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
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
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...
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