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Diabetes research projects may go on hold. This is sad that the Foundation is having to close and that renovation projects may be delayed or put on hold as well. In the year 2007 the foundation showed a$952 million market value. It makes one wonder if there will be more of these individuals...
Posted to
The Medical Quack .... by Barbara Duck
by
The Medical Quack
on
12-21-2008
Filed under:
Filed under: Medically Related, Technology, Other Items of Interest, My Commentaries, healthcare, Investors, Physicians, Harvard Medical School, Charity, Fraud, Massachusetts, Boston, Whistle Blower, Beth Israel Deaconess of Boston, Wall Street, Donations, Greed, Foundations, Madoff, Ponzi, Cancer Donations, SEC
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I say this somewhat in jest as everyone who has a business knows the software, but in principal what’s wrong with having some enterprise auditing software in place that does just that – audits. Quick Books connects business owners easily to their auditors, so when we have such large sums of investor...
Posted to
The Medical Quack .... by Barbara Duck
by
The Medical Quack
on
12-18-2008
Filed under:
Filed under: Medically Related, Technology, Other Items of Interest, healthcare, Investors, Physicians, Charity, Fraud, Massachusetts, Boston, Whistle Blower, Wall Street, Donations, Greed, Foundations, Madoff, Ponzi, Cancer Donations, SEC
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A partial listing of some of this clients who are now stuck can be viewed here. If you have not caught up with this story, it is stated to be a 50 billion dollar Ponzi scheme. Healthcare and the charities don’t appear to be coming out of this unscathed, at a time when the news couldn’t...
Posted to
The Medical Quack .... by Barbara Duck
by
The Medical Quack
on
12-14-2008
Filed under:
Filed under: Medically Related, Technology, Other Items of Interest, My Commentaries, healthcare, Investors, Physicians, Charity, Fraud, Massachusetts, Boston, Whistle Blower, Wall Street, Donations, Greed, Foundations, Madoff, Ponzi, Cancer Donations, SEC
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Where does the greed lie perhaps might be the question. Today it takes a lot of money to create a new drug and as we have seen from the new approach from the FDA, more information and documentation is required. Investors want a return on some of the biotech research that has not quite matured yet...
Posted to
The Medical Quack .... by Barbara Duck
by
The Medical Quack
on
10-26-2008
Filed under:
Filed under: Medically Related, Insurance, My Commentaries, healthcare, health insurance, Physicians, HMO, Hospitals, Fraud, NIH, Whistle Blower, Beware of Geeks Bearing Formulas, Greed
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Not too long ago we had the embarrassing situation of “dead doctors” being billed so perhaps this is a step up in this direction to get a handle on what we do and do not pay for from our taxpayer dollars. Unannounced visits are a good thing in this direction as a picture is worth a 1000 words,...
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More chocolate woes, you know I think I’m going to give up chocolate all together. Between all the recalls on the melamine laced products and the fact that even here in the US, you don’t get real cocoa butter anymore in some of the products from Hersheys, but yet we get these reports that chocolate...
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Identity theft has reached a new plateau. How does one feel about a story like this, as he needed the surgery to save his life and he felt there was no other alternative. What he did was not right by any shape or form, but again, when threatened with death, desperate people do desperate things...
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Not the same as what happened in Los Angeles, but the lawsuit alleges that additional revenues were gained by administering additional tests, treatments and wrong diagnoses. When funds run short, is this something we might have to be aware of? We all want good medical care, but in the news...
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As the investigation continues, one homeless woman used the money for crack but yet her schizoaffective disorder was never treated. If one was looking to bill for additional money, and at least truly treat a patient, I would think this could have generated some legitimate funds. Also noted is the CFO...
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Desperate hospitals taking desperate measures, with none of this being legal and lead a couple arrests with more to come. Empty beds cost hospitals money, so was this an attempt to fill the beds or fill some pockets. Over 50% of the hospitals in the US border on insolvency. ...
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Amazing how this went on for so long and the living doctors have problems getting items approved. At any rate, new procedures are being activated, perhaps such as moving an ID number and name to the “inactive” listing. This is something a query could have caught in a data base if programmed...