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Researchers Develop Inhalation Drug Delivery System to Treat Lung Cancer

So far the delivery system has been tested in animals and a patent is being applied for.  An inhaled approach with chemotherapy imagecan help avoid the toxic exposure to other parts of the body and we all know how that goes with treatment.  It can also go directly to the target without an IV infusion.  More work is still needed before the process can go into clinical trials on humans.  The percentage of the drug delivered also rose to 83% from 23% with an IV injection.  BD


In more conventional chemotherapy for lung cancer, the drugs tend to accumulate in the liver, kidney and spleen, with much less of the drugs ever making it to the lungs. In this study, the amount of the drug delivered to the lungs rose to 83 percent with the inhalation approach, versus 23 percent with injection.

This work was supported by the National Cancer Institute, National Science Foundation, and the Department of Defense.

"A drug delivery system that can be inhaled is a much more efficient approach, targeting just the cancer cells as much as possible," he said. "Other chemotherapeutic approaches only tend to suppress tumors, but this system appears to eliminate it."

A patent is being applied for on the technology, and more testing will be necessary before it is ready for human clinical trials, the researchers said.

http://www.sciencedaily.com/releases/2013/05/130522131212.htm

Johnson and Johnson Phasing Out Production of All Metal Hip Replacements

Anyone who has followed the news, and you almost could not have missed it regarding the lawsuits and recalls should not see this as any kind of surprise.  Back in 2011 the company received approval for a ceramic on metal device which one might guess was to replace the metal on metal.

DePuy Orthopedics Gets FDA Approval For Ceramic-on-Metal Hip Implant Pinnacle CoMplete System–Is This A Potential Replacement for the Other Ones Out There?

One company, Biomet bought a portion of the DePuy business and this was to help with the acquisition of Synthes.

Biomet Makes Offer to Buy DePuy Business from Johnson and Johnson To Enable Regulatory Clearance for The Purchase of Synthes

The FDA is also requesting study information from those manufacturers who had devices approved without full clinical studies and Johnson and Johnson said they would not be a participant as they were leaving this market.  This was probably a good move as it would appear their market has probably all but disappeared for the particular ASR metal product.  BD


The orthopedic unit of Johnson & Johnson said Thursday that it was phasing out production of all-metal replacement hips, a move reflecting an industry wide trend to abandon the once widely used implants because of high early failure rates.

Johnson & Johnson is facing a wave of lawsuits from patients who say they were injured when all-metal implants sold by the company failed. It faces over 10,000 cases related to the A.S.R. and 3,300 cases related to the all-metal Pinnacle, according to a company filing with the Securities and Exchange Commission

In a statement Thursday, DePuy pointed to two factors behind its decision to drop the all-metal Pinnacle: sharply declining surgeon demand for all-metal devices and a recent ruling by the Food and Drug Administration affecting such products.

http://www.nytimes.com/2013/05/17/business/jj-is-phasing-out-metal-replacement-hips.html?partner=socialflow&smid=tw-nytimesbusiness&_r=2&

California UC Hospital 2 Day Strike Begins on Tuesday-Contract Pension and Patient Safety Issues

Elective surgeries have been cancelled at the facilities and UCLA has hired additional replacements for the duration of the strike.image  Thus far the union has refused to accept a new pension plan.  The workers are also claiming patient safety as a reason as well.  We all know hospitals all over are doing more with less and it seems there’s no exception here.  BD


Respiratory therapists, nursing aides, surgical technicians and other patient care workers plan to stage a walkout starting Tuesday morning at five University of California medical centers.

More than 12,000 workers from the American Federation of State, County and Municipal Employees are expected to participate in the two-day strike over staffing, pay and pension reform, union officials said. An additional 3,400 workers from the University Professional and Technical Employees union plan a one-day sympathy strike.

UC officials are preparing for the walkout by canceling elective surgeries, chemotherapy treatments and other medical procedures. They have estimated the cost of the strike will be as much as $20 million.  The strike will run from 4 a.m. Tuesday until 4 a.m. Thursday at the five centers in Sacramento (UC Davis), Los Angeles, Irvine, San Francisco and San Diego.  Those participating in the strike work in the pharmacies, cancer centers, operating rooms and laboratories.

http://www.latimes.com/news/local/la-me-uc-medical-strike-20130521,0,7118184.story

Privacy and Medical Records–Fox News Interview With Dr. Deborah Peel. Privacy Rights Founder & Marc Rotenberg from EPIC Privacy Info Center

Privacy with medical records is making the news today in more ways than one.  This is a good video with Dr. Deborah Peel and EPIC Marc Rotenberg President on privacy.  A while back I made a post about HIPAA needing to be removed from the HHS silo so the laws and rules could be cross referenced in other places as we have more imageentities in healthcare today than ever.  Sometimes these are companies who have never been exposed to healthcare and the rules that enter into new lines of business. Also read my commentary on how all privacy laws will absolutely fail without identifying who is selling data and what kind.  The solution here is to require a license and as a bonus I say excise tax the billions they make in profits selling data.  It is an epidemic.  Why companies and banks can just have a free hand like the wild west selling data when we require real estate agents to be licensed to sell homes, doctors and nurses to be licensed and so on is beyond me. 

Privacy Relative to Tracking Apps and Data Mining Legislation Will Fail If There is No Regulation Path Created–License and Excise Tax Data Miners & Sellers Otherwise It’s “Laws With No Balls”

There’s tons of profits out there when you look at Walgreen in 2010 making short of $800 million selling data only

Time to Take HIPAA Out of the Healthcare Silo–Needs to Be Integrated In Overall Privacy Laws Healthcare Information Is All Over The Place And Privacy Efforts Will Fail Without Real Algorithmic Levels of Regulation

You answer, would it have helped to have HIPAA rules included as a cross reference for the IRS with their latest woes?

IRS Facing Lawsuit Over HIPAA Violations Considered a Data Breach of Ten Million Records With Unauthorized Seizure

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Here’s a bonus video that will help open your eyes as well about algorithms taking over the world.  I have included this as so much of the data selling and moving is all done programmatically and who gets to play “God” if you will and say who moves what information and money where? This also applies in healthcare with our data…data selling and privacy has crossed the line from utility to menace as well.  Time to license and tax the data sellers so we know who they are and what they are selling.  

This is also a great related video and wake up and see how far the queries and models are going as companies model for profit.   

Health Insurers and Others Trying to Track Junk Food Consumers Purchase–Attack of the Killer Algorithms for Corporate Profits

As I keep saying, licensing is step one so we know who they are and what kind of data they are selling and to who.  Some are really liking this idea of late in the Health IT business.  BD 

Time Has Come to License and Tax the Data Sellers of the Web, Companies, Banks, Social Networks..Any One Making a Profit-Latest Microsoft/Google Privacy War Helping the Cause –Consumers Deserve to Know What Is Being Sold and To Who in a Searchable Format

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http://www.foxbusiness.com/on-air/willis-report/videos#p/157870/v/2397321883001

“It’s Not the Data, It’s the Models Stupid”-Big Data Helps But It Is Not the Answer

This is a great article from RWIO Science I felt and it explains what a “Black Swan” is, an event that nobody has predicted and everyone is surprised.  We have a lot of them out there floating around today, just yesterday with the tornadoes in Oklahoma for an example.  Basically what this article is talking about is  modeling and the use of the data in a model and not just the data itself. In addition you hear about the bigger exposure to errors and noise as you look at more and more data, that is a full truism.  Everyone wants to apply big data to Black Swan events and see if there’s a way to predict next time and sometimes there might be data indicators that would help and other times, you have nothing.  Those not in data get easier slided here as they don’t know data mechanics and how all of his works.  We see it all the time.  We do develop too much confidence in our data in more ways than one..example below on my opinion post.

HHS Secretary Sebelius Still Looking for Tech Breakthroughs To Save the Day

We also have the “expert” paradigm that is alive and well and with the world being so complex today, “experts” as we have known and recognized in the past, just might not be there today. 

Relying on Experts When They May Not Exist–Many Intelligent and Smart People But Do We Have Misconceived Paradigms-TED

It does all come back to the interpretation of data and context is everything.  Scroll down to the bottom of this blog in the footer and watch the first video for more on that topic and see what Charlie Siefe has to say, who wrote the book “Proofiness, the Dark Arts of Mathematical Deception”…in chatting with Tom Peters on Twitter, he went out and bought it, a good book.  Basically when data is used out of context then the fun begins with high levels of noise and errors.  We have it in healthcare as insurers and other healthcare entities use models.  Watch the video at the link below and hear some big companies and entities to include NASA to hear them question value and models. 

Big Data/Analytics If Used Out of Context and Without True Values Stand To Be A Huge Discriminatory Practice Against Consumers–More Honest Data Scientists Needed to Formulate Accuracy/Value To Keep Algo Duping For Profit Out of the Game

One of the best on the web that speaks about models is Cathy O’Neill, a Quant and a modeler, she tells it like it is.  Don’t lie with models.  Further down you can also find some comments from Microsoft on data interpretation and biases too.

Modeling for Inequality With Segmentation, Insurance Industry Uses Backwards Segmentation As Some Models Stand to Threaten Overall Democracy

We are all still very human and data and math don’t always play out the same on computers and screens as it does in the real world, “with software you can do anything”…keep that thought as you watch the video below.  BD


In the Gold Rush to accumulate and put to use Big Data, we may actually be making it harder to actually glean insights from that data. Yet the prospect of data solving all of our problems is so tempting that even the brightest minds of our generation seem confused.

Take, for example, Irving Wladawsky-Berger, a strategic advisor to Citigroup and former IBM executive. Wladawsky-Berger is exceptionally bright, someone whose insights into open source helped me a great deal while he was still at IBM. But writing in The Wall Street Journal ("Spotting Black Swans with Data Science"), he "[gets] the Black Swan idea backwards," as Nassim Taleb, professor at New York University’s Polytechnic Institute and author of The Black Swan, points out.  Completely. Backwards.

Black Swan events are major events that take us by surprise, but afterwards yield clear explanations as to why they happened. Examples include the 9/11 attacks, the rise of the Internet and World War I.

But they can also apply to business, and so there is a temptation to apply Big Data to spot such Black Swans before they happen.

The more frequently you look at data, the more noise you are disproportionally likely to get (rather than the valuable part called the signal); hence the higher the noise to signal ratio.

Whether in our models, our collection of certain kinds of data, or our interpretation of that data, we bring personal biases to the analysis, which Microsoft Research's Kate Crawford argues in Harvard Business Review. We cannot avoid this bias, and the attempt to look for correlation rather than causation in our data solves nothing.

In fact, it arguably makes the problem worse, because it gives us too much confidence in our data.

We're still early in Big Data, and enterprises rightly suspect that Big Data isn't some magic pixie dust that immediately yields insights into how much to charge, where to market, etc. Big Data can help, but it's not The Answer.

http://readwrite.com/2013/05/20/blinded-by-big-data

Rosetta Genomics Signs Credentialing Agreement with Prime Health Services PPO-Testing for Cancer of the Unknown

Way back in 2009 I did an I interview with Rosetta and its nice to see that the test is receiving more use and approval to locate cancer of the unknown in the diagnostic processes of lung cancer, in other words did the patient really have lung cancer or was it another cancer that travelled there and this test identifies that fact so the right treatments can be given.  BD

Rosetta Genomics Interview – microRNA for Diagnosing Lung Cancer Tumors


PHILADELPHIA and REHOVOT, Israel, May 20, 2013 -- PHILADELPHIA and REHOVOT, Israel, May 20, 2013 /PRNewswire/ -- Rosetta Genomics Ltd. (NASDAQ: ROSG), a leading developer and provider of microRNA-based molecular diagnostics, announces that the Company has executed a credentialing agreement with Prime Health Services, Inc. (Prime Health), a managed care company that offers a full spectrum of services, including a Preferred Provider Organization (PPO), for the inclusion of Rosetta Genomics' miRview® mets2 test in Prime Health's covered products and services.

http://www.sacbee.com/2013/05/20/5433480/rosetta-genomics-announces-credentialing.html

MMRGlobal Files Patent Infringement Complaint Against Allscripts Subsidiary, Jardogs

The company, Jardogs as I have read was created by a former Allscripts executive and offers a “Universal Health Record” and according to the press release from MMRGlobal, the company has violated patents for personal health records.  The entire press release at the link at the bottom of this post gives more details.  This is not the first and you can search this blog for additional posts about their complaints against Walgreens, WebMD, etc. and way back in a post I included the embedded document that explains more about the subject. 

MMRGlobal (MyMedicalRecords.Com) Files Complaint In California Against Walgreen For Technology Patent Violations

Since last year Allscripts has been in the news with a variety of issues and now has a former Cerner executive at the top working to re-organize and get things back in order to include lawsuits, etc. that go back to the original MyWay medical records system.  The company has since dropped the lawsuit against the NYC Health system over their selection of another vendor.  In addition in this complaint, distributors, agents and resellers appear to be also included with the potential patent infringement.  BD


LOS ANGELES, CA -- (Marketwired) -- 05/20/13 -- MyMedicalRecords, Inc. ("MMR"), a wholly owned subsidiary of MMRGlobal, Inc. (OTCQB: MMRF), today announced the filing of a complaint for patent infringement against Jardogs LLC, a subsidiary of Allscripts. The complaint states that Jardogs provides health information services to consumers and healthcare providers and is infringing on MMR's Personal Health Records patents including U.S. Patent No. 8,301,466. According to the complaint, Jardogs provides a product called FollowMyHealth™ Universal Health Record, which it describes as the "next generation patient portal, combining patient-provider communication with a patient managed personal health record." MMR is seeking monetary damages as well as a permanent injunction. The complaint was filed in the United States District Court for the Central District of California, case number CV: 13-3560, on May 16, 2013, and is available on the court's website http://www.pacer.gov/.

http://phx.corporate-ir.net/phoenix.zhtml?c=178404&p=irol-newsArticle&ID=1822049&highlight=

Health Insurers and Others Trying to Track Junk Food Consumers Purchase–Attack of the Killer Algorithms for Corporate Profits

I read this article at the Business Insider and have referenced the original article link they gave here.  If you have read here long enough then you know all about this issue with “data sellers” and the billions they make in profits.  This is just one more level of the power of data and connecting it.  If you go to the link at the bottom you can read all the information relative to privacy statements to where they have included all of this.  They reference Jawbone and Fitbit policies and you can dig around this blog to see similar types of posts.  The content here is based on a sales rep who anonymously came through with the information who works for one of these data selling/mining companies.  Remember in addition to getting the data to monitor, they make billions selling it as well. 

Jawbone Buys BodyMedia. Launches New “Up App” Platform–Partnerships Allow for More of Your Data and Profiles To Be Sold As Data Selling Epidemic Continues to Grow

Recently we had the story about insurers buying up consumer spending records on charge and debit cards to which Blue Cross stated they were looking for consumers buying a size larger clothes so this seems to fit right in there. 

Insurance Companies Are Buying Up Consumer Spending Data-Time is Here to License and Tax the Data Sellers-As Insurers Sell Tons of Data, Gets Flawed Data When Data Buyers Uses Out of Context Too

When it comes down to analyzing purchases as well, could you be purchasing some food for someone else too, of course you could, like your kids for one.   Again this is the danger of using data out of context and the recent stories of the IRS show how data, left unattended for regulation can let this all happen.  They saw the opportunity to pursue the data and information being available and went for it.  If one works with data and knows the mechanics needed to secure and run analytics with any kind of data, this comes as no surprise as it’s there for the taking and again, the billions in profits that are made as well.  Meanwhile back at the ranch, the consumer suffers. 

Data Floating Around the Web and You Don’t Know How It Got There? Time to License and Excise Tax Data Sellers–Identify “Flawed Data” Epidemic At The Root of the Problem

Last year I wrote about this and there’s a good video with big conglomerates talking about how they are looking at big data and again when used out of context with no regulation and nothing requiring data sellers to buy a license, we don’t know who they are and what kind of data they sell and to who? 

Big Data/Analytics If Used Out of Context and Without True Values Stand To Be A Huge Discriminatory Practice Against Consumers–More Honest Data Scientists Needed to Formulate Accuracy/Value To Keep Algo Duping For Profit Out of the Game

If we keep headed in this direction, will it soon be a crime to buy a Twinkie?  This is why I began my campaign to license and tax the data sellers as without any type of regulation and identification for consumers, it will run hog wild and with this article it somewhat confirms what I have been writing about for the last 3 years on this blog.  All privacy laws will fail without identifying who and what is being sold and again the ability to make billions in profits continues with banks and corporations.  If we don’t identify all who are in the game and what they are selling, it’s open to all kinds of consumer abuse all over the place and again it will and can be used “out of context”. 

Time Has Come to License and Tax the Data Sellers of the Web, Companies, Banks, Social Networks..Any One Making a Profit-Latest Microsoft/Google Privacy War Helping the Cause –Consumers Deserve to Know What Is Being Sold and To Who in a Searchable Format

So again, I like the medical devices that go directly to a PHR that does not have a web app in the middle, like some of what HealthVault offers so you are in control of what you share with who and saw that when all the web apps with their data gathering algorithms began. so the sales rep who provided the material for this article seems to pretty much validate most everything that I have said on this blog for the last few years.  Again, without identifying the data sellers and requiring a license and the ability to tax the billions in profit they make to begin moving some money back to the consumer side, the more information they get, the more they are in a position to use it against you.  This is indeed sad that this is the way it is playing out and no wonder consumers are non trusting.  The data mechanics to do this are only getting better and corporations and banks are just getting richer doing so.  Watch the videos in the footer of this blog and you can also visit the Algo Duping page where folks smarter than me have created videos that help explain how this works as well.  BD 

“Devaluate the Algorithm” And “Tax the Data Sellers”–A Cure for Both Healthcare and an Economy Based Heavily on Intangibles–We’ve Lost Our Balance


According to a sales rep for a Midwest data co-location and analytics startup who asked to remain anonymous, regional hospitals, insurers, and grocery retailers are already investigating ways to work together to translate consumer purchase data into health risk profiling insights. Kevin Pledge, CEO of underwriting-technology consultancy Insight Decision Solutions told the Economist last year that he has forgone the use of supermarket loyalty-cards and begun paying cash for his burgers to avoid this very type of profiling. The same article mentions a life-settlements firm declining to purchase an insurance policy based on social media activity that contradicted the supposed poor health of the policy-holder.

These are far from the only example of companies reaching further into our personal data – consumer reports has a rundown of many others – but they should be enough to make us all rethink that package of bacon, those dozen Krispy Kremes, or those Marlboros. One day, the same analysis is likely to be applied to how often we exercise, the length and quality of sleep we get, our eating habits, and possibly even the health of our sex lives.

It’s easy to come off sounding paranoid, and many would argue that the value received from quantified self devices and services justifies the risk. But it’s not those who consciously make that decision I’m worried about. It’s those who buy a Jawbone Up because it’s sold at the Apple Store then connect it to several Web apps because their trainer recommends them without considering long-term implications. Data is powerful, and just as it has the power to enhance our lives, in the wrong hands it can also harm us.

http://pandodaily.com/2013/05/20/you-are-your-data-the-scary-future-of-the-quantified-self-movement/

Medical Quack “GoFundMe” Outreach Personal Crowd Fundraising For Medical And Funeral Bills- Mother Passed Away From Cancer

Nobody is immune from needing help and my cause is two fold here with both keeping the Medical Quack alive and well and to also look for a little help for some family medical bills.   Mom had surgery and died about 4 weeks afterwards.  I’m glad I was there during her surgery as I was not able to be there at the end.  I miss her a lot.  Hospice took good care of her through the end and if you ever need a great service as such in Phoenix, it’s called “Hospice of the Valley”, the best.   For the next couple of weeks I may have some time to post a couple here and there but it will be light and not the normal amount of blog posts, and for a few days there may not be any new blog posts so bear with me and keep coming back.  Thanks to all who take time to read the Medical Quack and I do hope I provide some value information.  Barbara Duck


GoFundMe did not ask me to do this post or campaign and I thought I should mention that as this is my own person effort here, but again by publicizing the site it may also offer answers for others too.

I felt funny about putting this out there but you know what, Hollywood actresses are using it to help fund their cancer treatments too. Here’s an article on Karen Black with her cause.

We don’timage have as much expense as she does but we are in the same boat with Mom. Kate Bornstein is another cause and then there’s the little folks like me with small goals by comparison so if you can I appreciate it and will keep the Medical Quack going to hopefully keep information flowing.

Also there are victims from the Boston bomb incident that can maybe use a little help as well, one example here…Bucks for Bauman He was injured in the bomb blast.

Thank you so much

Other similar crowd funding sites below to check out for fund raising..

http://www.giveforward.com/

http://www.youcaring.com/

https://fundrazr.com/

https://rally.org/

http://fundly.com/pricing/

http://humantribeproject.com/

Tenet Healthcare Loses $88 Million First Quarter 2013–Admissions Drop, Algorithmic Models Of Insurers Transferring Risk to Patients and Providers Not Working, Why? No Money

Revenues were up but profits were down.  More people have high deductible insurance plans and thus this model is continuing to break as payers are transferring risk to patients and providers.  The problem here is that transferring risk in software analytics may look good but we are back to how this doesn’t work in the real world as patients and payers don’t have the money, as we have already algorithmically risked down to the penny so where’s the next math model going to go search?  What’s left?  Again what looks good in the software world doesn’t play out the same in the real world, especially in healthcare, the people business.  In short, the models lied as they were constructed to generate profits and at some point in time when the array of data used runs out of cash, you can’t model it any more as it bottoms out.  I think this is what we are now seeing. 

Not ObamaCare That is Failing, It’s the Models and Subsequent Algorithms that Execute Within IT Infrastructures Intersecting, Changing And Conflicting– The Affordable “Complexities” Act…

Furthermore this is shown with others not being able to work with the business models as shown even with Medicare and CMS being frustrated.  We have had a few years of all of this in the news and now the reality is starting to hit.  Insurers have worked models to death and we get duped on some of this and believe all the numbers and reports shown to us and when it bottoms out, well time to look at models generated for profit without looking and coordinating with “patient care” models on the other side.  Government is pretty stuck as well as talent lacks on that side to first maybe admit this is an issue and secondly they didn’t hire the right talent as we stick to the OMG news and emotional turmoil, just read the news. We have a Consumer Financial Protection Agency that’s been rendered pretty useless as well with the wrong man in the wrong job, he’s a lawyer and is also easily duped as he’s sucked in as well and offers little knowledge and challenge when it comes to business models and the current course of action is reactionary rather than understanding models and being pro-active.

Richard Cordray, Fail With Understanding Flawed Models and Algorithms -Big Case of“Algo Duping”With Big Data-Save Time, Hire Quants Who Know How Consumer Financial Models Are Built and Function…Geez

This is a good article too about duping and see if you are in fact driving yourself off the cliff and see examples of companies driving themselves off as well. 

Big Data Revolution-Dangers of Using It To Drive Ourselves Off a Cliff -Debunking Myths of Algorithms Replacing Humans In Decision Making Processes in the Healthcare Business (Video)

Sure the next quarter may bring in some new numbers but there’s a certain amount of “fixed” expenses that hospitals can’t adjust and now the fiction of some of the analytics used is starting to show.  Scroll down and watch the videos in the footer of this blog for some really good educational videos that help explain the roots of all of this and how it got started.  It’s kind of like the same models that lead to the stock market crash.  If you’re an algorithm, life is looking pretty good, but can’t say the same for the human side”.

Right now we have BigData being the so called salvation and it’s not going to be the answer when the dollars bottom out unless we figure out how to use a software program like bitcoin to generate another fantasy money system.  Bitcoin is ok for what it is but we still need to look at hard dollars and it’s not going to save us from what has been created and half of the analytics being created today will be a waste of time as we tend to keep following the same circle here and look at numbers with not enough regard t how it plays out in the real world

There’s yet another big issue brewing too with our data and that is due to the fact that it relies to heavily on selling consumer data and that too will break in time as the date becomes more flawed, we have more exposure to breaches as more of our data is stored in more places where we don’t have a clue on the security.  An example below talks about this and there are tons of examples out there but again the data selling epidemic model contributes in a large way too.  Companies making consumer devices are not showing huge profits from selling the devices, they make big profits selling the data and the devices while they may help consumers with care, they really end up being a device that makes money by selling data, not as a device itself sold and being able to stand on it’s own to generate revenue, so big portions of this industry have flawed model as well as it feeds the frenzy. 

Jawbone Buys BodyMedia. Launches New “Up App” Platform–Partnerships Allow for More of Your Data and Profiles To Be Sold As Data Selling Epidemic Continues to Grow

I think the picture is going to get a lot uglier as time moves on and the algorithms run and right now some are out of control and the translation for some of it is something like this:  Unintended consequences are the results with code that runs, collides and moves money as each profit center executes what they need with little regard or notice to how it reacts with other data. 

There’s a lot of neat and cool things going on in science right now too and that has an impact as well and items such as telemedicine will generate savings but I do have to laugh at the numbers that are thrown out there as we really don’t know how much and all of those reports are just guesses as you have to wait until that algorithm comes running out of left field and changes the game, what we live with every day.  Sure trending offers good insight and has value for sure but what they do with the data and how it gets translated is where the murky water starts. 

Check out the Algo Duping/Killer Algorithm  page if you want to see some examples on how we all get duped and plan on some time to watch the videos and you will get the idea of the processes as it’s a hard thing for consumers and others to get your head around as it’s all intangible analytics that affect what we can and can’t do in the tangible world.  Again the formulas and math can and do clash with the real world so maybe time to give this a little more thought in business?  It sounds good to me but I’m only one person and it takes maturity and a sense of realism instead of the rush for profit to make it work.  You can’t take conflicting models and push them together and think you will have success as it’s a battle of the profit algorithms right now.  Hospitals are tangibles and provide “human” services and there’s no way they can compete with the sometimes fantasy projections of other entities.  As I said a while back banks and insurance companies are really not much more than software companies that control a lot of money and move it for profit.  As long as they are in control and write the code for profit with fantasy numbers we are pretty much stuck as it is modeled for inequality and dead patients can’t be re-admitted.  

Below is my take on the Baucus “train wreck”, it’s a technology problem.  BD

Baucus “Train Wreck” Is a Technology Issue, In Other Words We Have a “Model Train” Problem Embedded With Code and Algorithms Colliding For Profit Versus Functionality And Standards

DALLAS • Tenet Healthcare Corp. said Tuesday that it lost $88 million in the first quarter, hurt by hefty charges and a drop in inpatient admissions.

The earnings beat Wall Street predictions, while revenue fell slightly short.

The Dallas-based hospital operator’s loss attributable to common shareholders amounted to 85 cents per share and contrasted with net income of $58 million, or 53 cents per share, in the same quarter of 2012.

Excluding impairments, restructuring charges, acquisition-related costs and a debt-related loss, the company said it posted adjusted earnings from continuing operations of 33 cents per share.

http://www.stltoday.com/business/local/tenet-healthcare-posts-m-q-loss/article_a3b074a2-6bf8-5708-99b1-2cbd97cfee91.html

How to Help a Family or Loved One In Need CauseWish CrowdFunding (Guest Post)

This is a guest post from the owner of CauseWish, a crowd funding website and if you look on my right hand side you can see mine cause I have set up with another site.  Mine is for help with medical bills and funeral expenses as my mother just died of cancer.  I helped spread the word of GoFundMe and here’s another site to consider for Crowdfunding, CauseWish. 

Medical Quack “GoFundMe” Outreach Personal Crowd Fundraising For Medical And Funeral Bills- Mother Passed Away From Cancer

Sandip Sekhon is the owner of CauseWish and wrote to me asking for a post and of course if you read here you know I’m always trying to pass good information along to help all.  Below is his information and links to the site and he does include funerals under his site for funding too.  If you watched the money raised for the victims in Boston then you might have an idea on how this works.  Today sties such as these are more important than ever as inequality continues to grow in the US as banks and corporations have modeled it that way sadly.  Here’s the information from CauseWish and the post from the owner of the site and I hope it proves to be useful to those who read here.  BD 

How to Help a Family or Loved One In Need

When you see a family or loved one in need one of the first questions you imagemight ask is “Can I do anything to help?” And if part of their ‘need’ involves financial expenses, as would be the case during the medical challenge or the passing of a loved one, there is something very significant you can do.

You could create an online fundraising page to benefit the individual or family. Websites such as medical fundraising website CauseWish specialize in these types of online fundraising campaigns.

Before starting out, use your judgment to decide if you should get approval from the beneficiary beforehand. If they are clearly facing significant financial difficulties then it’s most likely that any help you can provide will be greatly appreciated. However, if the cause is very sensitive it’s worth mentioning the fundraiser to them and simply letting them know that loved ones are coming together to raise money.

Fundraising for loved ones is extremely helpful. Not only because of the money raised, but also because you’ll be putting in your time and effort into starting, promoting and managing the campaign. Something that is hard to do when someone is going through a difficult time.

image

Furthermore, the words of love and encouragement provide that much needed support.

When creating your fundraising page, make sure you tell donors who you are and exactly how you’re related to the beneficiary. Also, explain when the funds will be transferred across. Naturally, those who don’t know you and come across the fundraising page might feel wary about donating – you need to help alleviate these concerns.

If possible, during the fundraising campaign get updates from the beneficiary and share these on the page. That’ll create more of a personal connection with donors and increase the chances that others will contribute too.

Finally, in addition to fundraising to alleviate the financial burden, think of what else you and others might be able to do to help the family or loved one in need. Here are some other ideas:

· Simply spend more time with them. Just being there can make a big difference.

· Run errands and take care of other day-to-day duties. This will help them to focus on healing.

· Rally other friends and family members together so that when you’re not available, others are.

· Help organize or set an action plan for them to progress. For example, if they’re going through a medical challenge research the best treatment options and hospitals.

I hope this provides you with a good action plan for helping a loved one in need.

Do you have any other ideas on how to help someone facing a medical or related challenge? Leave your thoughts in the comments.


Former Goldman Programmer Still on the Hook for Code Theft, Perhaps Is It Time to Talk About the Model He Was Writing Code For To Finally Figure Out If That Code Had “Real” Value?

There’s been a lot of talk and especially here at this blog about the “models” that are used for software.  The Quants are at the top of the ladder here with having the talent to create the models and then the programmers follow up with creating the software and code that is used to execute the mathematical models.  I have not seen or heard much about what model he was programming for or exactly what area of their IT infrastructure he was in.  There’s a good video that explains this with actual quants who model discuss how this works and another player who is programmer that want to be a quant.  If you don’t understand this process it’s a great video and the only one I have found to where the layman can understand some of how the big banks and companies use math formulas to move money, as that’s what they do.  The Quants video will fill you in and again it would be interesting to see what area he worked in with programming at Goldman.  With Sergey Aleynikov you are dealing with a very intelligent person here and you really need a jury of “technologists’ to fairly hear the case in my opinion. 

Sergey Aleynikov Files Suit Against Goldman Sachs For $2.4 Million to Recover Court Costs and Refuses New York State Plea Offer To Admit to Stealing Trading Computer Code

He did have his one case overturned by one judge who apparently has some technical understanding and knowledge.  Again without knowing exactly what type of code was taken, and it could have been a lump of commonly used repetitive code that many companies use over and over as a component of the entire software program or web based website running the algorithms.  This is why I ask that we perhaps inquire about what “model” was being used.  You could throw a bunch of code in front of a non tech jury and they wouldn’t know the difference here. 

Goldman Sachs Programmer Who Went to Jail for Stealing Code Has His Conviction Overturned–You Can’t Get A Jury of Peers Off the Street for Crimes With High Tech Algos

Modeling and coding is just beginning to come into the spot light with questions being asked and it’s a good thing as models and code run on servers 24/7 and make life impacting decisions about all of us.  I for one would really like to know what kind of model he was coding for and I’m sure I’m not alone as I’m like everyone else who wants the truth and this “truth” is a lot more technical than most can understand.  Actually in the modeling end of the business, the quants are getting a little nervous I guess for lack of a better word to describe as the functions they provide with models has changed so much over the last few years from efficiencies to models that make money.  In short they want their jobs and don’t want to be in a position to where they have someone higher above advising use of a model that may not work or might be erroneous or just flat out lie.  So again this could be a good time to open the full book to see the entire story. 

Big Data–The Data Science Code of Ethics-Designed By Those Who Create Models - Don’t Fall Victim To Write Fictitious Code and Models Just to Make Money With Clients Demanding Such

Here’s a couple sample lines below of what I am talking about with a code of ethics so again in trying to figure out exactly what kind of code and the real value here it would be helpful to see what type of model he was perhaps programming for? 

(b) A data scientist shall rate the quality of data and disclose such rating to client to enable client to make informed decisions. The data scientist understands that bad or uncertain data quality may compromise data science professional practice and may communicate a false reality or promote an illusion of understanding. The data scientist shall take reasonable measures to protect the client from relying and making decisions based on bad or uncertain data quality.

(d) If a data scientist reasonably believes a client is misusing data science to communicate a false reality or promote an illusion of understanding, the data scientist shall take reasonable remedial measures, including disclosure to the client, and including, if necessary, disclosure to the proper authorities. The data scientist shall take reasonable measures to persuade the client to use data science appropriately.”

As mentioned, this is far above the comprehension of any jury that does not have some technical knowledge…in other words…need specific peers if you will.  After watching the PBS special “The Untouchables” and listening to DOJ Manny who displayed not one bit of confidence with crimes that involve software and models, this is what brings me to needing further attention in this case.  I have seen it too many times to where people are “duped” into a story and they buy in and the real criminals that hire the talent walk.  In addition, which this is a bit odd, but I agree with these Australian bankers too that half of the analytics purchased will be a waste of time and so many are still throwing code against the wall to see if it sticks with big data and trying their hands at modeling non linear data. 

Half of Analytics Investments By Companies and Banks Will Be a Waste–What Do We Analyze with Big Data and Does It Have Value–Some Algo Fairies Would Do Better at Disneyland…

So what do you think?  Are going to go the whole gambit here and dissect a Goldman model?  Sure some are probably laughing and some might think this article belongs in the trash too, but at any rate, if the state is going to pursue this and “really” prove the value of the data he took since the feds have already over turned this, let’s dig up the models and see exactly what kind of Goldman Model he was programming for and see what the “real” value of the code is or was.  Inquiring minds would like to know.  More good videos on this topic are in the footer of this blog and most are where the layman can understand most of it or take a visit over to the Algo Duping page for a few more videos that help explain what’s going on here and let’s get a jury of programmers and quants to officially put this to bed and get the real truth!  BD 


(Reuters) - A former Goldman Sachs Group Inc computer programmer failed to win the dismissal of charges by Manhattan's district attorney of stealing secret trading code, despite having earlier had his federal conviction over the same activity thrown out.

In a decision made public on Tuesday, New York State Supreme Court Justice Ronald Zweibel said the former programmer, Sergey Aleynikov, did not show that the charges brought by Manhattan District Attorney Cyrus Vance Jr amounted to double jeopardy, or were part of a "vindictive prosecution" justifying dismissal.

"We are in the process of reviewing the opinion, and are confident that Mr. Aleynikov will again be vindicated," Aleynikov's lawyer Kevin Marino said in a phone interview about the decision, which is dated April 5.

"Even assuming, as defendant does, that the timing of this indictment, coupled with the defendant's successful appeal of his federal court conviction, raises an inference that the prosecution may have been motivated for vindictive reasons, these factors along do not create a presumption of vindictiveness," Zweibel wrote.

http://www.reuters.com/article/2013/04/30/us-goldman-aleynikov-idUSBRE93T16E20130430?feedType=RSS&feedName=technologyNews

MMRGlobal and Chinese EMR to Integrate MyMedicalRecords PHR Using HL7 Technologies

It sounds very similar to what is occurring here in the US and as the press release below notes the original contract was just to sell the MyMedicalRecords PHR in China and now the integration of both will happen with Unis-Tonghe licensing the technology using HL7 standards.  The EMR system will populate the PHR system to include doctor’s notes, which we don’t always get all the records here in the US in our PHR.  That’s a discussion for another day and has been on this blog before too.  The company is also releasing their first HL7 connection with EHR company 4Medica in the US.

MyMedicalRecord PHR To Begin Offering HL7 Connections to Connect/Interchange With EHRs and EMRs And Push PDF Documents In April

In addition the company has licensing agreements with 4Medica, Interbit Data and a few others while patent complaints continue with Walgreens and WebMD and several other large organizations.  I have a back link to the listing of the MMR Global patents here on a back link.  BD


LOS ANGELES, CA -- (Marketwired) -- 04/30/13 -- MMRGlobal, Inc. (OTCQB: MMRF) ("MMR") and Unis-Tonghe Technology (Zhengzhou) Co., Ltd. ("UNIS") today announced that the two companies will begin offering an Electronic Medical Records ("EMR") system with an integrated MyMedicalRecords Personal Health Record ("PHR") to be sold through the two companies previously announced Joint Venture, Unis Tonghe MMR International Health Management Service Co., Ltd. ("UNIS/MMR"). MMR will begin building the first integrated version of the system in the U.S. working with licensees and existing strategic business partners. The platform will utilize MMR's patented PHR systems to offer two-way connectivity with any EMR or EHR system in hospitals and other ambulatory care centers. The system will also use an integrated HL7 interface to populate data from the UNIS/MMR system directly to patients through their PHR including chart notes, lab test results, medication lists and other discrete protected patient data. The Joint Venture was formally submitted for approval to the Chinese government in 2011 to operate in China through 2042.

The primary focus of meetings between Luo Jianhui, Unisoft Group/Unis-Tonghe Technology Vice President and Chairman, and Robert H. Lorsch, MMRGlobal CEO, taking place in Los Angeles Sunday through today, was to discuss offering the turnkey solution in the Asia Pacific region using MMR's patented technologies to integrate with a the UNIS/MMR platform. This enables the venture to offer services in Asia Pacific countries where MMR holds existing patents on its medical records systems IP. According to Mr. Lorsch, "The Joint Venture was originally formed to only sell MMR's patented Personal Health Record technologies under license to the JV. The plan was for the JV to sell the UNIS/MMR products and services to hospitals, physician groups and consumers in China. However, at this time both sides see a benefit in delivering a total turnkey system which includes MMR PHRs integrated into the system. As the health Information technology market in China continues to evolve, we are preparing to offer a comprehensive solution to the market."

http://phx.corporate-ir.net/phoenix.zhtml?c=178404&p=irol-newsArticle&ID=1812939&highlight=

FDA Approves Plan B One Step Contraceptive Without a Prescription for Women 15 Years or Older Honoring the Original Teva Application as Legal Ruling in April Opened the Door

You may or may not remember how this one went down but HHS Secretary Sebelius decided to step in here and over rule the imageFDA but then a judge over ruled her.  It was political and just a weird thing the way she played it out publicly I thought as the FDA works for HHS and that was in poor taste but the judge said it better than anyone else when he reversed that decision. 

“Judge Korman also raised the issue of politics, saying that Ms. Sebelius’s decision was “politically motivated, scientifically unjustified, and contrary to agency precedent.”

Judge Orders Morning After Pill to be Available for All Ages, Thus Nullifying HHS 2011 Recommendation to Restrict That Countered FDA Recommended Approval–Science Prevails

I had my comments too back in 2009 and probably more than me are getting a little more critical these days as that GOP thing seems to be spreading to the DOJ too with some of what I am reading in the news today too.  The link below is one which many commented on who have tech backgrounds and found it odd, and again in my opinion showed a bit of lack of knowledge here with what technology can do, hospitals and doctors learned to bill better and then the following month we had the big announcement of the record amounts of money recouped with fraud efforts…folks that have no hands on with some area of technology themselves say silly things and run scared as data mechanics knowledge goes a long ways with more than just knowledge, you think more logically too.  Did that to me. 

HHS and DOJ Send Letters to Hospital Trade Associations Warning of Gaming Billing System Via Use of Electronic Medical Records–Hospitals Just Learned How to Bill Better & Hired Consultants–Case of Being Algo Duped With Numbers?

So Teva let their application stand as filed and who know what the next approval might be with age limits…the judge opened the door.  BD


The U.S. Food and Drug Administration today announced that it has approved an amended application submitted by Teva Women’s Health, Inc. to market Plan B One-Step (active ingredient levonorgestrel) for use without a prescription by women 15 years of age and older.
After the FDA did not approve Teva’s application to make Plan B One-Step available over-the-counter for all females of reproductive age in December 2011, the company submitted an amended application to make the product available for women 15 years of age and older without a prescription.
The product will now be labeled “not for sale to those under 15 years of age *proof of age required* not for sale where age cannot be verified.” Plan B One-Step will be packaged with a product code prompting a cashier to request and verify the customer’s age. A customer who cannot provide age verification will not be able to purchase the product. In addition, Teva has arranged to have a security tag placed on all product cartons to prevent theft.

http://www.fda.gov/NewsEvents/Newsroom/PressAnnouncements/ucm350230.htm

Jawbone Buys BodyMedia. Launches New “Up App” Platform–Partnerships Allow for More of Your Data and Profiles To Be Sold As Data Selling Epidemic Continues to Grow

All of these tracking devices are nice and offer a lot of information.  I look at the practical side here from a couple views.  I see people buying them and using for a while but then it also seems like there’s a period to where the “novelty” wears off too, in other words used it for a while and then people are so busy today with other items and keeping up with analytics and other software items that they just put it aside.  Use it for a while and then it gets put away.  We do that with a lot of things we buy though, not just tracking devices and there’s so many out there.  I have heard this a lot with Fitbit.  A consumer uses it for a while and then they get tired of it, bored with it or flat out just don’t use it anymore for other reasons. 

In the privacy area it’s really just kind of too bad that this entire industry model was built and evolves around selling your data or data profiles.  This model has been around for quite a while, since devices with web connections started and I have covered that here, again in my advocacy for the consumer to let people know how this all works so they can make a decision and are informed all the way around about their data. 

I spoke from the beginning that to have such devices connect without a web app to a non tethered PHR would be great, that way the consumer has their data and can make a decision on what they want to share instead of being “up for sale” just by using a device.  Here’s a flash back to 2009 below where I spoke about this, so here we are 4 years later and the data collection and selling has become even more profitable and luring.  I basically said the same thing back then, look around for a device that doesn’t have a “date selling web app or site” attached to it so you are in control.   Those are getting harder to find today too, as everyone wants to make a buck on data. 

Fitbit Wireless Device Monitors your Daily Activity and Movements Released

This is further evidenced here with activities as such with both medical device and consumer device companies joining health insurance trade groups as we all know that’s where the the big fear is today as health insurance companies want every stick of data they can get about you and how they use it and it’s accuracy is the big question.  

Medical Device Companies Joining America’s Health Insurance Plans Trade Association (Lobbyists), Affiliations Allow for More Data Selling Between Both Entities–The Epidemic Continues to Grow

Red Brick is another company that has Target as a big account that gives out some type of benefit for those employees who use tracking devices and I said the same thing there as well. Red Brick uses Ingenix analytics (a division of United Healthcare now called Optum) for a lot of their Health IT analytics. See there you go with a connection to an insurance subsidiary that you didn’t know existed so again with all the data out there, how and does a subsidiary report it back to another subsidiary, like a wellness group and how does this float over to the health insurance area? Good questions right? We know that United is very interested in devices as they have their own cheap hearing aid business going and I have had posts to where that has been used to lure seniors at times with getting basically a “free” one if they enroll and take out a policy and then they have other owned entities too with biometrics.

The case in point here I’m making are the ties to insurance companies if not directly then via subsidiaries that collect, mine and analyze data.  We read all the time today about complexities in business models this is it right here where subsidiaries can function in areas where a corporate or other owned entity can’t but what happens with the data, only the shadow knows as nobody tracks any of this and government is bliss.  Billions and billions of easy profits are made selling data.  I found this article interesting of late to where Blue Cross and United were named as they are buying your MasterCard and Visa records from the banks, see they are all in on the profits. When confronted Blue Cross stated they were mining the data to see if any of their members were buying clothes a size larger.  I don’t know about you but weight and obesity are pretty visible and you don’t find humans being able to hide it very well, plus claims have your weight and other related information there too, so pretty weak reasoning if you ask me.

Insurance Companies Are Buying Up Consumer Spending Data-Time is Here to License and Tax the Data Sellers-As Insurers Sell Tons of Data, Gets Flawed Data When Data Buyers Uses Out of Context Too

What they do have let’s say  are records of where you buy your gas, where you buy your clothes and yes by chance did this consumer buy a Fitbit or any other device that sends data?  Think about it for a moment and browse through the want ads and see what kind of jobs insurance companies are looking to fill, there are numerous data mining, analytics and other related types of jobs out there in big numbers, again an observation and connecting some dots as to what’s going on in the real world, public information.  Like I keep saying this is a data selling “epidemic” as non linear methodologies are being explored to find that one tiny connection that might be there.  If you want to learn more about how some of this works I have a page with videos created by folks smarter than me that explain this and it fits both the financial world as well as healthcare as both are connected at the hip anyway today, so read up on Algo Duping and watch the videos when you have time. 

As a matter of fact I made a post that was somewhat satire about data addiction and abuse being the next upcoming 12 step program too back in 2009 and well what do you think?  Are we about there:)  I revisited this and another topic after the Madoff case and the total embarrassment of the SEC with not being up to date with technology and not even knowing how to talk about looking at whistle blower material that was given to them.  I said we need a Department of Algorithms as way in 2009 I could see the corruption developing and I’m not that smart and anyone in technology can see the same thing but I guess I might be a lone person who talks about it in a way the layman can understand.  It’s out there alright and I’m just connecting dots. 

Does the US Government Need a Department of Modeling and Algorithms–Is Data Addiction and Abuse the Next Up and Coming 12 Step Program, Some Classic Posts & Topics Revisited

Here’s an example of someone saying it so many words too, company and bank algorithms are becoming law and the government has not a clue or maybe lacks the intelligence to pay attention?  I keep saying Congress needs to re-institute the Office of Technology Assessment and agree with the Sunshine Foundation because I have never seen such a lost group in my life and it scares me to see some of their reasoning as it’s just so off base and not in touch with reality at all and they waste time with women’s health issues as that’s about the highest level of comprehension I guess we can see and it makes great OMG media, which is a farce of sorts. 

So coming back around you have proprietary algorithms running these devices and their data and the news announcement says they are going to expand upon it too.  It’s the data folks for profit.  I just looked around the BodyMedia page and noticed on the partner page, Walgreens.  According to their 2010 SEC statement they made short of $800 million selling data, so what’s that tell you?  They have been selling prescription data like all other drug stores and PBMS for years but now they get your purchase information and could query that with your other purchases, they could sell that to a device company like these, or these folks could sell it to them, it’s going on like crazy out there and you have no clue as you can never find a “privacy statement” that you can understand.  It’s those complexities that everyone talks about in the news that make money, so here you go, prime example.  I’m sure I’ll make no friends pointing this out but it is what it is and you can make your own educated choice with devices.  That’s the way it should be. 

image

There’s a lot of patents involved here too and I’m going into that discussion today as that’s a whole different topic.  I looked at the Jawbone privacy page too and in so many complicated words they are telling you they are selling data.  Again it’s written by an attorney I would guess and so here we go again with disclosures for consumers.  You are not going to get much either from the Consumer Financial Protection Agency either as you have the wrong man for the job stumbling around and creating a huge data base to study as he doesn’t have any hands on and has no clue.  This is not a personal attack on him at all, just wrong person with the skills to see what is really happening,image he’s duped too and thinks that building a big data base might make him look like he’s doing something which he is, but go to talk to the people that build the models and they can tell him exactly how this works and how consumers interact with the software, duh?  The algorithms are set to execute and with choices made they put out the data, what’s so difficult about this?  Again the folks that build it know and it’s not going to vary much as algorithms do as they are programmed, it’s not a human.

Richard Cordray, Fail With Understanding Flawed Models and Algorithms -Big Case of“Algo Duping”With Big Data-Save Time, Hire Quants Who Know How Consumer Financial Models Are Built and Function…Geez

Gizmodo did a good article too not too long ago on the data sellers and they focus on some of the same items too.  The New York Times this week did an article too and what you find is that you get the information in story fashion, which is good as that’s what journalists do and I commented further on it and you can read that at the link below.  I don’t really tell stories just prefer to get right to the bottom line on how it affects you.  How did that data get out there, you were sold, sold and sold again.  Also worth mentioning when data is queried with other data and stored on servers, what’s their security?  We don’t know so with all of this you now have a bigger exposure to breaches too, no brain surgeon to figure that one out as the more that’s out there, more to be hacked. 

Data Floating Around the Web and You Don’t Know How It Got There? Time to License and Excise Tax Data Sellers–Identify “Flawed Data” Epidemic At The Root of the Problem

The amount of flawed data is growing too so the data selling epidemic creates issues here too as once a flawed piece of data is sold and sold, it’s all over the place and while banks and big companies profit in the billions here, when they mess up, who gets to take time on their own dime to fix it, us, the consumers so they get free labor in essence there as well as we are all guilty with the data selling game.  Again I’m just pointing out to help educate folks on what goes on so it’s your decision with devices and so you know up front that your data or profile will be sold and queried, it is what it is and then you get marketed to death!  I expect a ton of it with my blog as yes I get tons and sift through the garbage but just be aware too that your opening a door for some of this yourself.  Here’s where this is attacking seniors too with all of this. 

I found one good video that included corporate IT and tech folks sitting around an discussing what they are doing to find value with big data, and they don’t know and throwing stuff against the wall. (link below) When you hear the folks from NASA and T-Mobile talking here it adds credibility to the unknowns with a lot of data and of course the marketing tells you “all of it has value” which it does not so here we are trying to figure out if it has value and if on the other side we are falling into a data selling routine as analytics can and do use analytics out of context to make money.  I had an exchange of information with an incognito banker who agrees with me on a lot of this and the fact that banks and health insurance companies are pretty just software companies that have models and algorithms that move a lot of money, in their directions:)

Big Data/Analytics If Used Out of Context and Without True Values Stand To Be A Huge Discriminatory Practice Against Consumers–More Honest Data Scientists Needed to Formulate Accuracy/Value To Keep Algo Duping For Profit Out of the Game

Inequality has been modeled this way by banks and companies on purpose and again we have nobody at any government level with a clue and glad some of the major media is covering some of this.  Been at this blog with that problem for 3 years and counting:)  Privacy laws and bills are a waste of time without incorporating  the data selling element since this is the biggest abusing element done for profit.  Scroll down and watch the videos in the footer if you want a little more education on this topic too.  So again when you use one of these devices just be aware that more than likely your data will be up for sale and who knows how far it will go and where it will appear and what analytics will be used to judge you as there’s nobody asking about the value of the complex analytics and big corporate profits are made this way. Great video at the link below that also explains from a former Quant on Wall Street who worked with Larry Summers, and it’s a good one and she’s honest and knows her stuff.  You do have to kind of chuckle though with her personal comments about Larry which not really bad but she’s being logical with her observations and she tells you how she was hired to do a job to help with risk and how nobody used the numbers, so legal bases get covered having someone on staff in one area, oh and I do like the comments too about the red and blue graphs:)  Anyone in technology or analytics will enjoy those in the video.  This is all very well modeled here and it makes huge profits selling our data and you have no clue. 

Modeling for Inequality With Segmentation, Insurance Industry Uses Backwards Segmentation As Some Models Stand to Threaten Overall Democracy

All of this can make you crazy and then we hear HHS wanting to speed up Health IT?  Get a clue the short order code kitchen burned down a few years ago, so again we have folks that don’t’ understand the big picture here with what goes on “behind closed server doors” if you will, but it appears this the model that most are using so just be aware when your data pops up in unusual places and again I stand by my idea from a couple years ago that gets reiterated here often enough about licensing and excise taxing data sellers.  It’s time if anyone wants to do anything to help consumers.  As a side note too, here’s kind of a funny error factor with Google Plus and their data to where their algorithms thought I was a real duck and said my name was not compliant with their algorithms, and of course they fixed it, but not before I had to file an appeal with Google, the big data conglomerate too, so it happens.  We know Google sells data too so with all the social networks they are all being more cognizant of being able to match your real name, to sell more data.  Here’s the plan for the data sellers (links below) and seems extremely fair to me and it can also help fund  the FDA and the NIH as those are consumer agencies we need.  BD

Time Has Come to License and Tax the Data Sellers of the Web, Companies, Banks, Social Networks..Any One Making a Profit-Latest Microsoft/Google Privacy War Helping the Cause –Consumers Deserve to Know What Is Being Sold and To Who in a Searchable Format
“Devaluate the Algorithm” And “Tax the Data Sellers”–A Cure for Both Healthcare and an Economy Based Heavily on Intangibles–We’ve Lost Our Balance

“You can do anything with software”, quote from Mike Osinski who wrote the software that all the banks used and modified for the sub prime loans and he’s right, and he also says what many others including myself have said “it doesn’t always play out in the human world as designed in the fantasy world of developers”, something we need to all be aware of, and the video can been seen here.  Again, everyone has their choice to make when it comes to software, devices, etc. and I’m just educating on how the data mechanics work and why you see some of what you see and hear out there today, and more so how your data ends up in places you have never seen or heard of, the data selling business that creates huge bank and corporate profits with maximizing intangible data for dollars.  BD


The company announced today that it’s acquiring BodyMedia, creator of sophisticated health tracking devices used on the TV show The Biggest Loser. Additionally, Jawbone is launching an app platform for its Up health wristband today, allowing third-party companies to integrate their services with Jawbone’s data.

“BodyMedia has created one of the world’s largest libraries of raw and real-world human sensor data with 500 trillion data points,” noted Jawbone’s Travis Bogard, VP of product management and strategy, in an interview with VentureBeat (emphasis ours). That figure alone should tell you why Jawbone was eager to snap up BodyMedia.

http://venturebeat.com/2013/04/30/jawbone-takes-a-big-bite-out-of-health-tech-acquires-bodymedia-launches-up-app-platform/#OT3rjers1ptOqBwS.99

Kcentra Approved by the FDA to Reverse the Effects of Warfarin

It is pretty common knowledge that Warfarin can be difficult to regulate and if the blood gets too thin, we now have an antidote.  There are two newer drugs where you can read below that Kcentra does not work as they are a different class of blood thinners.  As the article states there are some other reversal agents but the new drug, Kcentra is stated to be much faster acting.  BD 


  Ever since the drug warfarin was discovered to be a highly effective anti-clotting agent as well as a good rat poison in the early 1950s, it has been the frontline weapon in preventing stroke among those with atrial fibrillation. But its growing use has always raised the specter of dangerously hard-to-stanch bleeding if someone taking it is wounded or bleeds internally from a fall or a car accident.

Roughly six decades after its introduction, Kcentra imagehas been approved by the Food and Drug Administration. It's a new product designed to quickly reverse the effects of warfarin. The prothrombin complex concentrate is made from the pooled plasma of healthy donors, and it joins a cluster of other "reversal agents" capable of restoring coagulation, including vitamin K and fresh-frozen plasma, in people who take warfarin.

The new agent does not, however, work to reverse the effects of two anticoagulants that are new to the market -- dabigatran (marketed as Pradaxa) or rivaroxaban (marketed as Xarelto). Last year, a case study in the Journal of Neurosurgery underscored that physicians still lack reversal agents that can restore coagulation in patients taking these new medications, with sometimes deadly results.

http://www.latimes.com/news/science/sciencenow/la-sci-fda-reverse-anticoagulation-20130429,0,1131227.story

Bayer Buys Conceptus Contraception Device Company for Around a Billion

You may or may not have heard of the product but it is a device that functions like having one’s tubes tied to prevent an egg from traveling via the fallopian tubes except the procedure can be performed in the doctor’simage office and it is a permanent solution.  Essure is the name of the product and it has been around for while.  This was a bidding situation where Bayer won the bid and is paying a pretty good price for the company and Bayer has it’s own contraception products, Yaz for one so it would seem this company would be in the same product group.  BD


Bayer AG (BAYN) agreed to buy Conceptus Inc. (CPTS) for about $1.1 billion in cash to add a permanent contraception device to complement the German company’s offerings in women’s health.

Revenue for Conceptus’s Essure contraceptive, a pair of flexible metal and fiber coils inserted in the fallopian tubes, jumped 22 imagepercent in the first quarter. The planned acquisition comes at a time when sales of Leverkusen, Germany-based Bayer’s Yaz and Yasmin oral birth-control pills are falling because of competition from low-priced copies. Bayer also sells the Natazia pill and intrauterine devices such as Mirena.

Bayer will probably need to promote Essure, expanding its global reach, to justify the price of the acquisition, Alistair Campbell, an analyst at Berenberg Bank in London, said in a telephone interview.

U.S. regulators approved the device in 2002. It provides permanent contraception, much in the way tubal ligation does. Unlike that procedure, though, it requires neither surgery nor general anesthesia.

http://www.bloomberg.com/news/2013-04-29/bayer-to-buy-conceptus-to-add-contraceptive-procedure.html