Unclaimed property (UP) is becoming a major issue for the healthcare industry. States are trying to fill budget gaps, and for many states, UP has become the solution. In theory, UP should have zero impact on states, but history has shown the exact opposite. The amount of UP collected by states far exceeds the amount returned to claimants. Currently, states are believed to have over $70 billion in UP sitting in state coffers. Based on past state audits, annual compliance filings by other health care companies, and recent litigation, states recognize that health care is an industry that can be…
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Sydney Danielle Clay, 36, a nurse at Advanced Healthcare of Nashville, reported multiple false allegations against traveling nurse Kaleisha Lacks to human resources on August 8. According to the report, Lacks ignored a patient’s concerns, did not take vital signs on the night of August 8, did not call an ambulance when needed, and did not document the patient’s health complaints. Clay then said the patient was found dead in her bed the next morning due to her neglect. Police officers, TBI agents, and human resources then made an unannounced visit to the facility. There, they spoke with administrators, who…
Anand Prakash is the founder and CEO of WhiteGlove. White Gloves For Anand Prakash, Dropbox and LinkedIn gave birth to WhiteGlove. A new company launched by Silicon Valley veterans emerged from stealth on Wednesday with big promises. In a press release, White Glove touted itself as the industry’s first organization to offer what it calls “the first full-service healthcare concierge for international care coordination.” The company said its mission is to provide a “streamlined approach” to managing the healthcare of loved ones living abroad. White Glove will initially focus on India. Speaking to me over email in an exclusive interview…
After years of concern about reports of nursing home negligence in for-profit facilities, a new study finds that nursing homes, especially in urban areas or part of large chains, are more likely to see an overall decline in the quality of care for residents when a facility changes ownership. In a report published in the August 2024 issue of the Journal of the American Geriatrics Society, researchers noted that many facilities under new ownership have seen a decline in their overall star ratings, which are used to measure the quality of care in nursing homes. Kira L. Riskina and a…
(The opinions and views expressed in the commentaries and letters to the Editor of The Somerville Times belong solely to the authors and do not reflect the views or opinions of The Somerville Times, its staff or publishers) By Senator Patricia D. Jehlen I am Senate chair of the Labor and Workforce Development Committee and the Committee on Elder Affairs. Each of those committees produced a major bill this session which passed the legislature and was signed, or is about to be signed, into law. In an earlier newsletter, I wrote about the Labor Committee’s…
PR NewswireMumbai (Maharashtra) (India), September 11: Dagare, a leading French company in insulation solutions and controlled atmospheres, will participate in the French Healthcare Day 2024 programme organised by Business France India, the French trade commission in India, from September 17 to 19, to demonstrate its interest in entering the Indian market. During the event, Baudouin Fugère des Forts, Head of Exports, will visit India and take part in B2B meetings with key players in the Indian market.Known for its expertise in designing, manufacturing, selling and installing innovative and sustainable solutions worldwide, Dagard is a trusted name, especially in cold rooms,…
DEIR AL-BALA, Gaza Strip (AP) — Israeli airstrikes Gaza Overnight and Wednesday Hits UN school shelters displaced Palestinian families Hospital officials said the blast also flooded two homes, killing at least 34 people, including 19 women and children. A United Nations official said six staff members were among the dead.The war in Gaza is now in its 11th month, leaving tens of thousands dead and prompting international efforts to broker a ceasefire between Israel and Hamas militants. Stuck again and again They are accusing each other of making additional unacceptable demands.In the occupied West Bank, Israeli forces have raided several…
Several family members and a visiting nurse have been arrested in connection with the murder of a 7-year-old boy who was found severely malnourished in Fort Lauderdale on Christmas Day last year. Fort Lauderdale police announced Wednesday that the five arrests are in connection with the Dec. 25, 2023 death of Deonte Atwell. Police and firefighters were dispatched to a home near the 1700 block of Southwest 11th Avenue after reports of Atwell having a medical emergency. Atwell was taken to Broward Health Medical Center, where she was pronounced dead. She had only turned 7 on Dec. 23, two days…
Differences in Medicare priorities To get a sense of what’s at stake for investors at the intersection of business and politics in November, it’s easy to look at specific subsectors. Take Medicare Advantage, for example. The program covers more than 50 percent of the Medicare-eligible population, about 33 million people.3 Medicare Advantage is a type of Medicare health insurance plan offered by private companies that contract with Medicare. Advantage is publicly funded with about $460 billion in Medicare spending but is privately run by for-profit managed care companies. Eddie Yun, portfolio manager at Fidelity Select Healthcare Portfolio (), notes that…
Firefighters responded to a home at Northeast 176th Avenue and Northeast Flanders Street, where the roof of the garage had collapsed when firefighters arrived. GRESHAM, Ore. — A couple was sent to the hospital after their home caught fire in Gresham Thursday morning. Fire alarms and smoke detectors helped the couple escape the home. Firefighters responded to a fire alarm just after 6 a.m. at a home near Northeast 176th Avenue and Northeast Flanders Road. A neighbor also called 911. Gresham Fire Battalion Chief Mike Trager said they smelled gasoline when firefighters arrived. The fire appeared to have started in…