Welcome to the Nexus of Ethics, Psychology, Morality, Philosophy and Health Care

Welcome to the nexus of ethics, psychology, morality, technology, health care, and philosophy
Showing posts with label Financial Fraud. Show all posts
Showing posts with label Financial Fraud. Show all posts

Monday, March 27, 2017

US Researchers Found Guilty of Misconduct Collectively Awarded $101 Million

Joshua A. Krisch
The Scientist
February 27, 2017

Researchers found guilty of scientific misconduct by the US Department of Health and Human Services (HHS) went on to collectively receive $101 million from the National Institutes of Health (NIH), according to a study published this month (February 1) in the Journal of Empirical Research on Human Research Ethics. The authors also found that 47.2 percent of the researchers found guilty of misconduct they examined continue to publish studies.

The article is here.

The research is here.

Thursday, August 14, 2014

Why Can’t the Banking Industry Solve Its Ethics Problems?

By Neil Irwin
The New York Times
Originally published July 29, 2014

The financial crisis that nearly brought down the global economy was triggered in no small part by the aggressive culture and spotty ethics within the world’s biggest banks. But after six years and countless efforts to reform finance, the banking scandals never seem to end.

The important question that doesn’t yet have a satisfying answer is why.

Why are the ethical breaches at megabanks so routine that it is hard to keep them straight? Why do banks seem to have so many scandals — and ensuing multimillion dollar legal settlements — compared with other large companies like retailers, airlines or manufacturers?

The entire story is here.

Saturday, December 7, 2013

Executive whistle blowing: what to do when no one listens

By Andrea Bonime-Blanc on Nov 5, 2013
The Ethical Corporation

I recently heard a keynote address by the former chief executive of Olympus, Michael Woodford. Woodford was the Olympus boss who within months of his appointment blew the whistle on the company’s multi-year $1bn-plus financial fraud. After exposing the company’s fraud, Woodford wrote about it in the book Exposure, soon to become a movie.

This example underscores the difficulty that all whistleblowers (or people who dare to speak up) experience within their organisations. Speaking up about perceived or actual wrongdoing can be one of the most difficult and vexing ethical, moral, legal and personal dilemmas anyone can face in their lifetime. The stories of those who have blown the whistle only to be ostracised, demoted or terminated are the stuff of the bestseller lists and box office blockbusters.

The entire article is here.

Monday, October 15, 2012

The Ups and Downs of Electronic Medical Records


By MILT FREUDENHEIM
The New York Times
Originally published October 8, 2012

The case for electronic medical records is compelling: They can make health care more efficient and less expensive, and improve the quality of care by making patients’ medical history easily accessible to all who treat them.

Small wonder that the idea has been promoted by the Obama administration, with strong bipartisan and industry support. The government has given $6.5 billion in incentives, and hospitals and doctors have spent billions more.

But as health care providers adopt electronic records, the challenges have proved daunting, with a potential for mix-ups and confusion that can be frustrating, costly and even dangerous.

Some doctors complain that the electronic systems are clunky and time-consuming, designed more for bureaucrats than physicians. Last month, for example, the public health system in Contra Costa County in California slowed to a crawl under a new information-technology system.

The entire story is here.

Monday, March 26, 2012

TRICARE Breach Victims Report Fraud

8 Class Action Lawsuits Pending
Consolidation Sought


By Howard Anderson

In the weeks following last year's TRICARE health information breach, some of the 4.9 million beneficiaries affected became victims of financial fraud tied to their credit cards or banking accounts. That new detail is included in an amended complaint tied to the original classaction lawsuit filed in the case, which claims the financial fraud is related to the breach incident.

Eight class action lawsuits have now been filed in the wake of the case. The breach involved the theft of unencrypted computer tapes containing personal information, including Social Security numbers, but not financial data, about TRICARE beneficiaries, officials with the military health program said last year.