CMS Discovers That Insurers Offering Medicare Advantage “Really Know How To Sharp Shoot A Model With Adjusting Risk For Profit”, A Common Everyday Occurrence in Financial Markets… CMS Discovers That Insurers Offering Medicare Advantage “Really Know How To Sharp Shoot A Model With Adjusting Risk For Profit”, A Common Everyday Occurrence in Financial Markets…

I’ve written about that topic many times and it’s the fudgy gray areas modeled by Quants usually in their business models and subprime could...

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Thursday, August 07, 2014

Canadian Drug Stores Still Doing a Booming Business as Some Drugs Are Vanishing from Pharmacy Benefit Managers and Are Too Expensive for Medicare Participants.. Canadian Drug Stores Still Doing a Booming Business as Some Drugs Are Vanishing from Pharmacy Benefit Managers and Are Too Expensive for Medicare Participants..

This is a good story right here about Advair.  As mentioned the drug company recovered their R and D cost a long time ago, so what do they d...

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Thursday, August 07, 2014

Patients In Tennessee Speak Out About United Healthcare Firing Their Doctors As the Effort Continues To Reduce Their Own In House Overhead With Managing Fewer Doctor NPI Accounts, Contracts and Billing…More Killer Algorithms At Work Hurting Seniors Patients In Tennessee Speak Out About United Healthcare Firing Their Doctors As the Effort Continues To Reduce Their Own In House Overhead With Managing Fewer Doctor NPI Accounts, Contracts and Billing…More Killer Algorithms At Work Hurting Seniors

This is getting old and it really sucks as when you listen to the video the one doctor asks what he can do to stay in network and will work ...

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Wednesday, August 06, 2014

FDA Authorizes Use of Non Approved Ebola Virus Test - Special Emergency Use Provision FDA Authorizes Use of Non Approved Ebola Virus Test - Special Emergency Use Provision

A vaccine doesn’t look to be on track until the end of 2015 but at least the test is available.  The outbreak in the US would be extremely r...

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Wednesday, August 06, 2014

MMRGlobal Files 3rd Brief, Court Hearing Coming Up In A Couple Weeks Regarding Patent Infringements MMRGlobal Files 3rd Brief, Court Hearing Coming Up In A Couple Weeks Regarding Patent Infringements

The MMRGlobal patent disputes have been continuing for a couple of years now and I was curious to take a look and see if I could understand ...

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Wednesday, August 06, 2014

Craig Venter Hires Top Computer Scientist From Google To Decipher Hundreds of Thousand of Human Genomes Craig Venter Hires Top Computer Scientist From Google To Decipher Hundreds of Thousand of Human Genomes

The quest here is to help with the tremendous amounts of data with examining microbiomes t o determine how they affect our health.  The data...

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Wednesday, August 06, 2014

Community Health System To Pay $98 Million For Charges of Systematically Over Admitting Patients Community Health System To Pay $98 Million For Charges of Systematically Over Admitting Patients

A nurse and a doctor were the whistle blowers here and worked in the ER room at a hospital in Philadelphia and at a medical center in Tennes...

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Tuesday, August 05, 2014

Biggest Healthcare Real Estate Deal in 3 Years as NorthStar Reality Acquires Griffin-American Healthcare REIT - $4 Billion in Cash Biggest Healthcare Real Estate Deal in 3 Years as NorthStar Reality Acquires Griffin-American Healthcare REIT - $4 Billion in Cash

The properties consist of doctor’s offices and senior facilities.  Big corporations are going to own all of those too and Griffin is the la...

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Tuesday, August 05, 2014

Cerner Buys Siemens Health Services for $1.3 Billion Cerner Buys Siemens Health Services for $1.3 Billion

In case you missed this today and here’s a couple back links I have about Siemens below, so I guess Cerner now has access to the the implant...

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Tuesday, August 05, 2014

Wearables Again, Consumers Are Not Going There Until We Get Some Transparency and Privacy Efforts As We Know There’s Data Being Collected But We Don’t Know Where It Goes… Wearables Again, Consumers Are Not Going There Until We Get Some Transparency and Privacy Efforts As We Know There’s Data Being Collected But We Don’t Know Where It Goes…

Every day there’s at least 2-20 articles about wearables and here’s one more.  If I have to sit down and read some complex privacy statement...

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Monday, August 04, 2014

Anthem Blue Cross & Blue Shield of California Going to Create “Yet Another Big Data Base of Patient Medical Records” - Be Ready for Premiums to Go Up As Health IT Eats Up the Healthcare System Anthem Blue Cross & Blue Shield of California Going to Create “Yet Another Big Data Base of Patient Medical Records” - Be Ready for Premiums to Go Up As Health IT Eats Up the Healthcare System

Will this reduce costs?  Heck no as it will be expensive to maintain and there will be down times and besides so many doctors are on electro...

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Monday, August 04, 2014

VA Is Not Going to Lose Their Bonuses After All - But A Cap of $360 Million Annually Will Be Applied VA Is Not Going to Lose Their Bonuses After All - But A Cap of $360 Million Annually Will Be Applied

$360 million is still a good size dollar amount to pay out a lot of bonuses.  This was the compromised bill with the House and Senate after ...

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Sunday, August 03, 2014

Private Equity Firms Exploring Options to Buy Old Drug Brands From GlaxoSmithKline and Sanofi, Glaxo Has Already Opened the Door Asking For Bids From PE Firms Private Equity Firms Exploring Options to Buy Old Drug Brands From GlaxoSmithKline and Sanofi, Glaxo Has Already Opened the Door Asking For Bids From PE Firms

When talking about “older” drug brands, most of what we are seeing here are drugs have expired patents so there’s generics available.  Some ...

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Sunday, August 03, 2014

“It’s A Big Club And You Aint In It” George Carlin - How the US Economy Works Today… “It’s A Big Club And You Aint In It” George Carlin - How the US Economy Works Today…

Watch for the “F” Bombs and when you watch this again, it’s amazing how in tune George Carlin was.  This is exactly what we have out there t...

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Sunday, August 03, 2014

Transparency And Privacy Campaign - Need to License All Who Sell Data So We Know Who They Are - Why All Privacy Laws have Failed, We Have No Index…Please Help.. Transparency And Privacy Campaign - Need to License All Who Sell Data So We Know Who They Are - Why All Privacy Laws have Failed, We Have No Index…Please Help..

Think of it if you will of all the different entities that have to be licensed and this makes sense.  What if stock brokers were not license...

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Saturday, August 02, 2014

Doctors With Serious Sanctions Running Clinical Trials in the US And Sites Such As Healthgrades and Vitals Show No Sanctions at All So You Can Get Fooled Easily Doctors With Serious Sanctions Running Clinical Trials in the US And Sites Such As Healthgrades and Vitals Show No Sanctions at All So You Can Get Fooled Easily

This is a great in depth long article but well worth reading.  I included just a few paragraphs below and this is a big problem with doctor...

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Saturday, August 02, 2014

Population Health, How It’s Really Supposed to Work Using Logic, Clinical Data And Patient Dignity To Improve Care, ACO Money Is Optional… Population Health, How It’s Really Supposed to Work Using Logic, Clinical Data And Patient Dignity To Improve Care, ACO Money Is Optional…

Population Health is part of an Accountable Care Organization and when used properly without folks going off the cliff analytics it can work...

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Saturday, August 02, 2014

FDA Approves Another New Diabetes 2 Drug FDA Approves Another New Diabetes 2 Drug

There’s no shortage on the attack of diabetes 2 and drugs that are used to combat it.  Just recently we had another drug approved and both a...

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Friday, August 01, 2014

The Four Models of Bundled Care - 3 Year CMS Algorithmic Patient Care Improvement Initiative, Yet One More Model To Enrich Health IT Profits With Complexities, Variables Will Kill This Model In Time… The Four Models of Bundled Care - 3 Year CMS Algorithmic Patient Care Improvement Initiative, Yet One More Model To Enrich Health IT Profits With Complexities, Variables Will Kill This Model In Time…

This is a new initiative from Medicare and if you thought coding was complex now, wait until this kicks in.  Of course we all want to save m...

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Friday, August 01, 2014

MyMedicalRecords, PHR In A Box Now Available at Drugstore.Com (Subsidiary of Walgreens) MyMedicalRecords, PHR In A Box Now Available at Drugstore.Com (Subsidiary of Walgreens)

If you read here at the Medical Quack then you might remember MMRGlobal not too long ago settled a patent dispute with Walgreens and part of...

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Friday, August 01, 2014

Molina Healthcare Buys Up Healthy Palm Beaches HMO in Florida Molina Healthcare Buys Up Healthy Palm Beaches HMO in Florida

Molina Healthcare is located in Long Beach, CA and has had some rough bumps with contracts and much of it related to technology with losing ...

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Friday, August 01, 2014
 
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