"Don't Cry for.... Sony

The cyberattack on Sony exposed sensitive internal communications and coerced theater chains to drop one of the company's films. It represents a seminal moment in the advancement of hacking.

While the attack was not technologically sophisticated, its success may embolden other cyber criminals to follow suit.  The hackers not only released internal emails and other information, but wiped data from Sony's system.

North Korea called the comedy an "evil act of provocation" and threatened "stern punishment" against its star and co-director Seth Rogen. The crippling Sony Pictures hack followed soon after, with the studio's upcoming films and confidential, industry-shaking emails leaked.

Meanwhile, North Korea still denies any involvement in the Sony hack, even as the FBI pointed the finger at them. North Korea has issued a proposal for a joint investigation into the incident.

Sony Cancelled then cancelled the cancelation of broadcasting the film as the President, the Country and the public stood fast against this threat.

All in All, North Korea, if true, gave Sony a free publicities, no one else got, for a  (Non-Sense) movie. Let us see the review and the revenue once the dust settles.

Just a thought.

A Week-End- AbbVie

On Friday, the FDA approved AbbVie's Viekira Pak.
AbbVie had done Gilead a huge favor pricing its new hepatitis C drug on par with Gilead's Harvoni.
 
AbbVie announced a deal with Express Scripts making Viekira Pak the Exclusive hepatitis C drug covered by the pharmacy benefits manager for patients infected with the genotype 1 virus, [most common in US]. Gilead's Sovaldi will still be available for other genotypes 

Neither Express Scripts nor AbbVie is disclosing how much of a discount to get the exclusivity. You can't blame them; it's not to either company's advantage to disclose it, tipping off the authorities, the public, and the Congressional bodies.

Gilead was down 14% on the day of the annoucement,  investors are worried about the potential to be knocked out of other markets or give steep discounts. The discount problem is compounded because the price that government programs Medicare and Medicaid pay for drugs are set based on the price drug-makers give to private insurers. We could be in a full-blown price war soon between corporation to their own benefits.

With a thousand Dollars [$1000] per day treatment, the Pharmaceutical companies, PBMs and the Insurances having a FIESTA while the 3 Millions US patient is paying three folds the price of a European or Canadian patients. 

Chuck Schumer asking how come the Airline tickets is priced high while oil prices collapsing?  The answer is simple.
You don't have to travel, but you have to have health. Pay a little attention to what is important.

Just a thought.

Recklessness...?*

A Canadian woman was sentenced to 90 days in jail, no driving for 10 years and 240 hours of community service  for causing two deaths in 2010 when she stopped her car on a Quebec highway to help a group of ducklings crossing the road. Emma Czornobaj convicted of two counts each of criminal negligence and dangerous driving causing death.

According to media reports, Czornobaj stopped her car abruptly in the passing lane of a highway south of Montreal when she saw the ducklings. The motorcycle behind Czornobaj’s car then crashed into her vehicle, killing the 50-year-old man driving the motorcycle and his 16-year-old daughter.

“I just wanted to pick all these ducklings up and put them in my car,” Czornobaj had testified during her trial. “I know it was a mistake.”  

 She could have been killed with the ducks and others by this action.             Just a thought.

Big Mac.

 A government labor watchdog has accused McDonald's and some franchise owners of violating workers rights by retaliating against them for taking part in fast food protests.

According to the NLRB, the restaurant owners reduced hours and discharged some workers who took part in the movement. The employers also engaged in other "coercive conduct" against its employees, including surveillance, interrogations and restricting worker's ability to communicate with union representatives.

Worker advocates say the complaints filed suggest that the NLRB general counsel has seen evidence that McDonald's meets the legal definition of a joint employer.

McDonald's said in a statement that it will contest the allegations. The government agency "improperly and dramatically strike at the heart of the franchise system -- a system that creates economic opportunity, jobs and income for thousands of business owners and their employees across the country. You be the judge.         Just a thought.                                    [CNN]

Cuba's Deal

President Obama’s announcement to overhaul U.S. policy toward Cuba is historic.  The relationship between both nations frozen in time for decades despite the fall of the Berlin Wall and the end of the Cold War.

A spy swap, loosening of travel and economic restrictions, and launching of discussions to re-establish full diplomatic relations go as far as the president can go without congressional authorization. Now the ball is in the later.

Obama's unilateral move has gently shaken up the 2016 race to succeed him, exposing divisions among Republicans and possibly helping.

Potential contenders Jeb Bush and Marco Rubio adhered to the traditional Republican hard line. Kentucky Senator Rand Paul, who has a libertarian streak, backed the new policy. Paul said the 50-year-old embargo with Cuba "just hasn't worked."

Hillary Clinton also had asserted the previous policy was not working. In her memoir, "Hard Choices," she wrote that she urged Obama to shift. 

The isolation of Cuba kept the country backward for about 50 years. Thus there is no additional action can be taken against. On the other hand, Russia, the  restriction imposed is impacting the Russian economy hard and will eventually change their behavior. In other word, Obama's decision is historic. Just a thought.

Cigars...?*

President Obama announced the most significant change in U.S. policy toward Cuba in more than 50 years, paving the way for the normalization of relations and the opening of a U.S. Embassy in Havana.

Obama said "we will end an outdated approach that for decades has failed to advance our interests and instead we will begin to normalize relations between our two countries."These 50 years have shown, isolation has not worked. 

Obama said as these changes unfold, he will talk to Congress about lifting the embargo on Cuba. The U.S. severed diplomatic relations with Cuba in 1961, shortly after Fidel Castro and his communist rebels ousted dictator Fulgencio Batista.

This decision by President Obama deserves the respect and recognition of our people," Castro said. However, this "does not mean that the most important issue has been resolved. The embargo on our country ... has to end."

The same "know it all" came out against the decision. So much talk, but the Republicans’ outcry against the new policy contradicts their own faith in the power of free market economies.   

Nobody dared to approach this issue for years. Obama did.

Just a thought.

Break nothin...

The unnamed man hired a crane in the town of Ijsselstein to lower him over his girlfriend’s house and into her garden for the surprise proposal on Saturday morning, emergency services spokesman Jelle Mulder told AFP.

The over amorous Dutchman became a home wrecker when the crane fell through the neighbor's roof.

During the attempt to right the crane up, it unfortunately slipped and fell on the house again,” he said. Neighboring houses were evacuated.
“We’re looking at the best way to lift the crane without it falling again,” said Mulder.

No one was hurt. “The people in the house the crane fell on are deeply shocked,” 

Despite the fiasco, the girlfriend accepted the marriage proposal, Dutch media reported, and the couple have gone on a holiday trip to Paris.  Then they have to pay dearly.

See the video.
https://www.youtube.com/watch?v=-wvenwxi10U

China woman Fined.

Former ally of China’s railway chief was ordered by a Beijing court to pay the largest fine so far after being convicted of bribery earlier this year.

Ding Yuxin was sentenced to 20 years in prison and fined 2.5 billion yuan ($403 million) for paying bribes and engaging in illegal business, the court said. 

“The number was extremely large and the violation was very serious,” Tang Bo, senior partner at W&H Law Firm, said in Beijing. 

Ding’s sentencing comes amid a two-year anti-corruption campaign to curb the graft that could erode the party’s legitimacy. More than 80,000 officials have been punished for breaking party rules, according to the Central Commission for Discipline Inspection.

Ding, 59, was described in her trial as the major financial backer of former Railway Minister, intervening in bidding for railway projects worth about 185 billion yuan and engaging in illegal business operations.

During trial, prosecutors said she gave Liu 49 million yuan in exchange for helping her and affiliated companies win 57 railway construction projects, in violation of state regulations, Xinhua reported.

Wide spread.....  Just a thought.

Sydney's Hostage

"We have seen, in the worst of times, the best of people,” Tony Abbott

 

 

Billing Fraud

The United States’ alleges that CareMed made false statements to insurance companies to secure prior authorization for the coverage of drugs by, among other things, fabricating Medicare beneficiaries’ medical information and posing as representatives of prescribing physicians’ offices when calling insurers.

The Complaint also alleges that CareMed engaged in double-billing by re-stocking unused dosages of Procrit and Rituxan, and then re-selling the drugs and re-billing insurance companies that provide prescription drug coverage to Medicare beneficiaries or Medicaid.

In addition, the Complaint alleges that CareMed submitted false claims for payment for automatic refills of Procrit and Rituxan that were not actually received by patients and their doctors. The lawsuit seeks damages and penalties under the False Claims Act.

Preet Bharara, the United States Attorney filed a civil fraud lawsuit  “CareMed”, a New York-based pharmacy that sells high-cost specialty drugs used to treat conditions that require complex treatment, such as cancer.

the United States has settled the claims against CareMed pursuant to a settlement stipulation approved today by U.S. District Judge Denise L. Cote. In the settlement.

It is time to clean up the fraud. You must read your copy of billing. Just a thought.