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Tuesday, January 25, 2011

Big PhRMA Behind Millions in Medicare Fraud

This issue is close to me because I am sure Medicare fraud is involved in my late mother's care.  A person with a closed head injury and expressive aphasia needs a neurologist to be their primary care provider, not a questionable shrink who loaded her up on expensive psych drugs.  Hyatt surely made out like a bandit on this one too, yet my greedy, controlling brother in Vermont, her POA, did NOTHING to make a change.  My mother was warehoused in Florida at a so-called '5 star' facility.

Blowing the whistle on drug firms

Last December, a specialty pharmacy in Florida enjoyed its best month ever — posting a hefty $168.7 million in revenues.

But it wasn't filling prescriptions that made Ven-A-Care of the Florida Keys Inc. such a success.

Tiny Ven-A-Care has developed a lucrative niche market: blowing the whistle on drug companies that overcharge Medicare and Medicaid — and collecting tens of millions of dollars in reward money.

Unlike most whistle-blowers who help the government with one case after they encounter wrongdoing, Ven-A-Care has filed suits alleging fraudulent conduct against dozens of drug companies supplying pharmacies and healthcare providers. Complete Article

4 comments:

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herbalYODA said...

Found this in an old file, from the ‘Auckland Star’ under ‘World News.’

“We have to remember that the main aim of pharmaceutical companies is not to make drugs for the good of mankind, but to make profits for their shareholders.”

Brewster Ashley,
Director of the Therapeutic Goods Administration Drug Evaluation Branch, Australia.