Word: paperwork
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...seller of the townhomes when filing the loan applications - all without ever buying a unit. Louisma allegedly used his chiropractor business to falsify borrower names and incomes (making it seem they were his employees). The duo's accused associate, Michael Acosta, a Boca Raton property appraiser, allegedly filed paperwork listing the value of each townhome at $400,000, as Rivera put together a plan to buy them at a mere $216,000 each. The applications were then said to have been shepherded through the process by an unidentified mortgage broker...
...some ways, auditing is helping to promote the very practices it purports to detect. In The China Price, Alexandra Harney describes how Chinese suppliers set up "five-star factories" whose model working conditions impress auditors, while also creating "shadow" factories to meet actual order deadlines. With a minimum of paperwork or safety codes, staffed by migrant workers who often put in 12-hour days seven days a week, these shadow factories are unregulated, but common. The craze for auditing has, paradoxically, led factory owners to create such factories. It also sops up resources that could be channeled toward improving labor...
Harris, a practicing general internist and a Wharton M.B.A., has used his clinical experience to foster innovation that directly benefits patients. The hospital's 3 million--plus patients can schedule appointments online, for example, and fill out paperwork on the Web before they get to the waiting room. Cleveland Clinic's specialists supply second opinions to patients worldwide who enter symptoms into an Internet form and then send test results to doctors via FedEx. Cardiologists silently, invisibly monitor patients' pacemakers and other implanted devices remotely to make sure they're functioning correctly. Soon robotic carts will transport supplies and sanitary...
Another concern is, how much incentive pay is enough. There is no universal standard to determine which measures qualify for bonus pay - or how much - so some doctors end up filling out a lot of paperwork to comply with different insurance plans. The administrative costs often outweigh any financial benefit they see for pursuing improvements. "If health plans want physicians to participate, they'd be much better off collaborating beforehand to set norms," says Hindy Shaman, director of health industries for the consulting firm PricewaterhouseCoopers. "Doctors won't waste their time if they have to fill out 20 different forms...
...Reilly said she realized, “It’s not ever over. It’s not ever solved...It’s just like housework and paperwork and taxes, you just have to do a little bit every...