"The ballooning costs of healthcare act as a hungry tapeworm on the American economy," said Berkshire Hathaway CEO, Warren Buffett.
Three huge corporate players are teaming up on healthcare by creating an "independent company that is free from profit-making incentives and constraints" for their U.S. employees. "Our group does not come to this problem with answers. But we also do not accept it as inevitable," Buffett says. "Rather, we share the belief that putting out collective resources behind the country's best talent can, in time, check the rise in health costs while concurrently enhancing patient satisfaction and outcomes." The healthcare industry has been nervously watching this newfound competition for months. This new team in healthcare could pressure profits for the middlemen in the U.S. healthcare supply chain, according to Bloomberg. "Our people want transparency, knowledge and control when it comes to managing their healthcare," said CEO of JPMorgan, Jamie Dimon. "The three of our companies have extraordinary resources, and our goal is to create solutions that benefit our U.S. employees, their families and, potentially, all Americans." The effort is in the early planning stages and is being spearheaded by Todd Combs, an investment officer of Berkshire Hathaway; Marvelle Sullivan Berchtold, a managing director of JPMorgan Chase; and Beth Galetti, a senior vice president at Amazon. The move sent healthcare shares falling in early trading. According to Bloomberg, Express Scripts Holding Co. and CVS Health Corp slumped 6.7 and 5.5 percent, respectively. Also dropping were health insurers Cigna Corp. and Anthem Inc. "Hard as it might be, reducing healthcare's burden on the economy while improving outcomes for employees and their families would be worth the effort," Amazon Chief Executive Officer, Jeff Bezos said. "Success is going to require talented experts, a beginner's mind, and a long-term orientation."
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The Astros General Manager, Jeff Luhnow, is planning to unveil a surprise on opening day. Is it another new pitcher or perhaps something that will shake up the season? No. It's a plate - not a home plate, but a license plate. For a few years, Luhnow has drove around with "GM111" on his license plate as a constant reminder of something he never wanted to experience again. The 111 represents the amount of loses the team suffered back during the 2013 season. "I wanted to remind myself every time I got into my car that I never wanted to expereience anything like that again," Luhnow told USA Today. It's no longer 2013, and the Astros, along with Luhnow, now have a World Series trophy to make up for the past. Remembering the GM's license plate, The Texas DMV was quick to offer something to celebrate the achievement and put the 2013 season behind them.
Source: KPRC
USA Gymnastics has cut ties with Karolyi Ranch, outside of Huntsville, after Simone Biles says she was sexually abused by a former national team doctor at the facility. ”It will no longer serve as the USA Gymnastics National Team Training Center,” USA Gymnastics President Kerry Perry said in a statement. “It has been my intent to terminate this agreement since I became president and CEO in December. Our most important priority is our athletes, and their training environment must reflect this. We are committed to a culture that empowers and supports our athletes.” USA Gymnastics initially agreed to buy the training facility in August 2016 but backed out of the agreement following an investigation into sexual abuse by the former national team doctor, Larry Nessar. He worked with the organization for nearly three decades before stepping away in 2015. Several olympians, including Biles, Gabby Douglas, Aly Raisman and McKayla Maroney, say they were abused by Nassar, with some of the alleged abuse occurring at the facility. Nassar “left scars on my psyche that may never go away,” Maroney said in a victim’s statement at Nassau’s sentencing hearing on Thursday that Nassar. Nassar has already been sentenced to 60 years in federal prison on child pornography crimes and is awaiting sentencing after pleading guilty to molesting girls at Michigan State University and his home The common pain killer, Ibuprofen, may cause you harm later in life if you are taking a dosage similar to high-level athletes.The dosage can lead to a condition often seen in elderly men and can be linked to lower fertility, according to a new study published in the Proceedings of the National Academy of Sciences.
The study found that heavy usage "alters human testicular physiology," which results in a disorder called compensated hypogonadism. Taking place in Denmark and France, the study involved 31 adult men under the age of 35. Over a six-week period, the men took 1,200 milligrams of ibuprofen daily. Some men took a placebo instead. Testosterone-producing hormones in the ibuprofen subjects became tied to the amount of ibuprofen in their blood within two weeks. The ratio of the hormones to testosterone dropped, causing compensated hypogonadism. The Consumer Health Products Association "supports and encourages continued research and promotes ongoing consumer education to help ensure safe use of OTC medicines," said Mike Tringales, a spokesman for the association. "The safety and efficacy of active ingredients in these products have been well documented and supported by decades of scientific study and real-world use." Sources: CNN, USA Today
The A&M sports reporter was reported missing Sunday evening by her roommate. The roommate said that Roland sent her a text message about a suspicious man she saw in Walgreens who might be following her.
Police found her car early Monday morning in the parking lot of an Ethan Allen in the Galleria area. Found in the car were her phone and other items. Her purse was found at a nearby business. Roland was later spotted in a Chick-fil-A at 6 in the morning. A customer called police after recognizing her. Source: KPRC |
Sarah PearceI just like to let people know what's going on in this world Archives
July 2019
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