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  • Will Greed lead to Meltdown of the Health System?

    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 on 10-26-2008
    Filed under: Medically Related, Insurance, My Commentaries, healthcare, health insurance, Physicians, HMO, Hospitals, Fraud, NIH, Whistle Blower, Beware of Geeks Bearing Formulas, Greed
  • Desperate Patients - Man stole pal's identity to pay for bypass surgery

    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...
    Posted to The Medical Quack .... by Barbara Duck on 08-28-2008
    Filed under: Medically Related, Insurance, Hospital, Surgery, healthcare, medical, Medicaid, identity theft, Fraud, Heart Surgery
  • FBI raids three Southern California hospitals in probe of Medicare fraud

      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.  ...
    Posted to The Medical Quack .... by Barbara Duck on 08-06-2008
    Filed under: Medically Related, Insurance, Other Items of Interest, healthcare, medicare, Hospitals, Medicaid, Los Angeles, Fraud, Homeless
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