
on
Sun, Aug 16 2009
Filed under:
Filed under: Medically Related, Technology, Insurance, My Commentaries, healthcare, health insurance, Whistle Blower, Algorithms, Magpie HealthcareWellness programs, heatlhcare reform, town hall meeetings