Doctors increasingly declaring bankruptcy as Obamacare kicks in, causing widespread care shortages

Just a few short years ago, Plantation, Fla.-based bankruptcy attorney David Langley did not have even one doctor as a client. But in the years that have followed, Langley has processed at least six bankruptcy cases involving physicians, and is currently working on two bankruptcy cases involving an orthopedic surgeon and an OB/GYN, according to CNNMoney.

Why this sudden increase in primarily private practice debacles? A changing healthcare environment prompted by [...]

Ex-CEO of Olympus blows the Whistle on Fraud and a Culture of Dysfunction in Japan

from Capital Account:

Recently, top bosses and executives at Olympus, the Japanese manufacturer of medical equipment and cameras, pleaded guilty to fraud in one of Japan’s largest corporate scandals. Today we talk to Michael Woodford, the former President and CEO of Olympus, about the scandal and its implications. It was big news in the spring of 2011 when he became president of the company, as he was the first westerner to climb [...]

FT: Greece’s ailing economy grinds to halt… Companies can no longer afford to pay employees

From FT:

Last week, Medical Service Limited, a small Athens’ supplier of medical equipment that can no longer afford to pay its employees, received what should have been a blessing: an order from one of the city’s hospitals for a heart monitoring machine.

But after thinking it over, Yannis Stamos, the company’s co-founder, turned the customer away. Filling the order would have meant reaching into Medical Service’s own pockets to cover the [...]

A retired special education teacher on his way to a wedding in Orlando, Fla., says he was left humiliated, crying and covered with his own urine recently after an enhanced pat-down by TSA officers.

A retired special education teacher on his way to a wedding in Orlando, Fla., said he was left humiliated, crying and covered with his own urine after an enhanced pat-down by TSA officers recently at Detroit Metropolitan Airport.

“I was absolutely humiliated, I couldn’t even speak,” said Thomas D. “Tom” Sawyer, 61, of Lansing, Mich.

Sawyer is a bladder cancer survivor who now wears a urostomy bag, which collects his urine from [...]

First-time mom gives birth on board plane with the help of passengers and makeshift tools sterilized with vodka

Unfortunately for expectant mothers, babies tend to arrive at the most inopportune moment.

For first-time mom Katherine Oyedoh who was 37 weeks pregnant, that moment happened to be 36,000 feet in the air somewhere between Atlanta and Senegal at 3.20am.

A Delta flight attendant for the last 30 years, Susan Carnes, from Tampa, Florida, had never encountered a mid-air pregnancy, but she knew what was happening as soon as she saw a [...]

‘OVERWEIGHT’ MAN RESCUED FROM CLUTTERED HOUSE; WALL KNOCKED DOWN

Man Rescued from Cluttered Home on Long Island: MyFoxNY.com

MYFOXNY.COM – First responders had to cut through the side of a house on Long Island to rescue a man who had become trapped inside on Thursday, Newsday reported.

The man, who was trapped in a second-floor bathroom, was very “overweight,” according to officials.

The Center Moriches home was so cluttered with debris that responders could not get medical equipment to the man in the [...]