Showing posts with label My Commentaries. Show all posts
Showing posts with label My Commentaries. Show all posts

Express Scripts and Medco Get Federal Approval To Merger Valued at $29 Billion - Is It All About Data to sell for Bigger Profits?

This means more mail order prescriptions on the way

eventually as almost all health plans today have one.  I wonder how this affects chain pharmacies like Walgreens who are still disputing contract amounts with Express Scripts.

  Blue Cross members can’t get prescriptions there so now does it all switch over to Medco? 

Express Scripts to buy Medco for $29 Billion–Medco 2nd Quarter Profits Were Down 4% And the Profit Algorithms Once Again Are Hard at Work To Control Costs via Acquisition
 
The initial announcement of Express Scripts was announced in July of 2011.  When you add in Caremark as the other large PBM that’s like a huge amount of the mail in pharma business in the US.



Walgreen Dumps Express Scripts Pharmacy Benefit Manager–Contract Dispute With Reimbursement to Retail Chain Too Low


Now let’s look at something else going on in the drug business with FICO selling software to companies such as PBM managers and now it gets interesting with analytics that are using mismatched data that has been spun and marketed, with FICO claiming they can predict medication adherence.  How man PBMs are buying this and what will it do for access for patients?  This is just one more example on how marketing today puts a wild spin on things and it goes on behind the scenes and denies due to parameters not being met, whatever they are.



FICO Analytics Press Release Marketing Credit Scoring Algorithms to Predict Medication Adherence–Update (Opinion)

One thing to keep in mind today is that with mergers and acquisitions, along comes aggregation of data for analytics and to sell for a profit and PBMs do that big time and companies are making billions selling data so again keep that thought and the acquisitions of today might look a little different to you as if Walgreens in the SEC statement in 2010 made short of $800 million selling data, just think what these two conglomerates make, it makes my head spin and wonder if selling prescriptions is merely the gateway to profits on selling data.  I’m not the first one to say this and I won’t be the last.  If you know math and see that Walgreens number, you can’t over look it.  BD

 



Despite potential antitrust concerns and vocal opposition by some lawmakers and consumer groups, Express Scripts and Medco Health Solutions, two of the nation’s largest pharmacy benefit managers, said Monday that federal regulators had approved their $29 billion merger.

The decision, by the Federal Trade Commission, to let the merger proceed was not unanimous, indicating conflicting views among the agency’s top regulators over whether to challenge — or impose limitations on — the combined company. After eight months of review, the F.T.C. commissioners voted 3-to-1 to close the agency’s investigation.

The acquisition of Medco by Express Scripts, based in St. Louis, creates what is now the industry’s largest player, with $116 billion in 2011 revenue. CVS Caremark, itself the product of a merger between a large drugstore chain and a benefit manager, is now the second-largest competitor with $107 billion in revenues.

Pharmacy benefit managers, known as P.B.M.’s, manage prescription drug plans for employers and insurers. They serve as middlemen between the drug companies and the payers.

Two groups, which represent community pharmacists and chain drugstores that have strenuously objected to the combination, filed a lawsuit last week seeking to block the merger. The National Community Pharmacists Association and the National Association of Chain Drug Stores, which see the combination as problematic for pharmacies, said they planned to pursue their litigation.

http://www.nytimes.com/2012/04/03/business/ftc-approves-merger-of-express-scripts-and-medco.html?_r=1&smid=tw-nytimeshealth&seid=auto

Over Diagnosing for Breast Cancer? Report Suggests Some Treatments Were Not Needed

This is one that I know about through my mother as we had this happen.  It turned out she did not have breast cancer and a “mass” was found.  I’ll make this brief but she imagewas over-diagnosed when the x-ray was blown up to further investigate.  That lead to a biopsy which was also messed up and if she would have gone for treatment for this tiny miniscule mass they found with radiation, she may not be here today at age 87 and this was about 3 years ago when all this occurred. 

Upon consulting with a veteran surgeon who went over everything in detail he said yes she has a mass but it was not cancer and he has done a ton of surgeries for breast cancers so he was experienced. 

He gave her the choice though of having it removed or not and when we discussed it we decided against it and keep in mind too this was at a time when propofol was hard to get all the time and he informed her he would need a “special anesthesiologist” to work with another drug and keep her “under” time down to an absolute minimum as even he knew after seeing her chart that her health was a bit on the fragile side with a long history of blood pressure, heart problems and diabetes. 

After all was said and done the insurance company went back to investigate the original oncologist and radiologist. 


The radiologist had called my mother about her experience with the oncologist as well and about the office since they were new partners.  The radiologist left and went elsewhere and the insurance company ended up fining the oncologist who seemed to be more interested in making my mother a case study than treating her cancer.  This is not representative of most doctors thank goodness and the pressure to sign up after the consult from the messed up biopsy was horrendous.  She could not get out the door without making her appointment for the treatment with the brand new Mammosite machine they had just purchased. 

FDA Clears Hologic's MammoSite(R) Multi Lumen Radiation Therapy – Breast Cancer


She made the appointment, went home and then cancelled the next day and the girl in the office was scared half to death over her job as she was evaluated on her patients relations and bookings for treatments for productivity.  So much for pay for performance at this level I said. 
 

So in summary screenings are still good in my opinion; however involving the patient here as we were with my mother lead to a very different outcome and results from the moment that she was told she had cancer.  Of course she signed all the releases for the doctors stating that she was declining radiation treatment.  After our experience with weighing everything and especially after the consult with the surgeon we felt we made the right decision. 

Again this was a very tiny spot and the following year her mammogram was clear!  But wait, 2 years later next mammogram and they again find a tiny spot and again blew it up to investigate and again I’m not picking apart the procedure or doctors at all, but, it was good to have case history and see almost the exact same thing as what set off whistles and bells 3 years prior and again we stopped there once more and opted out for surgery.  She’s still here today and again I can’t emphasize enough that each case is its own and we were and are lucky but I also understand that this is just her case and everyone needs to get all the information they can and make their own decisions.   BD

(Reuters Health) - A new report suggests that when a breast cancer screening program was rolled out in Norway, up to 10 women were diagnosed and treated for cancer unnecessarily for every breast cancer death that was prevented.

That’s because when doctors screen for cancer in women who don’t have symptoms, it’s impossible for them to tell whether a tumor picked up by mammography will grow quickly into advanced cancer or will only progress slowly or not at all, said lead author Dr. Mette Kalager.


You have to really consider the benefit and the harm against each other, and really think through: what is my risk of dying from breast cancer, and what is my risk of being overdiagnosed?" she said.

http://www.reuters.com/article/2012/04/02/us-breast-cancer-idUSBRE83112U20120402

BATS Stock Exchange IPO Rogue Algos–Attack of the Killer Algorithms Chapter 25–See How Other Killer Algorithms Occur in Every Day Life With Healthcare & Credit

If you haven’t figured this one out yet, it’s about computer code and “rogue” algorithms and this can happen at any time, any place and so forth.  Most all in tech know that even the best engineers cannot predict when and where but they do imagehappen and you can reflect back on the big Amazon cloud disruption that took place last year.  We don’t like it of course but it’s something we have to live with and the folks at BATS were smart in shutting it down immediately and not seeing a a self heal function would take place.  In addition, the circuit breaking “code” algorithms kicked in, which is a good thing.  Smart engineers made the right decisions at BATS and they will have to regroup and make their come back.

This is just one example on how we as consumers are all at the mercy of the Killer Algorithms at some point in time.  When you have servers running 24/7 making life impacting decisions about you that you can’t see, touch or talk to, it is frustrating for sure.  In healthcare, insurance companies live and die by their algorithms which analyze information and categorize almost everything about us. 

The big problem today is “flawed data” gets in there either by accident or by human error, or by a rogue algorithm.  Below is a digest of links and a great video that debunks a lot of the reports and methodologies used at times and how some of the marketing for profits created “designed” algorithms that specifically move money and you don’t even see it. Context is everything today and when we roll in some big data and we have some flaws in the integrity of what gets rolled in, then sometime we can’t see the bottom or the top.  Ever wonder why it takes so long to get errors fixed?  Some folks don’t update frequently enough too.  You just never know when the algos are going to bite. 

Attack of the Killer Algorithms–Digest & Links for All Chapters–How Math and Crafty Formulas Today Running on Servers 24/7 Make Life Impacting Decisions About You–Updated 3-11-2012

This also looks like a good spot to repeat the TED video from Kevin Slavin who talks about how algorithms shape our world.  If you have not seen this video, take a look now at this mini crash and see how Nanex and other companies study these rogue algorithms to find out how the machines with no input do a lot of this.  It’s machine talking to machine and again when human is in there with potential flaws, time to pay a little attention here.

“It’s a bright future if you are an algorithm” but we can’t say the same for humans right now.

This is a good time for me to repeat a link to a post I made 2 years ago and I think we are almost here in needing a Department of Algorithms or something like it very soon.  Business trumps government every time when it comes to algos for profit sadly.  BD

“Department of Algorithms – Do We Need One of These to Regulate Upcoming Laws?
How Algorithms Shape the World

Not only has BATS CEO Joe Ratterman released a letter to investors and clients, when you visit the Lenexa, Kansas firm's web page, you have the option of downloading a PDF explaining what caused the meltdown. If this self-inflected wound weren't damaging enough, the BATS meltdown also drove down Apple's stock price an estimated 9 percent with it before the circuit breakers kicked in.

The BATS IPO auction system glitch played a role in an issue resulting in the halting of Apple Inc.'s stock for five minutes. Three erroneous prints occurred that triggered a single stock circuit breaker for the AAPL ticker. Normal trading in AAPL resumed after the five minute trading pause and the three erroneous trades were later broken.

While it was unfortunate that our issues impacted another security, the industry's single stock circuit breaker system worked as planned and proved that recent improvements in U.S. equity market structure are working as intended.

http://www.advancedtrading.com/blogs/232700223?cid=twt_AT

Discussion on Supreme Court Hearing on Healthcare Reform–How Will This Play Out With Current Day Algorithms of Commerce And Unintended Consequences-Video

Do we think that they are immune from politics is one of the questions discussed here.  Granted there are changes to be made and amendments but to throw out Healthcare revision totally is not wise. When you stop and think of all the unintended consequences that will arise, it’s scary.  Again I go back to reviewing how it will play out with IT infrastructure as that’s what’s running the country anyway once it is put in place. 

You do have to admit as complicated as things are today you have to do your best to look at each portion and what changes would take place.  The business and banking areas are prepared as they always are to adjust their algorithms to maintain profit levels and THEY WILL RUN THEIR ANALYTICS and probably already have done some work in this area with projecting several different outcomes so they can move quickly in whatever direction they need.  It is what it is today with intelligence and formulas.  One health insurance company United recently hired the former US Assistant Attorney General from Minneapolis as a general counsel so that somewhat signals an area of preparedness on the part of big business here. 

Supreme Court Likely to Rule on Healthcare Law Early Next Year–This Gives The Justices Time to Rent Some Computing Space from the DOE As They Will Need It

With other attempted rulings we have had judges with potential conflicts of interest arise and this was mainly due to the fact that there seemed to be a huge neglect of mergers and acquisitions within the industry, which is pretty much still ignored to a degree and not discussed enough. 

3 Judges in Health-Care Lawsuits Caught Up In Potential Conflict of Interest-It’s Called Subsidiary Watch-Be Aware of Your Investments With Mergers and Acquisitions

Last year too I did raise the question of any judge being capable of a decision as it’s not easy and how will the language be interpreted.  Once the text goes into place, next stop is the IT infrastructure and I know many don’t like to hear this or talk about it much but again it’s the reality of world we live in today. 

Healthcare Reform Law– Is Any Judge Fully Capable of A Decision on a Law That is Challenged By Constantly Changing Algorithms?

If the ruling is not modeled correctly with looking at how each part would change and affect consumers and those in the industry, we are in for a huge roller coaster ride and perhaps more of a return to the Wild West.

The Good and the Killer Algorithms will move forward based on rulings and decisions made so again I hope the court is cognizant of this fact in what ever they choose. 

Attack of the Killer Algorithms–Digest & Links for All Chapters–How Math and Crafty Formulas Today Running on Servers 24/7 Make Life Impacting Decisions About You–Updated 3-11-2012

How many laws come to think of it are “unworkable” today?  Intellectual arguments can be made but the ultimate answer here I think is to embrace a single pay system as the bandaids are not working and again economic times have changed since the law was put in place, so to strike it down completely would also be foolish at this point.  We don’t live in times any longer where laws last forever as passed.  BD 

Does Congress have the power to mandate that everyone in the U.S. have health insurance? The Manhattan Institute's Avik Roy and Columbia University's Gillian Metzger discuss the Supreme Court's hearing of the case with WSJ Legal reporter Ashby Jones.

http://online.wsj.com/video/the-constitutionality-of-health-insurance-mandate/5714E905-AFB2-4F72-91DB-51F40A352358.html

“Remote Area Medical–California” Begins Four Day Free Medical Clinic in Oakland–Volunteers Needed

Folks are traveling all the way from Napa to get care at the free medical clinic.  RAM does good work and thank goodness they are here and this is a reminder of the failing healthcare system in the US for sure.

The same problem exists in imageCalifornia as they have had at other free clinics and that is getting enough volunteers.  RAM was just in Sacramento and Oakland last year and has done a lot in California.  RAM has grown to have it’s own California branch so again what does that tell you about people needing medical care and having to go to the Coliseum to get it. 

Remote Area Medical Wraps Up Free Medical Care Clinic in Sacramento and Moves to Oakland For Another 4 Days of Free Care

For additional information you can visit the RAM California website to check on times and dates. Now notice one thing here again, we have a group that is dedicated to California which is part of the over all RAM group, so again the free clinics are growing as our healthcare system continues to fail.  When you watch the video they had to close early as they didn’t have enough volunteers.  BD

OAKLAND, Calif. (KGO) -- An amazing four-day program is underway in Oakland to provide free dental, medical, and vision care.

It is being offered by the Remote Area Medical Foundation (RAM) and imagethe program filled up quickly Thursday. The problem was not the turnout of patients. Instead, it was the lack of doctors that forced them to close down early.

At 3:30 Thursday morning, volunteers handed out 400 numbers to people looking for a free health exam. Some of them camped out for their spot in line. "It's a long wait. It's cold, but it's worth it," one man told ABC7. By 9:00, the clinic was full. "I'm shocked because I came all the way from Napa. I didn't expect it to be closed for the day," Kenneth Profit said.

The problem is not space or lack of equipment. There are plenty of empty dental chairs set up inside the Oakland Coliseum. The issue is finding enough dentists and eye doctors. "We don't have the number of volunteers today that we would hope to have," RAM founder Stan Brock said.

Ann Dukes, R.N., is a manager at Kaiser Hayward, but on Thursday, she was doing triage. "When I'm at Kaiser I'm supervising, not touching per se. Here is hands-on," Dukes said. When asked what kind of satisfaction did that give her, she said, "A lot more than supervising."

http://abclocal.go.com/kgo/story?section=news/local/east_bay&id=8591009

Small Businesses Question Health Insurance Tax Being Affordable–Economics Have Changed Since Law Was Written-Tax “Millionaire Data Sellers” Instead - Much Bigger Pot To Make Up for Lost Budget Funds

If you read here often enough you may have stumbled across my little campaign to tax the profits that banks, corporations, high frequency traders, drugs store chains and so on make getting “data for nothing and the profits for free”.  The potential is huge if Walgreens made just under $800 million on their SEC statement in 2010 and I would almost guess they could have broke a billion in 2011. 

Why should the big conglomerates profit so heavily and the “algorithmically generated profits” be so high?  There’s no incentive to set up factories and hire people when a company can grab a couple programmers, write the web mining algos and start running a few queries and reports and sell the data which they get for free.  We try and base too much of our economy today on algorithms and while we need them, we all need balance with manufacturing too.  You know the best part of this idea is that insurance companies make millions selling data too so maybe a nice little revenue/tax bonus here and they still make enough to keep shareholders happy to boot. 

Here’s my thoughts on this topic and the average consumer has no clue that all this is made as you can’t see, touch, feel or talk to those algorithms but they have teeth and take your money and your data behind scenes if written to “maximize financial dollar profits” whether they are accurate or not.

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

Small businesses are being pinched and this is no exception.  It’s not that the Healthcare Law was bad but the economy evolved and a few modifications are needed, and especially in the math areas.  Nobody is accountable there and with some of the big data capabilities coming in it’s hard to get to the bottom with multiple layers of code running.  By the way thanks to all who are now searching for “The Attack of the Killer Algorithms” on search engines as it looks like that’s becoming a keeper. 


There are many very good provisions of the Healthcare law and who’s the fool that thinks this doesn’t need to be revisited and adjusted all the time, it’s the world we live in so a total repeal like some folks talk just shows a lot digital illiteracy with politicians and lawmakers. 

I said a while back that our new consumer protection chief better have some good understanding of math and algorithms as big business is using all of it for profit. I have no problem with companies making profits but when technological formulas are widening the inequality someone needs to dig in here and get with the math and algos.  The link below has about 20 chapters on the Attack of the Killer Algorithm examples if you want to dive in further and see how formulas that run on servers 24/7 make life impacting decisions about out with a bunch of flawed data in the works.  BD 

President Appoints Richard Cordray as New Consumer Financial Protection Chief - Hope He Knows And Understands Correcting Flawed Math and Formulas To Battle the “Financial Attack of Killer Algorithms” On Consumers With Banks and Corporate USA

Small businesses are very mindful of their spending especially when it comes to healthcare. The Health Insurance Tax that's included in the Patient Protection and Affordable Care Act is raising eyebrows among business owners.

He's talking about the Health Insurance Tax that's included in the Patient Protection and Affordable Care Act.

http://www.khastv.com/news/local/Tax-143727746.html

Healthgrades Hospital Report is Out and Still Think Their Algorithms Needs Work…

This time they appeared not to even touch Massachusetts is appears as last time MDs from some great hospitals were upset they were either not on the list or not ranked properly.  Healthgrades said themselves a while back that their algorithm needs work and now they merged with a marketing company but I wonder how long the rankings here will continue to be of public interest.  I know it’s sure slowed down a lot with consumers I talk to. 

HealthGrades to Merge with CPM Marketing–Will Their Data and Questionable Algorithms Will Be Improved For Consumers?

They have their share of flawed data out there like many who report on healthcare and they were just ahead of the rest when I found my former doctor who has been deceased for 8 years still on their listings.  I know she’s no longer on there but it brought attention to what we get out on the web as far as aggregated data sometimes.  I didn’t see any of the Kaiser Permanente hospital on there either for that matter.  BD 

HealthGrades 'Best Hospital' List Algorithm Needs Work Again - Flawed Data

DENVER, CO – HealthGrades, a provider of consumer healthcare information, named America’s best 50 and 100 hospitals for 2012 in a report issued today.

These hospitals demonstrated superior and sustained clinical quality, ranking them in the top five percent of all hospitals in the nation, according to a press release issued by the company.

Key report findings include:

  • America's 50 and 100 best hospitals are located in 88 cities in 25 states.
  • The majority of America's 50 and 100 best hospitals are nonprofit (87 percent), 7 percent are for profit, and 6 percent are government owned.
  • America's 50 and 100 best hospitals range from 100 beds to more than 500 with 45 percent having less than 350 beds and 55 percent having more than 350 beds.

"As our nation seeks to elevate the quality of care at all hospitals, these elite facilities provide a roadmap for success," said Arshad Rahim, MD, HealthGrades director of accelerated clinical excellence, in a written statement. "Consumers increasingly are demanding greater transparency and quality when selecting healthcare providers. These hospitals are delivering. We commend them for their dedication to excellence in patient care."

http://www.healthcarefinancenews.com/news/healthgrades-names-americas-top-hospitals?page=0,0&topic=19

Robotic Tek Mobilization Device Could Someday Make Wheelchairs Obsolete–The Device Moves Like A Segway and Supports and Uplifts User to Standing Position

The device was created in Turkey and they are looking to market in the US and the price in the article here said around $15k would the cost and so I don’t think the imageScooter Store has to worry too soon about immediate competition.  This would be nice if insurance and Medicare get in the act here with considering the device.

The man in the video has no use of his legs and the chair does it all as far as moving him from a sitting to a standing position. It has controls so you can call it to your bedside or where ever you need to it respond.  This is great watching him get around and go up and down as needed.   It has been through a full set of clinical trials so it’s just about ready to go and will be sold in Turkey this week.  BD 

Wheel Chair substitute

The young man in this video looks like he's riding a Segway. But Yusuf Akturkoglu was paralized after falling from a horse five years ago, and he's being mobilized by an amazing device invented by Turkish scientists. It's going to change lives.image

It's called the Tek Robotic Mobilization Device, and it not only allows people who can't walk get around more independently than any device has before, but it also helps them stand up on their own, which is crucial for maintaining basic health functions in people who have spinal cord injuries.

Instead of entering from the front like a normal wheelchair, people using the Tek RMD enter from the back of the device. That way they don't have to hoist themselves with a momentum that can be dangerous and is next to impossible to do alone. By attaching a thick padded strap around the hips, Yusuf maneuvers himself into the Tek RMD on his own.

The makers of Tek RMD says it's the most compact device of its kind, which allows Yusuf to navigate crowded grocery aisles, libraries, and who knows, Coachella, maybe? All without knocking into the people and things around him. Users still need ramps in place of stairs, but the device eliminates the need for special bathroom stalls and other facilities that allow space for bulky wheelchairs.

http://gizmodo.com/5894489/segway+style-device-for-paraplegics-puts-wheelchairs-to-shame

United Healthcare Secures Tri-Care Military Defense Contract for Western USA Presently Handled by Blue Cross Contractor TriWest

I don’t know if you have followed the Tri-Care bidding processes or not but his has been ongoing with bids, protests, rebids and so on since 2009.  There are 3 areas of the country to where carriers can bid, the northeast, southeast and the west and one carrier cannot have more than one area awarded in a big.  Untied has been very active in all of them and in the southeast won the contract, Human filed a protest and got it back.  So the next move it appears was to focus on the western US and again with hiring the former US Assistant Attorney General from Minnesota I guess they must have covered all the legal ends as you can read the link below to see where United filed suit against the government over the Tri-Care contracts. 

Update: UnitedHealthcare Sues Department of Defense Over Tri-Care Contracts–They Said They Would Do This – Is This A Case Of My Algorithms Are Better Than Yours?

As I read this story it will take a year to wind down and March of 2013 is when the official date is for assuming all the services.  This is a lot of data and medical record information to transfer, as is everything today.  You can read the back link below too and see more about the United protest filed against Humana which was successful in maintaining the contract for the south. 

UnitedHealth Loses Tri-Care Protest Again With Contract Awarded to Humana in the South-Now Protesting Contracts Awarded In Both the South and the Western States

Here we go again with a whistle blower incident with Tri-West and it’s kind of funny as you read that United’s complaint was based on the fact that they felt that Tri-West forced the DOD to focus on costs and not quality of care…well you can read enough here and talk to many primary MDs and find that opinion from many of them as United has actively cut reimbursements and is very aggressive in this area so is the pot calling the kettle black?   HealthNet filed a protest against the award in the northeast and they were able to keep the contract that was awarded to United back in 2010 and HealthNet, not being as large as a conglomerate until the decision was reversed had to sell part of it’s other commercial coverage in northeast to Untied.  image

Humana Keeps Tricare In The South And Back in May of 2010 HealthNet Was Able to Keep the Northeast-Both Companies Filed Appeals

United owns enough companies to pretty much get a cut of the action anywhere they go today to include buying up physicians groups as well and in the OC the activity has been huge with lawsuits here as well with Blue Shield filing one based on issues of causing patients and doctors problems that are in their network.   This even get more interesting as TriWest awarded a 5 year contract to Blue Health Intelligence in September for data analytics and saving money. 

Nobody has been in the game as analytics as long as United who for years through subsidiaries has sold analytics services and software even to other insurance carriers.  We all became aware of this with the big class action lawsuit over the use of the old Ingenix analytics for out of network payments where most carriers subscribed to the data base and formulas created by United.   Here’s where the case of the formulas and algorithms created by United ran up against Andrew Cuomo and lead to the big class action lawsuit with low balling payments to MDs and patients. 

AMA Announced Settlement of Class Action Suit of $350 Million with Ingenix (United Healthcare)

Other lawsuits are still floating around out there on the use of the Ingenix data base which is now Optum and they created it and other insurers licensed and use it.

Ingenix Data Base Has Some Long Reaching Legal Tentacles with Aetna, Blue Cross, Blue Shield, Humana

Here’s a little bit of recent action in the OC with United and/or subsidiaries owning/controlling two of the biggest physician’s groups in southern California. 

United Healthcare Subsidiary MemorialCare Medical Foundation Acquires Nautilus Healthcare Management Who Manages Greater Newport Physicians-MDs Become Part of MemorialCare System–Subsidiary Watch

With all the emphasis on ACOs today, look what’s happening here as well..mixing everyone up and who’s really going to contract with who and what subsidiaries of insurers are involved?  Good questions to ask as now the data for use is caught in the middle, as are doctors and patients. 

Health Insurance Contracts at the OC Corral–Lawsuits, an ACO and A Lot of Mixed Up and Confused Patients As Data Disruption and Patient Care Move Center Stage…

If you haven’t quite figured this out yet, it’s all about money and care comes in here secondary as the money drives who patients can see, what’s approved for medications and so forth so based on lawsuits and contracts this is not doing much in the way of “real” care being in the forefront as it appears to me and more focus seems to be with providing dividends to shareholders, who on day might wake up to the fact that they to be insured by some health insurance company too so this is where the stock goes and just something again shareholders should take note of as far as their personal involvement as this roller coaster ride speeds up. 

United Healthcare Acquisition of Monarch Healthcare HMO Already Causing Confusion and Access Problems for Blue Shield Patients in Orange County

The sometimes scary part too about United is there huge number of subsidiaries so if they lose on one count, there’s a subsidiary they can send in to work on another angle, again all to put more profit to their bottom line.  Below I discussed this a little as they own 3 companies that provide electronic medical records so as a quick example if a doctor needs an EMR to gain stimulus funds as their insurer reimbursements gets cut, does this happen to where 3 potential solution companies that are subsidiaries rush in for that sale? 

Subsidiary Watch-Corporate Conglomerate Insurers Reduce Compensation Contracts Using One Subsidiary Then Market Same MDs With Another Subsidiary in Health IT

In healthcare and in the financial areas today this all getting to be a game of money and Algorithms for either desired or accurate results and they should be the same but they are not always.  I have a series in which I discussed “The Attack of the Killer Algorithms” where I have connected dots on flawed data, and so forth on how this works to sell more software sometimes and how the consumer gets hurt.  What do you do when you can’t see, talk to or touch those algos that are making life impacting decisions about you on servers 24/7?  The link below also has an excellent video that’s an eye opener too on how all analytics are not 100% factual and how marketing spins numbers and moves public opinions based on such and how we get suckered in every day.  image


Attack of the Killer Algorithms–Digest & Links for All Chapters–See How the Math and Crafty Formulas Today Running on Servers 24/7 Make Life Impacting Decisions About You

United with their various subsidiaries to include a bank with over a billion on deposit is showing up in all types of industries…even low income housing.  Recent subsidiaries include a clearinghouse business and in Florida, the purchase of two more HMO companies. 

United Healthcare Gets in The Low Income Housing Business With Partnership to Finance Housing Projects in New Mexico

United Healthcare Buys Two HMOs in Florida–More Cheap or Free Hearing Aids for Seniors Perhaps–Subsidiary Watch

With all these varied subsidiaries, no wonder they hired former US Attorney General in Minnesota for their general counsel as I too sometimes wonder when the “conflicts of interests” or those of a monopoly of business sector questions will arise. They are also duking it out in Kansas and Nebraska for state and employee managed care contractsIn Kansas, Blue Cross who is the largest in that state decided not to even bid, and again when up against the mighty subsidiary powers United has been able to bring in profit dollars from so many different areas from introducing a drug to the FDA all the way down to physician reimbursement, I do wonder how they compete not to mention the draw of the crowd for those cheap hearing aides in some areas. 

In addition a few weeks ago this story was big all over the web with United offering their new Cloud services and going to sell and give away apps…what do they not do?

UnitedHealthCare Launching Cloud Platform Via Optum Subsidiary Will Sell Apps Like the Apple Store But They Won’t Be As Much Fun And Solicit Hospitals for Record Storage

Again if you have been asleep at the wheel, folks in the US don’t normally like to discuss math and algorithms and it works in the background while we get distracted over women’s health issues and abortions that make the news mostly due to the digitally illiterate folks we have in office and  they don’t do math either.  All of this and lack of focus has allowed United to grow behind the scenes and acquire such a huge network of subsidiaries and make lots of money in the intangibles and they have a lot of it and also make million selling our data along the way as well. 

“Numbers Don’t Lie, But People Do”–Radio Interview from Charles Siefe–Journalists Take Note, He Addresses How Marketing And Bogus Statistics Are Sources of Problems That Mislead the Public & Government

So as a company when they feel they have all the math and formulas to run everything this certainly seems to present a case for protests and so forth to government entities that are pretty much blind to how business in the background works today and while our folks in government maintain full levels of distraction and with the media keeping the public tied into the emotional turmoil that they really have no control over, big conglomerates such as United continue to grow and add to their profits and one day someone will wake up and say “how did all this happen”.  Again it’s all about government and consumers being naïve and gullible over a number of years that has allowed this to take place with nobody minding “the intelligence shop” .  

The company via subsidiaries can even introduce a drug to the FDA and has subsidiaries to consult all the way down to MD reimbursements if a perfect contract solution were given where each step was awarded to one of their subsidiaries…kind of scary isn't it but that’s what has been built in the background  is now coming to forefront…again mostly due to folks being asleep at the wheel and living in technical denial.  Below are a couple other subsidiaries you may not be aware of as well…good reading if you want to stay on top of what is controlling everything today…servers and algorithms that makes billions in profits while the general public and lawmakers run from the math and corporations thrive.  BD 

United Healthcare (Optum) Owns A Consulting Firm for FDA Drug and Device Approvals, Clinical Trials–CanReg - Subsidiary Watch

UnitedHealth subsidiary (Ingenix Subsidiary I3) Acquires ChinaGate – Working to Sell Chinese Products Globally

PHOENIX (AP) — Phoenix-based TriWest Healthcare Alliance has lost a $20.5 billion contract to manage health benefits for U.S. military families, and company officials say 1,000 jobs in Arizona are now at risk.
The U.S. Department of Defense announced Friday that it chose UnitedHealth Group over TriWest to serve military family members across 20 western states.
“We are disappointed,” TriWest chief executive David McIntyre said. “We do this work well by every measure. We do it very efficiently for the government.”
TriWest representatives plan to meet with department officials next week to learn why the company did not win the contract, the Arizona Republic reported.

McIntyre said TriWest will file a protest if the company discovers a legitimate reason to do so after meeting with department officials. Otherwise, he said operations will start to wind down after TriWest’s contract with the department ends in March 2013.

In July 2009, the federal government awarded the western region contract to TriWest. It reopened bidding in April 2011 based on UnitedHealth Group’s protest of the contract award. At the time, UnitedHealth Group said the Department of Defense forced contractors to focus on low costs instead of quality care.

In September, TriWest agreed to pay the federal government $10 million to settle whistle-blower claims that the company had failed to pass along discounted rates to the government.
TriWest had been accused of overbilling the federal government for medical services provided to military personnel and their families. From 2004 to 2010, TriWest reportedly submitted claims from health care providers at rates that were more expensive than discounted rates the insurer had negotiated.

http://www.mohavedailynews.com/articles/2012/03/18/news/business/doc4f6597ba5e448967025190.txt

What’s the Value of Social Networking Today And Where the Jobs Are…Healthcare Social Networkers Should Be at the “Premium” End of Compensation..

This is a little off topic here for the Quack but the study is interesting to look at as we have many views of social networking from companies that have used it successfully to grow their business and web presence to those who don’t understand it’s value and where the light bulb has not gone on yet.

Being I am both a blogger and a for hire social networker I thought the graphic supplied here was very much of interest to see what folks in this business get paid.  I say it’s not really rocket science in essence but rather a bit of psychology involved with this as well as you “play to the crowd” to increase readership.  I see many folks out there who don’t get this and use it more so as just “bragging rights” and readers lose interest with those folks quickly as I see it.  Sure there’s some of that to where it is appropriate for announcements, etc. but we see those who do it day in and day out and really don’t get “social” and they end up falling by the wayside much of the time.

It’s a changing field, all the time and the job descriptions for the various areas kind of re-write themselves every day too.  Myself I am always looking for new trends, methodologies, etc. in what I do.  I have a business focus and thus the networks I use may be different than others.  I don’t use Facebook as it ended up taking too much time for me and has a little ROI for traffic in what I do.  Twitter is my favorite and the one I consider that “gives” me time, while most of the others “take” my time.  I am still playing with Google plus as well and it has value as well, but again nobody seems to beat the efficiencies of Twitter with allowing me to work quickly and drill down to relative topics. 

When you look at the pie chart too you will see how this has grown to include various specialty jobs with social networking as well, in other words with big companies as an example you will see more than just “one social networker” who has a focus on a specific area, i.e. you have an over all manager as well as a strategist.  Of course in all of this the SEO specialist plays an important role too as when you have someone who is right in there on the web every day, they are aware of the changes and shifts that sometimes move very quickly. 

Of course in healthcare social networking, due to privacy issues also has some other rules and regulations to be aware of as well.  Last year I did a presentation at e-MDs annual meeting, who is a medical records vendor and we have some real lively discussions and great questions too on how different entities in healthcare can use social networks to increase their business and we talked a lot from the small provider office viewpoint which you really don’t see enough of today as far as discussion as the big business focuses seem to be every so present.

What made this presentation special too was Dr. Deborah Peel was in imageattendance who represents patient privacy efforts and the next Health Privacy Summit scheduled in Washington DC on June 7, 2012 and you can read more here. 

In healthcare, privacy is a big deal with social networking and we had a lot of questions in that area.

e-MDs Annual Meeting - Social Networking In Healthcare Presented By the Medical Quack

At any rate, take a look at the chart below and see how this area is growing and I might mention too that social networkers in healthcare should absolutely be at the premium end of compensation, again due to more rules and regulations to be aware of so as not to violate privacy and other laws out there.  BD 

Social Media Jobs and Salaries Guide
© 2012 Onward Search

Introducing the new Onward Search Social Media Jobs Salary Guide - a comprehensive look at the best job markets, the most in-demand job titles and salary ranges for social media professionals in the top 20 U.S. cities.

http://www.onwardsearch.com/Social-Media-Salaries/

Feds Cut Texas Medicaid Funds Over Exclusion of Planned Parenthood–Stupid Political Battle Over Women’s Health–The “Default” Topic of Digital Illiterate Politicians And Lawmakers Rises Again…

This is sad that the federal funds won’t be going to Texas but really stupid is the stance their Governor took on this.  For the life of me, I can’t figure this out and I’ll return to what I have said before that “abortions” is the “default” topic of the digital illiterates as they seem to always revert back to something that upsets everyone and this does it every time and women suffer from either lack of access or funds. 

Digital Illiteracy Still Plagues Law Makers–Severe Focus on Abortion Rights Proves It–Is This Where Our Lawmaking Knowledge Leaves Off or Even Begins? Scary…

Again it’s the only thing I believe they think they can control.  I have respect for all types of religions too and read today where one business owner was going to sue over contraception with his employee insurance plan.  I guess things could be worse but so far they are not one of the states with jail time for doctors on the books but this makes a point of how stupid this all is and women suffer over dumb male egos.  I liked the bill in Ohio to where the significant other of a man had to verify that he had ED before he could get a prescription of Viagra…don’t think that makes sense?  Well neither does this.  BD 

The Obama administration said Thursday it would stop funding a Texas women's health-care program after the state excluded Planned Parenthood from participating, the latest skirmish in a national battle over reproductive-health coverage.

Texas has received federal funds since 2007 to pay for birth control, health screening and family exams for a subset of low-income women in the federal-state Medicaid program. The state got $34 million last year and provided another $7 million from state coffers for the program, which doesn't apply to all women on Medicaid. More than 100,000 women in the state currently receive the services, at one of hundreds of participating clinics.

The decision comes amid renewed controversy over contraception and abortion, as well as the coming battle at the Supreme Court over the roles of state and federal governments in funding health care.

http://online.wsj.com/article/SB10001424052702303863404577283972576906862.html?mod=googlenews_wsj

Attack of the Killer Algorithms–Digest & Links for All Chapters–How Math and Crafty Formulas Today Running on Servers 24/7 Make Life Impacting Decisions About You–Updated 3-11-2012

If you have not caught up with this yet, I started this series by accident as an awareness outreach, I know just like everyone else has out there, but having been a former software writer, hopefully some of this will explain in layman’s terms how some of this works behind the scenes it may offer some answers.  It’s not going to make you happy but it will open your eyes as to how the world of technology functions today with decision making and perhaps give you an idea of where it’s headed too.

I like technology and how it makes me smarter and more observant but as with everything today, there’s the dark side of how formulas and math are used for profit with some very intelligent and crafty programmers and developers out there and we get fooled.  Everything in here is all public knowledge so there was no digging for any exclusive interviews and so forth, just stuff you can find on the web as well and I’m just connecting some “big dots” to where you may not see this otherwise. 

This blog can be a source of discomfort at times as along with years ago in learning about math, code and formulas, it transitioned me into something very scary indeed, a female that uses logic <grin>. 

So if you have wondered why the Medical Quack is different, there you have it and I have to laugh at myself too as I never intended to become logical and think back quite bit of the days before logic entered the picture and those are some fine memories too.  So there you have it, what’s wrong with this blog…<grin> a female using logic.  I have also been pondering this question since August of 2009….this is a “one duck” think tank <grin>.

 

 
“Department of Algorithms – Do We Need One of These to Regulate Upcoming Laws?

 

 

 

 

 

 

 

 

 

 

So without further chat, here’

 

 

s

 

 

the Attacks as I see them as it’s all in the math and formulas…Nothing will happen until new code runs through those servers and I feel this is truly the backbone of what started the “Occupy” movement, frustration and nowhere to go for answers as we have leaders in denial that don’t have a clue of how all of this works.


Occupying Wall Street–It’s All About the “Attack of the Killer Algorithms”–The Unfair and Marketing Exploit of Ethics Using Math–This Could be a Subject for Michael Moore to Explore and Document In a Movie

 

 


 
“Killer Algorithms: Part 2” Disturbing News for Consumers With Credit Scoring Adding New Data Analytics–Some of the Same Methodologies Used by Insurers With Flawed/Potential Erroneous Data–One More Reason to Continue Occupying Wall Street

 
“Attack of the Killer Algorithms” Part 3–Vatican Doesn’t Like It Either–Occupy Wall Street Belongs in New York As They Don’t Do Code or Algorithms in Washington–Only Find time To Talk Abortions

 
Attack of the Killer Algorithms-Occupy Wall Street Part 4 Health Insurance Style - One More App For Folks Who Are Tired of Flawed Algorithms That Require A Ton of Work and Research Time To Create “Perfect” Data Files for Insurers And Others Analytics Processes

 
“Occupy Algorithms”–”The Attack of the Killer Algorithms Part 5” - Nothing Will Improve Until Audits and Actions Takes Place To Correct Formulas Built for Profit Only by Corporations And We Battle Back With Math

 
Attack of the Killer Algorithms Part 6–Discrimination With Consumer Credit-Same As Health Insurance Wanting Consumers to Reconstruct Records From Many Years Past As Middle Class Turns Into Data Chasers-Days of Taking Risks to Get Ahead Will Be Limited For Most…Occupy Algorithms

 
Flawed Data–Mined by Corporations Online Provides Background Checks Riddled With Errors–Attack of the Killer Algorithms Part 7

 
Consumers Lose More Privacy With New CoreLogic Credit Reporting–”Score” Marketed For Insurers and Employers To Gain Information-California Prohibits Potential Employers – From Using As Jan 1 - Killer Algorithms Part 8

 

Freddie Mac Found to be Betting Against Home Owners Being Able to Refinance - “Attack of the Killer Algorithms” On Consumers Part Nine–Home Mortgage Style


 

Komen Reverses Decision With Planned Parenthood–Hard Lesson on How Business Analytics Are Misunderstood And/Or Abused–Attack of the Killer Algorithms Chapter 10


 

Gamification–You Have Won and Now We Know All About You - It Didn’t Cost One Cent-Insurance Companies Have Games To Find Out More About You Too– “Attack of Killer Algorithms” Chapter 11


 

Colonoscopies–The Bait and Switch on Screenings–If Polyps Are Found You Get A Bill-Some Other Screenings Too–Killer Algorithms Part 12–Medical Billing Codes Style

 

Attack of the Killer Algorithms Part 13–Bank of America Style - Flawed Data With Credit Scoring Agencies–Dead Man Banking And Currently A Consumer Under Attack

 
Insurers to Provide User Friendly Summaries of What’s Covered–Good Luck As Constant Revisions Will Be Required as Business Intelligence Algorithms For Profit Change–Attack of the Killer Algorithms Chapter 14

 

Story of Duke University - The Sad Case of Flawed Data Published in Medical Journals That Was Declared Inaccurate 60 Minutes –Attack of the Killer Algorithms Chapter 15

 

Medicare Low Safety Rankings At Harvard Teaching Hospitals Disputed and Flawed–Attack of the Killer Algorithms Chapter 16

 

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

 

Pharmacies File Suit Against Texas Human and Health Services Commission - Managed Care Contracts Begin Delegating Reimbursements Too Soon – Attack of the Killer Algorithms Chapter 18


 

AMA Announces Doctors And Patients Can Expect To See the UnitedHealthCare/Ingenix Class Action Settlement Checks In the Mail Soon - Out of Network Short Payments–Attack of the Killer Algorithms Chapter 19

 

Healthcare Blogger Gets Spammed by Hedge Fund Using Internet “Reputation Restore” With Some Really Bad Algos–Attack of the Killer Algorithms Chapter 20


 

Senator Introduces Bill to Prohibit Companies From Using Medical Debt With Assessing Consumer Credit Scores–Attack of the Killer Algorithms Chapter 21 With Flawed Data


 

IBM Watson Going to Work At Citigroup on Wall Street–Congress Didn’t See Big Data As A Tool (Hadoop Framework) When They Had Their Chance…For Consumers The Attack of the Killer Algorithms–Chapter 22

 

Independent Pharmacies Not Able to Compete with Big Chains and Fear Going Out of Business–They Don’t Have Same High Levels of Data To Sell to Profit- Attack of the Killer Algorithms Chapter 23

 


I think there’s a little bit of something in here for everyone and again I do this as an awareness and how we and our government moves forward with this reality, it remains to be seen if we can scoot around the big white elephant in the living room that nobody can see, touch or talk to <grin> but it roars.  Richard Cordray has his work cut out for him and that is an understatement.   

Also because it belongs here and is on the same topic, when you have time listen in here and see how someone with greater intelligence than myself will help explain how this process works too with marketing, media and flawed data as simple math is no longer 100% credible for proving accuracy.  This is a great lecture given at Google’s offices in New York.  It’s hard to tell the difference sometimes between the good stuff and the algorithms created solely for profit as again their crafters are very good and collaborate with media to ensure we have a full diet every day.  BD 

Context is Everything–More About the Dark Arts of Mathematical Deception–Professor Siefe Lecture Given at Google’s New York Office–Big Healthcare Focus

NYU Siefe talks at Google
 
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