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March 14, 2018 Headlines 9 Comments

Theranos founder Elizabeth Holmes is not allowed to lead a public company for a decade

Theranos founder Elizabeth Holmes will pay the SEC $500,000 to settle charges that she fraudulently raised over $700 million. She will also be banned from directing a public company for the next decade.

Software snarl riles patients of Danbury network doctors and hospitals

Danbury Hospital (CT) patients express frustration with scheduling and procedure delays resulting from a system-wide Cerner implementation earlier this month at Western Connecticut Health Network.

Springfield agencies will soon get software to better connect and serve

Community Partnership of the Ozarks in Springfield, IL prepares to launch a Mediware software project that will eventually connect 16 healthcare and social services organizations across the region.

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Currently there are "9 comments" on this Article:

  1. Why does Elizabeth Holmes face no jail time for her “massive fraud” that resulted in over $700 Million losses to investors. On the other hand, Martin Shkreli has been sentenced to 7 years for a fraud in which no investors lost any money – they actually made money.

    Say what you want about Martin Shkreli, but the double standard is very unfair.

  2. It’s hardly a double standard if she settled rather than going to trial. That’s how settlements work. It’s a combination of the character and judgement of the accused, and the prosecutions relative confidence in their case.

  3. With respect to Holmes, she DOES still face jail time. The settlement with the SEC covers only civil – not criminal – charges. The SEC has no criminal enforcement capability.

    The DoJ can pursue criminal charges if they deem it worthwhile.

  4. Holmes swindles people out of millions, pays a fine (with the swindled money?!), and is sent to CEO-timeout for a few years, while black men are languishing in prison for shoplifting or weed. Unbelievable (just kidding: totally believable.)

  5. Hi,

    Does anyone have any feedback on athena’s claim of 97% MIPs success rate? How can they publish that when 2017 attestation hasn’t even finished? Whats the guarantee? I know colleagues who haven’t attested for MIPs and they use atena. I find it a misleading statement. If anyone can chime in and clarify id appreciate it.

    • Athena has a long history of supporting MU and PQRS attestation. It wouldn’t surprise me if they have insight into their providers’ 2017 MIPs success now that we’re almost 3 months into 2018.

      IIRC the guarantee is that they pay (in the form of a credit) the penalties (which take the form of a Medicare fee reduction in 2019) if a provider is unsuccessful; but you’d have to check with their sales team and read the T’s&C’s to be sure.

    • Where are you seeing the 97% MIPS claim? I’m aware of their claimed 97% attestation rate for MU, but I haven’t seen anything about MIPS rates.







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