Nobody likes taxes but it’s a topic up for discussion all the time. Mining and selling of consumer data is so engrained in the current world of business and it’s the companies that benefit. Right now 
some need power in New York for one example and as mentioned in the title many of the consumers affected by the hurricane have already been products that have been bought and sold. As we have seen the economy depends largely on IT infrastructure in New York and that dependence exists in other places as well, and who benefits the most, companies, banks, other businesses. Is there a way for them to pay for their use of modern day technologies..nope.
Consumers pay for highways every time we buy a tire or go to the gas pumps so it’s about time we look at IT infrastructure an creating a source of revenue to maintain as well. It’s the same thing and the economy doesn’t work without it. This is a topic I have blogged about frequently here with tapping into this area as it is so profitable for companies to mine and sell data and as consumers we are finding their error rates climbing and we, as consumers and on our own dime have to fix everything banks,corporations, etc. foul up and it’s been going on a long time and with flawed data on the rise with some less than credible data services being sold at times, it’s an expense that is dumped on the consumer, even though we are earning less money today and holding more than one job to just exist.
It’s not fair and equitable to even dump more responsibility on the consumer for corporate America data flaws and to deny services and credit for one example. Setting up a quarterly tax and license is not a difficult model as we can pretty much base it on the model used for
sales tax and being it would be brand new and not have to be built from existing technologies, the up and running time could be pretty fast. You can’t help but think about this when you see the likes (and this is just one example, link below) of stingy little companies like this that have found a way to operate outside the regulation of the federal government and make millions. As a consumer you can’t even see what they send out about you. Is this fair..no. These folks were Chapter 42 of my Attack of the Killer Algorithm series and there’s more like them out there.
E-Scoring Credit Algorithms Invisible To Consumers Used to Market and Evaluate, Does Not Fall Under Federal Law And Such Are Used by Insurance Companies - How Will This Work With Exchanges –Attack of the Killer Algorithms Chapter 42
This topic was also Chapter 17 of the Killer Algorithm series. When you read in the news about companies being more profitable than ever, well this is a big chunk of it, banks too.
Start Licensing and Taxing the Data Sellers of the Internet Making Billions of Profit Dollars Mining “Free Taxpayer Data”–Attack of the Killer Algorithms Chapter 17 - “Occupy Algorithms”– Help Stop Inequality in the US
Behavioral analytics is huge area for abuse and that’s not to say it’s all bad because it’s not but people abuse it like anything else, they write some code, write a study to substantiate their math and off they go. Do we know they are gaining any “real” value here? So much of it is information from the web and people lie their asses off on this part of the data, so credible in all area..nope and in some areas you have been “duped” and it goes something like this…
”Hey dude let’s crunch some numbers and see if we can come up with some analytics to sell”
I read a lot of the comments on the web from various sources and it’s even out there with people commenting on the fact that they are tired of reading predictions as they don’t work and this make being an economist a very tough job today for sure, as things change with the drop of an algorithm. It’s really time to start separating some of garbage out there from what does have value and by licensing and taxing them we will not only gain revenue but it will put the “slick data willies” on alert.
I keep giving the public example of Walgreens making short 
of $800 million in 2010 from just selling data only and that example alone can demonstrate how much available money there is to tax..billions and billions. It would algo give the consumer a break to have a federal page where companies, banks, etc. were required to disclose what kind of data they sell and to who. Think all these formulas you see out there today are credible..wake up. In healthcare Cuomo proved it with the algorithms United Healthcare used for 15 years to short pay doctors and hospitals, remember that one and the class action suit finally settled and I think payments were made but again most took the amount United figured they owed them as this situation went so far back neither the doctors or the hospitals had the time and money to pull up and generate all the records for a larger claim, so they won again with the algorithms. Watch this video and see gullible we are. I have used it many times here as it applies.
Big Data, Flawed Data, Business Intelligence, Where’s The Future and What Has Been Our Past…A World With ”Algo Duping” of Society and Consumers
We talk about the algos on the stock market, well they get you in every day life as well and the accuracy is getting worse, again that non credible data that gets sold as a Pandora’s box for knowledge. There’s 4 videos on this blog on the left hand side, watch them and get educated as to why this data selling tax should exist. In the wake of the hurricane damage in New York, one more great example to have this as who benefits, banks and companies. Should we plan for funds to cover disasters, I think so and those who mine and sell the data off our backs are making millions off the free data sounds like a good place for me and read through the series on the Attacks of the Killer Algorithms if you will to understand how this works behind the scenes, you do not see it, hear it but go try to buy a car, a house or get any loan and the potentially flawed information is there having you guilty of data you never created that is potentially full of flaws.
Attack of the Killer Algorithms–Digest & Links for All Chapters–on How Math and Crafty Formulas Today Running on Servers 24/7 Make Life Impacting Decisions About You
How do you feel as a consumer knowing that corporations are all getting richer and with this and nobody pays attention and the government certainly is not a getting a share to have funding to help with disasters nor to help fund the NIH and FDA. The GOP in Congress doesn’t seem to have a clue and even in my area the representative’s office seems to be more concerned about their tomatoes they grow n the patio. Some of these businesses can’t wait to get up and running with the disaster in New York, they are not making money not having access to mine and sell your data. Here’s where I commented on relief to the FDA and NIH with such a tax.
One More Good Reason to Tax the Data Sellers– Create Additional Funding for the NIH and FDA From Sources That Otherwise Are Too Greedy to Share & Contribute
Long and short of all of this, we’ve been Algo Duped and where the money in a time of disaster that could help those who have been hurt…
data miners have already made money off their backs and time for a tax for this benefit it is stand continue, which it will as you can’t stop it as Congress seems to think but you and certainly get smart and use some current day methodologies to tax and get some revenue. Fight fire with fire. You never know who reads your stuff on the web at times but I had some nice comments on this one from Nielsen. They would tune in here as they are rating game folks.
Big Data, Flawed Data, Business Intelligence, Where’s The Future and What Has Been Our Past…A World With ”Algo Duping” of Society and Consumers
Yesterday, a study about “math”making you hurt…a little write up on it and from I see just from writing this blog, consumers, the media, everyone runs from this topic so maybe they are on to something. The media today chases the OMG and the drama queen stories like crazy and if you look hard enough you will find a few that don’t and they are valuable reporters that investigate issues and still work on “reality” stories and I’m glad some of those folks are still around. The OMG journalists at times get old and too many of the articles reported lack facts and just serve as a distraction with nonsense that stirs you up but gives you no direction to go.
“Algo Duping” – PLOS One Journal Publication Explains Why The Fear of Math Plays a Big Role As One Underlying Reason We All Get Duped And Those Who Don’t Fear Math Take All the Money, Gradually, Using “Mathematical Formulas & Algorithms”
Time to excise tax the data sellers who get their data for nothing (off the taxpayer’s backs) and their profits for free. It’s time they pay their share so we have funds for disasters, for the NIH and the FDA as we need this and some are not paying their share but are rather greedily profiting. One more shade of greed that maybe is finally coming to light once you realize what goes on with servers operating 24/7 with mining and working your data and dumping out flawed data created by the Killer Algorithms. You almost can’t find another tax resource area that is as big as this and sits under everyone’s nose because its invisible, but it does exist. Take some aspirin for for the pain and let’s gets smart and put the responsibility where it belong and help the companies who make tangibles expand and create jobs so they can compete the stingy billionaire data selling data mining businesses. BD
This could go on forever when you run analytics and you might spend a couple million on the project to get back a half a million so does that make sense? Last month we had this statement and again it is due to the election for the most part as costs went up and let’s don’t mention that more doctors and hospitals are using electronic medical records that connect to coding systems so they get it right according to the rules established by the doctors and hospitals. 
what do you think they would do? A business if it was not profitable and poured too big of an expense and hassle on their clients would probably move on. Hospitalists go through this re-admissions documentation all the time and shoot even the hospitals and doctors have trouble understanding what insurers want and don’t get straight answers either, because of complexities. 
on for lifetimes. Here’s an example with Mayo clinic. Upon discovering a billing error in 2007, Mayo promptly corrected it and voluntarily refunded $262,975 to the government. This case looks like the needed more money to pay the whistleblowers and it settled up with Mayo paying $1 million on top of what they originally paid. You just have to ask since this began in 2007 was all this time and effort and paperwork to get $1 million worth it? It was a billing error. This is what I mean by shifting money back and forth and it went on for 5 years. Mayo sent money, take it and settle the case and move on. 
New York which has been known over the years for it’s psychiatric care but they do a lot more. If the hospital can re-open in 2 or e 3 weeks it will be doing good with the extensive damage suffered. There were over 700 patients in the hospital when the evacuation began. The national guard was called in to form a bucket brigade to get fuel to the generators. There was no power and plumbing. 
approved for distribution of injectable drugs. The company has the same owners as NECC and was actually a spin off of that company a few years back as business was good. Ameridose has already ceased manufacturing in light of the NECC situation. Ameridose is contacting customers and sending information on how to return the products. In the past it was noted there was one issue with sterility a few years ago at the plant and this recall is precautionary. 
. A complete list of all products subject to this recall can be accessed at 
has been a flurry of “private” exchanges, some run by insurer subsidiary companies appear. This just goes to reinstate how things move rapidly in the world today and don’t stay the same for very long. I would guess insurers want every opportunity they can to have exposure to consumers to get their product offerings out there, but how this rolls out, we just don’t know yet. Are the exchanges going to be productive and carry a model that works? We don’t know. When you remove the over glorified word “exchange” it still health insurance contracts and a few weeks ago I wrote an article about the negotiations of such are “just a bitch” which I think pretty well describes is with the number of disputed health insurance contracts in the news. 
carrier hiring the former executive from HHS accredited with writing a lot of the Affordable Care Act on their payroll at a VP now? It just makes one wonder what the other insurers might have to say about this? Are lawsuits and hiring former Assistant Attorney Generals as general counsel and other examples of such becoming the norm? It’s all about those algorithms for profit, created by Quants for banks and companies with CEOs that can’t even begin to explain to consumers and Congress for that matter as to how they work. Scroll down and look to the left on this blog for some great educational videos and see if you have been duped a bit and see how fictional math enters into corporate business models today. Here’s some back links on this topic. 
see this is a subsidiary of Wellpoint now since they bough the company. Later down the road will folks remember that Wellpoint owns Bloom, maybe and maybe not, but if profit arise, it will be noted on those quarterly reports and conference calls. Also don’t forget that with the bidding process, insurers now own a great number of HMOs across the country too, and big ones, so there’s a little note of interest there as well. 
real tired of corporate America making more difficult for me as a consumer and the lack of Algorithm knowledge in the government as they are fighting with one hand tied behind their backs. Consumers all hate math for the most part and dive into the OMG news in the press and the media drives so much of this and it keeps all of us distracted as to what’s really happening behind the scenes and this keeps the disparity alive in the US as you are 
a few other areas that were affected. Of course getting patients out of the facility was the number one priority but there were a couple reports of some of the other items that are of importance as well. Long Island Jewish Health System had their back up generators working but the data center that handles the medical records had issues and the Staten Island Hospital had to go back to paper records. Sunrise Clinical Manager from what was Eclipsys was the system installed and is now part of Allscripts. The NYU hospital websites as of this morning still appears to be down with a message that gives you an update on where they are in coping with the storm. 
scientists were rolling a big freezer -- the size of a big refrigerator -- to an area of the hospital with emergency power, the source told the News. 
TEVA and this seems go along with what others pharmaceutical companies are doing as far as diversifying as prescription drugs come off patent. Most of the Schiff products are sold in retail locations with Costco and Wal-Mart have the lion’s share of the business and I see their products in Grocery stores too. 
nutritional products," Tarang Amin, president and CEO of Schiff, said in a prepared statement. "We are focused on building premium brands and leading innovation. We believe Bayer is well positioned to take our leading brands to the next level." 
to sift down to what they need and where they need it without a huge amount of time and effort. Memorial Sloan-Kettering made their announcement and their focus with IBM Watson is cancer. In Los Angeles we have Wellpoint footing the bill for use at Cedar Sinai Medical Center. The research of this is great to help treat patients and I hope that the clinical focus with IBM Watson stays at the front of the game and it doesn’t get diluted into a “payers” game with doing least cost routing and using algorithms to put patients and doctors where they would rather not be. 
The human quants have done fairly well up to now and use a lot of fictitious formulas to create profits with “desired” results taking over where accuracy should be the front concern. 
presentation states. Yes we have financial slant here with the information offered asking “what is my financial exposure” as seen on the website. They have apps for patients, Big Patients (I don’t it is meant for the overweight but rather playing on big data) And Clinical GPS. The more I look at the various software platforms out there I realize how much the US spends being the only country in the world that ties ICD codes to reimbursement. No wonder other countries move faster on some of this as the US needs jillions of more queries and data sets to make our stuff work and when we go to the new ICD 10 system, we’ll be catching up with writing the additional code and software and if you have not noticed, there’s tons of software out there already for that purpose too. 
![EZClaim[4]](http://lh4.ggpht.com/_v3zjJigoAPE/TG1-9etl5ZI/AAAAAAAAgqg/CRMlet5Pi5k/EZClaim44.png?imgmax=800 "EZClaim[4]")
Math–This Could be a Subject for Michael Moore to Explore and Document In a Movie
Screenings Too–Killer Algorithms Part 12–Medical Billing Codes Style
Assessing Consumer Credit Scores–Attack of the Killer Algorithms Chapter 21 With Flawed Data
Duping” Society Combined With A World of Rogue Algorithms & Flawed Data Continues In Markets As Seen With Knight Capital This Week-Attack of the Killer Algorithms Chapter 36
Study Fraud With EHR Technologies, Namely Medical Records/Billing Software Used by Hospitals– HHS And SEC Continue Getting Their Non-Algorithmic Fannies Kicked–Attack of the Killer Algorithms Chapter 46
SilverScript Senior Drug Program Sanctioned by Medicare Until the Payment And Billing Algorithms are Cleaned Up-Killer Algorithms Chapter 53
