This week, Managed Care Matter’s Joe Paduda hosted Honk Wonk Review’s regular summary of particularly provocative health care posts that appeared in the past two weeks. As always, Paduda’s insights make the Review well worth reading. (I also recommend Managed Care Matters as a blog where you’ll find very smart, objective, fact-based commentary on a wide variety of issues.)
Below, I comment on some of the posts in this week’s Review, but to read the entire round-up (and to find links to posts I mention below) please click here. http://www.joepaduda.com/archives/002013.html
Perhaps the most intriguing post in this week’s round-up comes from HealthCare Renewal’s Roy Poses. An M.D., Poses also has become a relentless investigative reporter, and in this piece he discusses “the fall of an apparently large and prestigious health care charity, which funded research projects at the most well-regarded academic centers – a charity that was involved with Bernie Madoff and some of his confederates.”
If you read Poses’ post (and I urge you to do so) you’ll discover that the charity in question–the Picower Foundation–was not quite what it seemed.
In 2008, Poses observes, both the Boston Globe and the New York Times lamented the fact that the Picower Foundation, which had become one of “Maddoff’s victims” was shutting down. Apparently their reporters hadn’t Goggled “Picower.” Poses calls attention to a more recent Wall Street Journal piece that raises some troubling questions.
Poses then takes us back to a 2001 St Petersburg Times expose of the Picower Foundation “which suggests that its Jeffrey Picower used it in a complex scheme involving self-dealing for the purposes of personal enrichment.”
He ends his tale by asking: “The big question is why people can be so easily fooled?
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