Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

GlaxoSmithKline to pay $3 billion for health fraud
AP via Raleigh News & Obstructor ^ | 2 July 2012 | Jesse J. Holland

Posted on 07/02/2012 3:54:47 PM PDT by Moose4

WASHINGTON -- GlaxoSmithKline LLC will pay $3 billion and plead guilty to promoting two popular drugs for unapproved uses and to failing to disclose important safety information on a third in the largest health care fraud settlement in U.S. history, the Justice Department said Monday.

Accompanying the criminal case was a civil settlement in which the government said the company's improper marketing included providing doctors with expensive resort vacations, European hunting trips, high-paid speaking tours and even tickets to a Madonna concert.

The $3 billion combined criminal-civil fine will be the largest penalty ever paid by a drug company, Deputy Attorney General James M. Cole said. The corporation also agreed to be monitored by government officials for five years to attempt to ensure the company's compliance, Cole said.

(Excerpt) Read more at newsobserver.com ...


TOPICS: Front Page News; News/Current Events; US: North Carolina; United Kingdom
KEYWORDS: advair; avandia; flovent; fraud; glaxosmithkline; gsk; healthcare; imitrex; lamictal; lipitor; lotronex; paxil; valtrex; viagra; wellbutrin; zofran
I worked at GSK (as an IT consultant) for over four years and never heard a single thing about this action, not a peep. This isn't going to sink the company, but as fiercely competitive as the pharma industry is, $3 billion is a massive hit.

BTW, if you're wondering why senior management isn't being prosecuted? GSK is actually incorporated in the United Kingdom. The man who was the CEO at the time most of this happened, Jean Paul Garnier, is French.

I feel for the friends I've got that are working there still, because this may cause another round of layoffs. But how else do you punish a massive multinational corporation with $42 billion in annual turnover for something like this?

}:-)4

1 posted on 07/02/2012 3:54:56 PM PDT by Moose4
[ Post Reply | Private Reply | View Replies]

To: Moose4

That is a big tax. . .


2 posted on 07/02/2012 4:03:31 PM PDT by shankbear (If this mandate can stand, what will be next? Forced to buy certain cars, clothes, food?)
[ Post Reply | Private Reply | To 1 | View Replies]

To: shankbear
That is a big tax. . .

You nailed that. That'll sure buy a few asprins for the poor.

Not that the industry is immune to fraud.

3 posted on 07/02/2012 4:07:18 PM PDT by the invisib1e hand (A Dalmation was spotted trotting down the street...)
[ Post Reply | Private Reply | To 2 | View Replies]

To: Moose4

How are consumers compensated? (crickets)


4 posted on 07/02/2012 4:15:42 PM PDT by newzjunkey
[ Post Reply | Private Reply | To 1 | View Replies]

To: Moose4

$3 Billion is a massive hit?

$3 Billion is chump change. It’s considered a Line Item Expense by manufacturers figured in Before the start of a production run.

GSK’s Seroxat is sold in America as Paxil, exact same drug. The active ingredient is Paroxetine.

http://www.youtube.com/watch?v=TozBgI5LyGc
The person, dixiefid64, who made that vid suffered GSK’s 2 week discontinuation syndrome, for 22 MONTHS! He had to use a safety razor blade to shave the tablets down to taper off the drug.

Watch Britain’s Breckenridge squirm.
Watch Benbow play the wounded innocent.

No Suicide Risk?

Look it up.
http://lamplightersoftware.com/dsm.php

Only the US, in Less than 5 years, and only the suicides and attempts that got reported, because reporting drug AERs is Not Mandatory, it’s Voluntary.

Paroxetine Reported By
Adverse Reaction Cases MD CN OT PH LW NR
Suicidal Ideations 1,837 1,281 1,176 189 50 401 160
Attempted Suicides 786 592 522 121 89 151 48
Completed Suicides 921 616 474 78 34 631 51
Deaths Not From Suicide 238 141 131 21 19 4 33
Homicidal Ideations 136 53 144 28 11 22 4
Homicides 78 23 66 3 0 17 11
Hypomania/Mania 297 189 210 29 15 9 17
Heart Disease 1,149 432 1,436 1,236 595 381 48
Movement Disorders 2,273 1,207 1,416 237 129 468 163
Birth Defects 2,154 446 2,895 1,378 631 407 57
Premature Births 121 74 103 158 71 14 11
Prenatal/Neonatal Deaths 153 65 105 17 17 14 9

It Should have been $30 Billion and Felony convictions which would shut GSK Out of Medicare/Medicaid for 5 years.

And our own FDA isn’t One Bit better or more honest about cleaning up Pharmaceutical Fraud than the UK’s MHRA is.


5 posted on 07/02/2012 4:19:06 PM PDT by To-Whose-Benefit? (It is Error alone which needs the support of Government. The Truth can stand by itself.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Moose4

This is probably a bad thing to say but I cannot help but wonder who they pissed off. Corporate crimes are rarely prosecuted and it is not because they do not commit crimes. Just look at the banking industry.

The DOJ is not a corporation but look at all their lawlessness. They make GSK look like saints.


6 posted on 07/02/2012 4:26:12 PM PDT by formosa (Formosa)
[ Post Reply | Private Reply | To 1 | View Replies]

To: To-Whose-Benefit?

I take it that you are an ObamaCare cheerleader. You will fit right in the New World Order.


7 posted on 07/02/2012 4:28:49 PM PDT by caver (Obama: Home of the Whopper)
[ Post Reply | Private Reply | To 5 | View Replies]

To: Moose4

Maybe someone should check out all those white coats that stood by Obama when he was cheerleading Obamacare! See how many have increased their wealth and/or if they even were doctors!


8 posted on 07/02/2012 4:30:52 PM PDT by jcsjcm (This country was built on exceptionalism and individualism. In God we Trust - Laus Deo)
[ Post Reply | Private Reply | To 1 | View Replies]

To: formosa

Well, GSK, like the rest of Big Pharma, has been sucking up to the Obama regime in the hopes of making big money off Obamacare.

The Avandia stuff they note in that article, now that was known around GSK, but the stuff they’d released internally to employees seemed to imply that the Avandia issues were over and done with, they’d taken a huge writeoff on it a year or two ago, and moved on. They really screwed up on that one.

}:-)4


9 posted on 07/02/2012 4:32:56 PM PDT by Moose4 (...and walk away.)
[ Post Reply | Private Reply | To 6 | View Replies]

To: formosa

You’re right that they’re rarely prosecuted, but with drug companies they get Caught so often that our Fed Govt can’t ignore them, so instead they make a show of it, collect what appear to be massive fines, and let them plead out to misdemeanor marketing violations.

http://www.fiercepharma.com/story/pharmas-top-10-marketing-settlements-top-11b/2012-06-26

The misdemeanor angle, no matter HOW many people drug companies knowingly cripple and kill, is because any felony conviction that endangers the Medicare or Medicaid programs will shut the company out of those programs for 5 years.

And 5 years without Medicare or Medicaid is a death sentence to any drug company.


10 posted on 07/02/2012 4:35:04 PM PDT by To-Whose-Benefit? (It is Error alone which needs the support of Government. The Truth can stand by itself.)
[ Post Reply | Private Reply | To 6 | View Replies]

To: caver

Hey, Genius,

Who do you think engineered Obamacare? Who stood to benefit from it, even short term?

It wasn’t the Insurance Companies.
It wasn’t the Hospitals.
It wasn’t the Doctors.

Who do you think put BO Rex on the throne?

It might be advisable, before you hit the knee jerk button again, to click on another poster’s screen monitor and actually READ some of their commenting history.


11 posted on 07/02/2012 4:42:34 PM PDT by To-Whose-Benefit? (It is Error alone which needs the support of Government. The Truth can stand by itself.)
[ Post Reply | Private Reply | To 7 | View Replies]

To: formosa
I wondered that also.

Either they screwed up so big they HAD to get busted, or they didn't grease the right palm. One of the many reasons I am not the ‘Big Capital’ type of conservative is that I have seen way to much of this type of thing. It is also one of the reasons I am very careful in what I eat and drink.

Had friends who worked in pharma. This is very common, and honestly expected.

12 posted on 07/02/2012 4:48:47 PM PDT by redgolum ("God is dead" -- Nietzsche. "Nietzsche is dead" -- God.)
[ Post Reply | Private Reply | To 6 | View Replies]

To: caver

Part II

http://www.youtube.com/watch?v=j2iyHu4TXjY

Does this sound like the kind of upstanding, Conservative, Gee Whiz Folks, What a Great, All American Company you’d want to buy stock in?


13 posted on 07/02/2012 4:49:29 PM PDT by To-Whose-Benefit? (It is Error alone which needs the support of Government. The Truth can stand by itself.)
[ Post Reply | Private Reply | To 7 | View Replies]

To: thouworm; CutePuppy; ken5050; Grampa Dave; Condor51; stephenjohnbanker; indylindy; GOPJ; ...
Here's how easy it is for crooks to ripoff healthcare programs----Obamacare costs will soar once the crooks get their filthy hands on it.

NARRATIVE A school supt was arrested in the fall of 2010 and charged with 17 counts of bribery, mail fraud and wire fraud. Authorities say that while serving as Toms River schools supt--the NJ school supt and a Maryland insurance broker--concocted a scheme to inflate school insurance charges and kick back part of the money to as bribes.

The two are accused of concealing more than $1 million in bribes from insurance brokers and other service providers.

The insurance company, Federal Hill Risk Management, served as the insurance broker for the school district since 1978. Court documents say the two men spent stolen money on home renovations, watches that cost tens of thousands of dollars, and other personal expenses. The supt also allegedly bought one girlfriend - who was also on the school district payroll - a car and other gifts, including money for the college tuition of one of her relatives, according to court papers.

A federal investigation of the insurance broker of Baltimore continues WRT bilking municipal and school insurance plans---he is under state indictment for allegedly bilking $2.6 million from Perth Amboy schools and more than $200,000 from the municipality, and was indicted by a federal grand jury.

The crooked broker's son-in-law and a business partner were charged with stealing $216,000 from Perth Amboy for a non-existent wellness program for city workers.

A NJ state grand jury issued an indictment in July charging the broker and two of Gartland’s companies, with a host of charges including money laundering, conspiracy, forgery and theft by deception.

Authorities said they bilked $2.6 million from the Perth Amboy schools over a six-year period. All defendants named in multiple indictments pleaded not guilty.

A third insurance man, of Bernardsville, pleaded guilty to theft by deception and false representation for a government contract in the same scheme targeting the school district.

The co-conspirator are alleged to have lied to the NJ school’s insurance carrier, Cigna----the insurance/educator cabal told Cigna Insurance Company that "the Toms River school board authorized" the insurance carrier to pay them fees on behalf of the school board from its medical claims bank account for health care related programs and services that never existed, authorities said.

That money, stolen from Nov 2003 to July 2009, went into kickback accounts controlled by the crooked insurance broker, the indictment alleges.

14 posted on 07/02/2012 4:59:44 PM PDT by Liz
[ Post Reply | Private Reply | To 11 | View Replies]

To: Moose4

I bet these pills make people poop on the food carts on airplanes, too.


15 posted on 07/02/2012 5:23:42 PM PDT by donna (Mitt quote: ...gay couples raising kids. That's the American way...)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Moose4

The sad part is when I read headlines like, “GlaxoSmithKline to pay $3 billion for health fraud” I no longer think badly about companies like GlaxoSmithKline. I now just figure our government is extorting them somehow into paying the “fines”. In my opinion, it is just an additional cost of doing business.


16 posted on 07/02/2012 5:35:59 PM PDT by Tupelo (Old Cowboys never die. They just smell like it.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Moose4

“GlaxoSmithKline LLC will pay $3 billion ...”

Who receives this payment? How much goes to lawyers?


17 posted on 07/02/2012 5:56:44 PM PDT by Theo (... with Liberty and Justice for all.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: To-Whose-Benefit?

Hey Genius,

I think a bunch of socialists engineered Obamacare, not the pharmaceutical companies. It really paid off for GlaxoSmithKline to get fined $3 billion, didn’t it? Yea, that’s some smart marketing there for you.

You and a number of others on this thread sure don’t sound like conservatives. You are the bunch of knee jerkers going off because some big pharmaceutical got fined and you think it’s justified.


18 posted on 07/02/2012 7:04:15 PM PDT by caver (Obama: Home of the Whopper)
[ Post Reply | Private Reply | To 11 | View Replies]

To: caver; To-Whose-Benefit?

Why are you attacking the poster?

He came with links and much info....You on the other hand called him names.

Lemme guess, you’re invested in this company?


19 posted on 07/02/2012 7:25:24 PM PDT by dragnet2 (Diversion and evasion are tools of deceit)
[ Post Reply | Private Reply | To 18 | View Replies]

To: Liz
Here's how easy it is for crooks to ripoff healthcare programs----Obamacare costs will soar once the crooks get their filthy hands on it.

The biggest problem with ObamaTax (now that it's rewritten as such by John Roberts - there was no "care" in ObamaCareMandate, either) is not that it would become a problem "once the crooks get their filthy hands on it" but that, besides the crooks who already have their hands in every Big Government "program/entitlement/service/stimulus" etc., the biggest crook/thief/embezzler/beneficiary would be the Big Government and entitled bureaucracy itself.

The crooks already know very well that the Big Government is the place where one should look for money because that's really where the Big Money is:

From Tampa, six other cities targeted in Medicare fraud busts - TBO (Tampa Bay Online), by Kelli Kennedy and Pete Yost, 2012 May 02

That's just one of many such Medicare and Medicaid frauds.

Of course, with so much more money and more Byzantine laws, mandates, rules and regulations under ObamaCareHealthInsuranceTaxMandate it would be even easier for crooks to "legally" make even more money (when nobody even knows if it's TAX or a MANDATE, the Feds and the defense lawyers would be able to treat it any way it suits them, to claim and/or decide the "guilt" or the "innocence" of the involved).

What a fine disgusting mess - politicians, government policy wonks, lawyers and bureaucrats' paradise!

20 posted on 07/02/2012 10:48:28 PM PDT by CutePuppy (If you don't ask the right questions you may not get the right answers)
[ Post Reply | Private Reply | To 14 | View Replies]

To: Nailbiter

bfl


21 posted on 07/02/2012 10:51:29 PM PDT by Nailbiter
[ Post Reply | Private Reply | To 20 | View Replies]

To: Theo; formosa; Tupelo; redgolum; newzjunkey; caver; the invisib1e hand; shankbear; Moose4; ...
It's a "tax" for NOT being "friendly" enough and a message to others to be more "friendly" in the future to certain "partsy" of the government who only have the job racket of "protecting" the people.

From Glaxo in $3 Billion Settlement - WSJ (sub), by Jeanne Whalen, Devlin Barrett and Peter Loftus, 2012 July 02

Pheasant-hunting jaunts and tickets to Madonna concerts? That SHOULD BE criminal.

Oh, about the settlement's fines, money... The money goes to DoJ and SAOs... Sorry, Charlie... and Joan Q. Public. No real harm was done to the consumers, just "illegal marketing" of product "not approved by FDA."

22 posted on 07/02/2012 11:16:45 PM PDT by CutePuppy (If you don't ask the right questions you may not get the right answers)
[ Post Reply | Private Reply | To 17 | View Replies]

To: Moose4

Notice it doesn’t say that the meds were ineffective in their off labelnuses, just that the uses were not government approved.

Need to think about that one.


23 posted on 07/03/2012 4:02:07 AM PDT by Chickensoup (STOP The Great O-ppression)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Chickensoup; All
The WSj article explains that most of the "misconduct" alleged by the government (it was not a class-action or personal civil suit seeking damages for ineffective or "defective" medication) happened in the 1990s and early 2000s, where most of the other drug manufacturers were making similarly "misleading" claims about the off-label uses of their drugs... Many of the other companies have already paid large sums of money to settle "criminal and civil" lawsuits and "expenses for investigations."

Glaxo settled without admitting to any wrongdoing to both criminal and civil charges as well as "compensatory" amount to government for their "investigations".

The beneficiaries, outside of DoJ and SAOs, will be 3 (or possibly more) whistleblowers (and their lawyers) who provided the basis for the charges and settlement by filing the lawsuit in 2003 in Boston, under the whistleblower statutes on a qui tam provision on the government behalf under the Federal False Claims Act.

They are former senior management employees of Glaxo, Thomas Gerahty and Mathew Burke; lawyers say that plaintiffs are usually entitled to between 15% and 30% of government's civil suit "recovery" amount.

Let's not forget that doctor have prescribed off-label use of many drugs that were deemed either more effective or cheaper substitute with the same efficacy as the FDA-approved drug for certain diseases.

The most recent highly publicized "controversy" was the use of cancer drug Avastin instead of much more expensive and difficult to obtain Lucentis, for the treatment of wet AMD (age-related macular degeneration) which is the leading cause of blindness, usually in the elderly. Some ophthalmologists even considered Avastin more effective than Lucentis for certain forms of AMD.

24 posted on 07/03/2012 5:39:42 AM PDT by CutePuppy (If you don't ask the right questions you may not get the right answers)
[ Post Reply | Private Reply | To 23 | View Replies]

To: caver; dragnet2; CutePuppy; redgolum

Caver, define your concept of Conservative, please.

1: crony capitalism:

When did crony capitalism, knowing, intentional, ongoing conduct constituting direct violations of activities already prohibited by law, and socialist redistribution become Conservative Values?

Here’s what it costs drug companies to Buy FDA approval for their products.
PDUFA user fee archive
http://www.fda.gov/ForIndustry/UserFees/PrescriptionDrugUserFee/ucm152775.htm

Here’s what Congress has just done
PDUFA fee increase
http://www.fiercepharma.com/story/pdufa-goes-president/2012-06-27

“The FDA user fee reauthorization bill has passed Congress and now only needs to be signed by President Obama. It kicks off a five-year stretch in which the FDA will have more money and new authorities in hopes that it will approve drugs faster (which is good for the industry) and theoretically cut costs for consumers and taxpayers through faster approval of generics.
The law will provide more than $6 billion in user fees over the five years”

Before the recent PDUFA user fee increase, FDA was already receiving over a Fifth of its operating budget from drug and device manufacturers. Do you find any potential conflict of interest there? Whose interests do you believe FDA is more concerned with protecting? The consumer or the manufacturer? Up from $600 Million to $1.2 Billion a year?

2: GSK Illegal Conduct

Engaging in monetary transactions in property derived from specified unlawful activity.
US 18C95 Sec 1957
http://uscode.house.gov/download/pls/18C95.txt

3: Socialism
Most of those tens of Billions flowing into GSK’s coffers are Not a Voluntary Financial Transaction on your part or anyone else’s part. Those tens of Billions are predominantly coming out of Medicare and Medicaid through the Center for Medicare Services. You are being forced, by Government, to Pay GSK those tens of Billions.

http://pogoblog.typepad.com/pogo/2011/08/janet-woodcock-miss-piñata-meets-clue-stick.html#more
http://pogoblog.typepad.com/pogo/2011/08/the-national-institutes-of-health-new-ethics-rules-a-swing-and-a-miss.html
http://www.pogo.org/pogo-files/letters/public-health/ph-fda-20120529-fda-secrecy.html

FDA is a trainwreck of industry corrupted politicking. The author, Paul Thacker, has street cred. He was Sen. Charles Grassley’s chief investigator when Grassley on the Senate Finance Committee was investigating drug industry corruption of Medical Research at the University level. Crooked Academics were taking Big Money from drug makers and not reporting it while simultaneously ginning up crap research which was used as a marketing device to sell and oversell drug company products.

Paxil Study 329
https://www.google.com/search?hl=en&source=hp&q=paxil+329+study&gbv=2&oq=paxil%2B329&gs_l=hp.1.1.0i33l2j0i33i30l2.920.7057.0.9953.11.10.1.0.0.0.474.1976.0j4j4j0j1.9.0...0.0.UR5tHNRX9TE

Study 329 is very old news, and barely the tip of the iceberg.

When did crony capitalism, criminal misconduct, and socialist redistribution become Conservative Values?

There are far more Federal Criminal statutes which are applicable to GSK just for their Seroxat, Paxil and the 1 I’ve quoted, if You violate it, will get You jail time in a heartbeat. Is it a Conservative Value to look the other way when You are being charged through CMS to sell Suicide and Murder at GSK’s behest?


25 posted on 07/03/2012 9:41:39 AM PDT by To-Whose-Benefit? (It is Error alone which needs the support of Government. The Truth can stand by itself.)
[ Post Reply | Private Reply | To 18 | View Replies]

To: To-Whose-Benefit?
Thanks for the links.

Many seem to forget that large corporations, in particular large global corporations have no problem with regulations and crony capitalism (fascism). They have the resources to 'game' them. In addition regulations are a great way to suppress competition and a great excuse to chase the cheapest labor on the globe.

Here is a recent example: Chemical giants push for global green 'standards' at Rio . Note they want this 'done via a stronger mandate for the United Nations Environment Programme (UNEP)'.

Has anyone wondered why the health care consumers of the US pay the research and development costs for international pharma for the entire world? That is why the exact same drug costs so much less in Canada, Mexico, or India. This is not free market; it is wealth distribution pure and simple.

Running a corporation does not automatically make one a free marketeer.
26 posted on 07/03/2012 10:45:55 AM PDT by khelus
[ Post Reply | Private Reply | To 25 | View Replies]

To: Liz; thouworm; CutePuppy; ken5050; Grampa Dave; Condor51; stephenjohnbanker; indylindy; GOPJ

People will steal 10’s of BILLIONS from Obamacare !


27 posted on 07/03/2012 11:05:27 AM PDT by stephenjohnbanker (God, family, country, mom, apple pie, the girl next door and a Ford F250 to pull my boat.)
[ Post Reply | Private Reply | To 14 | View Replies]

To: khelus

Amen!

Like I said, a felony conviction is the last thing any drug co. wants and DOJ let’s them get away with all kinds of criminal abuse.

Check the Vioxx settlement.
http://www.bloomberg.com/news/2011-11-22/merck-agrees-to-pay-950-million-to-settle-u-s-government-s-vioxx-probe.html

Merck paid a $950 Million Fed Fine and plead guilty to a Misdemeanor Misbranding charge.

AFTER, they’d ALREADY PAID the surviving family members of 3,468 people they Killed with Vioxx while they were breaking the law by marketing the stuff illegally.

http://www.bloomberg.com/news/2010-07-27/merck-paid-3-468-death-claims-to-resolve-vioxx-suits.html

They admitted they broke the law, and that they were responsible for killing 3,468 people, and DOJ let them buy their way out of it.

Or How about Pfizer?

They got popped for $2.3 Billion and they had their shell co, Pharmacia Upjohn take the fall for it because that fall was a felony, no more Medicare bucks for 5 years if Pfizer ate the felony themselves.

http://en.wikipedia.org/wiki/Pfizer

“Bextra settlement of off-label marketing investigation

In September 2009, the United States Department of Justice announced that Pfizer had agreed to pay $2.3 billion to settle civil and criminal allegations that it had illegally marketed four drugs: Bextra, Geodon, Zyvox, and Lyrica “with the intent to defraud or mislead” by promoting the drugs for non-approved uses; this marks Pfizer’s fourth such settlement in a decade.[4][5][39] Pharmacia & Upjohn Company, Inc., a Pfizer subsidiary, agreed to plead guilty to mis-branded promotion of Bextra, a FELONY violation of the Food, Drug and Cosmetic Act. “

To salute these companies as examples of Free Market Capitalism is as ridiculous as writing a bank robber a ticket for an expired meter out front while he was robbing the bank.


28 posted on 07/03/2012 3:45:46 PM PDT by To-Whose-Benefit? (It is Error alone which needs the support of Government. The Truth can stand by itself.)
[ Post Reply | Private Reply | To 26 | View Replies]

To: stephenjohnbanker; To-Whose-Benefit?; Liz; thouworm; CutePuppy; ken5050; Grampa Dave; Condor51; ...
People will steal 10’s of BILLIONS from Obamacare !

Easily, considering an estimate of $900 Billion fraud already in Medicare and Medicaid. That's d@mn near $1 Trillion.

Zero has twice turned down an offer by IBM to remove obvious sources of fraud such as "billing for over 24 hours per day of procedures, phony companies invoicing for phantom services, pharmacists filling prescriptions for dead patients, home health-care companies demanding payment for treating clients actually in the hospital". There was a scandal here in NJ a few years back where UMDNJ had routine double billing programmed into their billing system.
29 posted on 07/04/2012 6:35:34 AM PDT by khelus
[ Post Reply | Private Reply | To 27 | View Replies]

To: khelus
Zero has twice turned down an offer by IBM to remove obvious sources of fraud such as "billing for over 24 hours per day of procedures, phony companies invoicing for phantom services, pharmacists filling prescriptions for dead patients, home health-care companies demanding payment for treating clients actually in the hospital". There was a scandal here in NJ a few years back where UMDNJ had routine double billing programmed into their billing system.

It's going to get soooooo much worse.

30 posted on 07/04/2012 12:24:28 PM PDT by GOPJ (Way to go Kraft Foods. I now associate your brand with anal sex.(Oreo cookies) Freeper agere_contra)
[ Post Reply | Private Reply | To 29 | View Replies]

To: khelus; All

Here’s analysis of GSK’s press release re: the $3 Billion charge.

http://www.pharmalot.com/2012/07/the-glaxo-ceo-his-public-relations-debacle/

It includes a link to the actual GSK release, below

http://www.gsk.com/media/pressreleases/2012/2012-pressrelease-1164663.htm


31 posted on 07/05/2012 10:06:22 AM PDT by To-Whose-Benefit? (It is Error alone which needs the support of Government. The Truth can stand by itself.)
[ Post Reply | Private Reply | To 29 | View Replies]

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson