Wall Street banks owe the American people tens of trillions of dollars in fraud-------more trillions of dollars in damages------in other words, they are a bankrupt ward of the state. THE AMERICAN PEOPLE OWN WALL STREET BANKS FOLKS. We simply need to get rid of their politicians working to protect those fraudulent gains and VOILA! We have a first world democratic society with an economy fueled by domestic businesses and a middle-class. If your pundit, politician, or media outlet claims the middle-class is dead and is not SHOUTING-----SHOW ME THE RECOVERED FRAUD-----STOP LISTENING TO THEM---THEY WORK FOR GLOBAL CORPORATIONS.
Below you see from where the American people rebuild the public sector and all of our local, state, and Federal infrastructure......and Baltimore City is ground zero for the frauds and ground zero for reclaiming the assets of those institutions defrauding. Today I would like to look at Baltimore being the platform for building and expanding Expanded and Improved Medicare for All-----OUR PUBLIC HEALTH STRUCTURE GLOBAL POLS ARE TRYING TO DISMANTLE.
WHO SUPPORTS THE PROTECTION OF OUR MEDICARE SYSTEM? ALMOST ALL AMERICANS BOTH REPUBLICAN AND DEMOCRATIC VOTERS. WHO IS TRYING TO DISMANTLE IT? A FEW THOUSAND PEOPLE WORKING FOR GLOBAL CORPORATIONS.
Goldman Sachs restricts intern workday to 17 hours in wake of burnout death The benevolent firm introduced new work hours for summer interns after Bank of America Merrill Lynch intern died from seizure induced by all-nighters
Goldman Sachs rolled out its new work hours ‘to improve the overall work experience of our interns’.
Photograph: Richard Drew/AP Rupert Neate in New York
@RupertNeate Wednesday 17 June 2015 17.32 EDT Last modified on Wednesday 17 June 2015 21.03 EDT
Go home before midnight, and don’t come back before 7am. Goldman Sachs – one of Wall Street’s toughest firms – has told interns they have got to work hard, but not too hard.
The new rules, introduced for this summer’s crop of investment banking interns, have been introduced “to improve the overall work experience of our interns”, a Goldman Sachs spokesman said. All of its summer interns across the world were informed of the new working hours rule on their first day in the office earlier this month.
Wall Street’s shift to caring capitalism comes in the wake of the death of a 21-year-old Bank of America Merrill Lynch intern who had regularly pulled all-nighters in a desperate bid to impress his bosses.
Moritz Erhardt was found dead in the shower at his London accommodation after working 72 hours straight. An inquest found he died of an epileptic seizure that could have been a triggered by his long working hours.
Shortly after Erhardt’s death, Goldman Sach’s chief executive Lloyd Blankfein told his interns that they shouldn’t give over their whole lives to the firm. “You have to be interesting, you have to have interests away from the narrow thing of what you do,” he said. “You have to be somebody who somebody else wants to talk to.”
As I said above------the desire to protect Medicare is supported by almost all voters. Expanded and Improved Medicare for All would cover senior care facilities and would do so providing adequate resources. Americans are being made to think there is not enough funding to allow all citizens equal care and this makes people feel others need to be excluded.
Oh, look!! It seems the Federal government now allows Federal grants to international students of mostly Ivy League schools while all of the financial aid and grants to Americans are drying up. Bringing doctors from overseas to the US to work------recruiting internationally for new doctors-----it seems that most future doctors in the US will not be citizens which would be the goal of global corporate neo-cons and neo-liberals.
FREE MEDICAL SCHOOL FOR ALL QUALIFIED AMERICANS WILL BE ONE STEP IN INSTALLING EXPANDED AND IMPROVED MEDICARE FOR ALL! BALTIMORE IS GROUND ZERO FOR THE FRAUD AND WILL BE PERFECT FOR THIS POLICY!
With Ivy League universities being big winners in the last decades of fraud and with Obama and Congress sending hundreds of billions of dollars to build research and health facilities mostly on Ivy League university campuses----and with Ivy League universities being corporate R and D in patenting research paid for by our tax dollars----they can now operate as global corporations and give their own grants and financial aid----
BUT YOUR CONGRESSIONAL NEO-LIBERALS AND OBAMA ADDED FEDERAL GRANTS AND FINANCIAL AID TO FOREIGN MEDICAL STUDENTS BECAUSE AMERICANS ARE JUST NOT SMART ENOUGH TO BE DOCTORS!
Oh, look! There is Wells Fargo funding financial grants and aid to international Medical Students when they owe the American people a trillion dollars in fraud---don't you think these grants need to go to American students!!!
MAKE IT HAPPEN IN YOUR STATE!
2013-07-31 Paying for medical school
By Marek Svoboda
As I mentioned in the previous post about Medical schools that admit international students (and also in my post in Student Union, the student blog of Voice of America), one of the main reasons for low admission statistics for non-US citizens is that internationals attending American medical programs do not receive financial aid or loans from the government that Americans are eligible for. That usually means having to provide one's own funding sources for the entire duration of their studies - and sometimes even the need to prove having enough money (up to total of around $200,000 just for tuition) on one's account at the time of their admission. And that is not easy.
There are, however, several other options to consider.
One of the options for the internationals is to try to apply for slightly more competitive MD/PhD programs that have different sources of funding, which are not governmental, but private. For international students who don't have some $200,000 set aside just for their studies, this might be, paradoxically, a more viable option. Once you get in to such program, you basically don't need to worry about the money. The question is whether you really want to pursue a career of a doctor-scientist (MD/PhD), or just a medical doctor (MD).
[More useful information on MD/PhD programs at MD-PhD.org.]
Institutions providing international loans
Although federal funds are closed to non-US citizens, some institutions do provide loans for international students. Of course, you need to give the money back, but as a medical doctor and alumnus of such university, you hopefully will be able to pay back, and so it is definitely a viable option.
Some loans might be also available from banks and other companies; most of them require a co-signor - an American citizen who would become your guarantee . List of some of them (taken from official websites of medical colleges) is below:
- International Education Financial Aid (IEFA) search
- International Education Finance Corporation (IEFC)
Schools providing scholarships
The best option, of course, is to get into a school that will pay for you. These institutions, however, for this (and many other reasons) are the most competitive ones to get admitted to, and so only a few lucky students can afford to rely on this luxury path. Most of them, moreover, offer some combination of institutional financial aid and private loans:
- Duke University School of Medicine
- Joint MD program of Duke University and the Graduate school of Singapore; required to sign a service commitment agreement for 5 years in Singapore
- Yale School of Medicine
- Geisel School of Medicine, Dartmouth
- Northwestern University Feinberg School of Medicine
- Harvard Medical School
- Columbia University College of Physicians & Surgeons
- Alpert Medical School, Brown University
- Vanderbilt University School of Medicine
- Johns Hopkins University School of Medicine
- Washington University School of Medicine in St. Louis (only merit-based aid available to international students)
- David Geffen School of Medicine, UCLA
- University of Chicago - Pritzker School of Medicine
Many international students forget about the fact that apart from the country they would like to study in (in case of readers of this blog, it's mostly the US), they can also search for funding in countries they come from! Do some research and try to find generous sponsors who are eager to support the talent in you, as a representative of their country. Although it sounds improbably, you might be successful - so far, I know about the following ones:
- Students from the Czech Republic can apply for a scholarship from the Zdeněk Bakala foundation
[The list above is not complete and it is being updated frequently. Please, if you know about any more options listed, let me know in the comments - thank you!!]
: Definition of a co-signer according to InternationalStudentLoan.com: The Co-Signer must be a US citizen or permanent resident, with good credit, income history and who has lived in the USA for the past 2 years.
Cities like Baltimore were ground zero for these frauds of senior and care for the poor-----Johns Hopkins and University of Maryland Medical Center handled the most and we know that is where much of the frauds occurred in Maryland. The solution is to make these health campuses public----UMMS is already state but was given a quasi-governmental status that we need to void. Hopkins and UMMS both have medical schools that can be made free of tuition open to all qualified -----within a handful of years we could graduate plenty of Maryland students quite capable of being doctors all around the state. We don't have a shortfall of qualified candidates for med school-----they deliberately made the process too expensive to limit the numbers graduating.
FREE MED SCHOOL FOR ALL MARYLAND STUDENTS QUALIFYING WILL BE A STEP TOWARDS REPAYING HEALTH INDUSTRY FRAUD!
The Affordable Care Act used 'quality' as a driver for closing what are most local senior care facilities when the only motivation was moving all senior care business to global corporations. In Baltimore, Manor Care is owned by a hedge fund as are these small venues closing around the nation. State and city public facilities for seniors had already been defunded to the point of abusive care-----now Clinton neo-liberals use ACA to hand American seniors to hedge funds-----the only thing worse than defunding local facilities. Think of how Texas used 'quality' to close abortion clinics------the rules never had anything to do with quality----they wanted to make it too expensive to open abortion clinics----that is what the ACA had as a goal for public health facilities.
Most abortion clinics in Texas will be forced to ... www.latimes.com/nation/la-na-texas-abortion-20141002...CachedTexas can enforce its abortion law that will force most clinics to close, an appeals court rules
Turnaround Corner—Troubled or Closing Senior Care Facilities
June 12, 2012 by Alyssa Gerace Comments (0)
Here’s a list of possible turnaround opportunities for senior housing and care facilities, ranging from troubled facilities that have lost or may lose Medicare/Medicaid licensing to places that plan to either privatize or close their doors voluntarily for various reasons.
1. Another Walton Street Capital Property Headed for Receivership After Loan Maturation?
A previous Turnaround Corner featured three senior living communities owned by Walton Street Capital subsidiaries and operated by Senior Lifestyle Corp. that US Bank (the properties’ mortgage lender) had filed to foreclose on. The mortgage on a fourth Walton Street Capital/Senior Lifestyle property (information below) was recently transferred to special servicing. Like the other three properties, its mortgage had a maturity date of 5/1/12.
Name: Glenbrooke at Palm Bay
Classification: Assisted living facility (FloridaHealthFinder.gov listing)
Location: 815 Briar Creek Blvd. NE, Palm Bay, Fla.
Number of Units: 170 units according to a November 2011 Wachovia SEC filing; 60 licensed beds according to the FloridaHealthFinder listing
Owner/Operator: WSL Glenbrooke, LLC/Senior Lifestyle Corp.
Situation: The community’s mortgage has been transferred to special servicing (see above)
Residents: In facility
2. From SteubenCourier.com (New York)--Residents and Employees Want to “Save” Local County Nursing Home
Name: Steuben County Infirmary
Classification: Nursing home (New York Department of Health listing)
Location: 7009 Rumsey Street Extension, Bath, N.Y.
Number of Beds: 105 (Medicare & Medicaid certified)
Operator: Steuben County Department of Social Services
Situation: The county will likely privatize the county-operated healthcare facility, which is running at an approximately $2 million annual deficit.
Residents: In facility
3. From the Tampa Bay Times (Florida)--Two Tampa Bay-Area Nursing Homes Land on Federal Watch List Two Florida nursing homes may lose their Medicare and Medicaid licenses after recent inspections and complaint investigations that have revealed a “host of problems,” reports the Tampa Bay Times. Both facilities recently landed on the federal “special focus facility” list; get more background here.
(a) Name: Lakeshore Villas Health Care Center
Classification: Nonprofit nursing home (FloridaHealthFinder.gov listing)
Location: 16002 Lakeshore Villa Drive, Tampa, Fla.
Number of Beds: 179 (Medicare & Medicaid certified)
Owner: Senior Care Group, Inc.
Situation: See above.
(b) Residents: Lakeshore Villas Health Care Center is about 88% occupied, according to FloridaHealthFinder.gov.
Name: South Heritage Health & Rehabilitation Center
Classification: Nonprofit nursing home (FloridaHealthFinder.gov listing)
Location: 718 Lakeview Ave. S, St. Petersburg, Fla.
Number of Beds: 74 (Medicare & Medicaid certified)
Owner: Senior Health South Heritage, LLC
Situation: See above. License status is currently in litigation.
Residents: South Heritage Health & Rehabilitation Center is about 77.5% occupied, according to FloridaHealthFinder.gov.
4. Sunrise-Managed Senior Housing Condominium in Foreclosure
Senior Housing News recently wrote about The Fox Hill Club & Residences, a luxury senior housing condominium managed by Sunrise Senior Living (NYSE:SRZ). Alex Cooper Auctioneers, Inc. had the property listed for a June 8 foreclosure auction, which ended up being cancelled. More information can be found here.
Name: The Fox Hill Club & Residences
Classification: 60+ retirement community
Location: 8300 Burdette Rd., Bethesda, Md.
Number of Units: 240
Operator: Sunrise Senior Living
Situation: See above, or click here for information on the substitute trustee’s sale.
Residents: Only about half of the community’s units were sold as of March.
'Seizure and Forfeiture of Assets. Within the federal prosecutor's office, the Financial Litigation Unit (FLU) works to uncover any assets the crook may have that could be sold, seized, or forfeited to satisfy the restitution debt. Liens on assets are enforceable for twenty years from the time they are released from prison. Some scammers try to use bankruptcy protection to make it harder for their victims to collect anything but under federal law, they cannot file bankruptcy to discharge their legal obligation to pay court-ordered restitution or civil judgments'.
Below you see where the Affordable Care Act, which pretended to build structures to increase recovery of Medicare and Medicaid fraud actually builds incentives for these frauds to increase. When you consolidate and create a system of payment that gives a bolus of money to be used however that institution wants to---as has been the case in Maryland----the Medicaid and Medicare funding ends up going to the most profitable health care while fraudulent claims are written. We will see fraud soar as public health moves from local health facilities to hedge funds.
RAISE YOUR HANDS IF YOU KNOW HEDGE FUNDS WILL LOOT OUR MEDICARE AND MEDICAID TRUSTS!!!!! EVERYONE.
Maryland was the only state to ask for exemption from Medicare requirements so they could do just what I describe above----and access to what was required by Federal law was ignored. This does not mean Maryland was allowed to deny patients access-----because terms of this exemption inferred that people would get the care they needed.....AND THEY DID NOT.
MARYLAND WAS GROUND ZERO FOR BILLIONS EACH YEAR IN MEDICARE AND MEDICAID FRAUD BY THE SAME HEALTH INSTITUTIONS WRITING MARYLAND HEALTH LAW.
Simply identifying the frauds and allowing Baltimore institutions like Johns Hopkins and UMMS offer free access to all Baltimore citizens to all procedures for a few decades will move towards recovering this fraud. So, Johns Hopkins Medical Hospital would become a public hospital as would Bayview Hospital. Allowing Hopkins to continue its health tourism with portions of the Medical campus would fund open access free care all around. UMMS expanded recently and as UMMS staff shouted----they need to concentrate on care given at the Baltimore facility-----we need those resources brought back to Baltimore as free health care for all brings all Medicare and Medicaid funding to these hospitals and ENDS THE NETWORK OF HEALTH NON-PROFITS.
IF THEY CAN SEIZE A CITIZEN'S ESTATE FOR FAILURE TO PAY HEALTH COSTS----WE CAN SEIZE HOSPITAL ESTATES INVOLVED IN HEALTH FRAUDS.
'So, here’s the deal. There used to be a provision whereby the state could recuperate funds spent on a Medicaid patient post-55 years old from whatever assets he owned. So, a low-income individual in nursing home care after age 55 might pass away and his kids would find out the family home or car of whatever he had to his name had to be bought back from the state if they wanted it. It’s called estate recovery, and sounds pretty shady if it’s not boldly advertised as the terms for Medicaid enrollment, which is most definitely is not'.
Medicaid fraud recovery busted
March 18, 2014 | Anthony Brino, Associate Editor Related News
While Medicaid fraud control units, or MFCUs, have made headway in recent years preventing and catching outright fraud and improper billing schemes, many state fraud control officials have “concerns about a lack of fraud referrals from MCOs,” the HHS Office of the Inspector General wrote in its latest annual report.
The 2013 fiscal year saw a total of $2.5 billion recovered from civil and criminal Medicaid fraud cases, out of some $453 billion in state and federal dollars spent on the program across the country, though this wasn't nearly enough, OIG said.
“Specifically, officials from 21 MFCUs reported that their units received fewer fraud referrals from Medicaid MCOs than the respondents expected on the basis of the number of managed care-covered beneficiaries in their states,” OIG staff wrote. Moreover, they relayed, “only 25 MFCUs reported receiving any referrals from Medicaid MCOs in FY 2013.”
That comes as 37 states are now using Medicaid managed care and as some of the largest states, including Illinois, Florida and Texas, are expanding the use of managed care organizations in efforts to control unpredictable costs and bring more coordinated care to beneficiaries.
Under federal law, Medicaid managed care organizations have to create formal procedures to curb and detect fraudulent and abusive billing, such as through claims edits or retrospective reviews. Some state contracts also require MCOs to report all suspected fraud to state Medicaid agencies and/or the MFCUs.
But why are the referrals of the suspected fraud cases so low?
Some MFCU leaders told the OIG they think that MCOs in states with burgeoning managed care programs are still developing and refining their anti-fraud processes, and others said that MCOs in their states have fairly small staffs assigned to fraud control.
Other MFCU leaders, though, argued that MCOs in some states “lack the incentive to detect and refer potential fraud and may even have an incentive not to do so,” citing comments from some MCO leaders that referrals and investigations can be too time-consuming to justify the benefits — especially if their contracts don’t offer the ability to share in fraud-related recoveries.
“Thus, some MCOs may find it preferable to remove a provider from their networks, rather than compiling supporting documentation and making a fraud referral to the state Medicaid agency or MFCU,” the OIG wrote.
With Medicaid spending promising to remain a huge chunk of state and federal budgets, the OIG is hoping to find ways to increase MCO participation in anti-fraud efforts.
This year, the HHS watchdog is going to evaluate how effectively Medicaid MCOs are identifying and preventing potential fraud and survey the landscape of state policies on requirements and incentives for MCO anti-fraud participation.