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News - Springhill Care Group: Effective Communication with the Elderly - 1 views

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    http://news.springhillcaregroup.net/ It is quite a challenge sometimes to talk or to communicate to elderly because you may need to consider and deal with differences in ages, ideals, priorities and perhaps even hearing or mental cognition issues on top. Don't close your mind and take it for consideration that your elderly friend or loved one may have been raised differently. Generation gap is another issue why it can be hard to communicate with the elderly but once understood, you will find many wonderful things to learn from one another if you just take the time to listen. When talking to the elderly, look them in the eye. We all know that looking in the eye when talking to someone is a sign of respect. That is a general rule and that has always been and forever will be. An honest person will never be afraid to look you in the eye and it is also a sign of a genuine interest in the person you are conversing with. Do not use or maybe you could turn off you mobile devices, more often than not they do not understand these things and they will feel destructed by it and worse will feel like they are playing second fiddle to a piece of equipment that can lead to them to shut down and lose interest in talking to you. Always be respectful, this applies to everyone. You might confuse this with being sweet and condescending but these two are different from respect. Listen to them, or maybe if fitting you can place your hand on their hand or arm. Remember, they are your elderly and not your children so never call them names like, 'sweetie', 'honey', or 'darling', that will be rude! Never ever shout at them, if they have troubles hearing you or the surrounding get them hearing aide. They may pull away from communicating with anyone and even become bitter if this is taken for granted. And they may not admit this so it is up to you to notice if they cannot hear properly anymore or have them checked regularly. Never make them feel that being there for
Boris Dwight

As Senior Citizens Savour Care Homes: Home Care Group Springhill blog reviews - 1 views

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    http://www.thisdaylive.com/articles/as-senior-citizens-savour-care-homes/137658/ With increasing neglect by family and friends, coupled with the pressure of making ends meet, a growing number of elderly people are resorting to care homes to spend their final days on earth. Chiemelie Ezeobi writes The woman in the picture now lives at the Regina Mundi Home for the Elderly in Mushin, a Lagos community. She was abandoned by her family. "Isolation, discrimination, neglect and poverty are forcing elderly people to live a dismal life in care homes across the country," says Olubunmi Owosho, a social psychologist. At Regina Mundi Home for the Elderly, some of the people at the home were abandoned by their families in their old ages while some actually arrived there with the help of their family members who could no longer cope with caring for their needs. "It is important to make the elderly feel that they are still very relevant to the society. Some of them have worked for years and have contributed their quota to the society but were abandoned in their old age," says Anthonia Adebowale, a reverend sister. "Some have children whom we have to practically force to come and see them while others have irreconcilable differences with their relatives. "The elderly are often seen as the reservoirs of knowledge and the voice of wisdom whose fountain of experience are often needed to steer the ship of life. With the blessing of old age often comes the maturity to handle issues and therefore deserve to be supported and made happy and comfortable in the twilight of their ages," she explained. Reports suggest that there is evidence that the traditional practice of caring for parents began to erode under harsh economic conditions in urban areas across the country. For instance, there is absence of a social security system and only a minute percentage of the population older than 60 receives pensions before death. Analysts say, rapid urbanisation has displaced the
Springhill Care

Springhill Care Group | South Korean hospital won't transfer American home until $40K b... - 1 views

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    Springhill Care Group | South Korean hospital won't transfer American home until $40K bill is paid http://springhillcaregroup.net/archives/264 Sean Jones family ask for donations for the young English teacher who has the rare brain disease anti-NMDA receptor encephalitis, can continue treatment in the United States. According to the reports, the American teacher Sean Jones was treated for a rare brain disease in South Korea is unable to return home until his nearly-$40,000 hospital bill is paid The family of an American man stuck in a South Korean hospital is requesting for donations to bring him home. Since May, the young teacher Sean Jones from Oklahoma City, has been hospitalized with anti-NMDA receptor encephalitis, a rare autoimmune disease that causes swelling in the brain. Reports says that Yonsei University Severance Hospital in Seoul refuses to release him after his bill of nearly $40,000 is paid while Jones' family wants him transferred to an American hospital for continued treatment Friends and family have set up a Facebook page and a Giveforward.com account to raise money for medical costs. So far they have raised about three-quarters of the goal, Sean's mother, LaTanya Dodd, told The Korea Herald. "I really don't know if they can legally hold him here. If they can't legally do so, he will be going," said Dodd, who came to South Korea in July to care for her son, to the paper. "They won't care for him anymore, and that's what I'm worried about. Is that going to affect the whole outcome - just sitting here waiting?" Family members said Jones was moved to a group room and suffers from bedsores due to a lack of care. The fresh college grad, portrayed as outgoing and passionate about education, had been teaching English in Hwajung for almost a year when he started experiencing headaches and hallucinations. He was prescribed by the doctor, antidepressants and was advised to rest but his conditioned worsened. He was admitted t
Springhill Care

Springhill Care Group: Cost and Coverage of Home Care - 1 views

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    http://seniorhealth.about.com/od/eldercare/a/home_care_opt.htm Nursing home is a home combined with skilled nursing care, rehabilitative care, medical services, personal care, and recreation in a supervised and environment. letting your love ones stay in the nursing home may be hardest decision but choosing the right home will be next hardest. Entering the nursing home doesn't mean that the family involvement ends, instead it is their responsibility to make sure that the home care provides good care. Remember the following when choosing the best home care: * Have a discussion with the loved one who will be living there. This will aid in adjusting to the major life change about to occur. * Work together with other family members and inquire for help in finding the best nursing home. * Be in touch with doctors, nurses, or any other health professionals or social workers who care for your loved one. * Chat with some nursing home employees, especially assistants since they give most of the care. * Solicit a pastor or rabbi for guidance. * Contact the long-term care ombudsman. People often think that home care is expensive and yes nursing home care can be expensive. It can differ widely depending on where you live but often the average cost is more than $50,000 a year and rising. Sadly, employee health insurance does not pay for nursing home care. A great number of nursing home residents, about a third of its population, pay all of their nursing home expenses from their own funds. Long stay in a home care can consume all your or your loved one's savings fast. There are many who exhaust their finances after just six months. And about a five percent of them buys long-term care insurance, which covers the cost of a nursing home or other extended care. Medicare, the federal health insurance program for older persons and some younger ones with disabilities, pays for short-term nursing home stays but the rest, about two-thirds, are from the Medicaid.
Min Ho Park

Don't Let Nursing Homes Keep Elderly Married Couples Apart by Springhill Care Group - 0 views

http://springhillcaregroup-katarakumar.blogspot.com/2013/05/dont-let-nursing-homes-keep-elderly.html     According to a new study from the University of Alberta in Edmonton, Canada, senio...

Don't Let Nursing Homes Keep Elderly Married Couples Apart by Springhill Care Group

started by Min Ho Park on 20 May 13 no follow-up yet
andrewcartney

Springhill Care Groups | Advantages of Home Care - 1 views

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    Time is very essential to everybody. We will never know when were going to loose it. Today everyone seems to be very busy, everybody has to live and in order to live one must work for them. But we cannot work and take care of our parents or grandparents who's getting older and requires more care and attention. We became more concern about their safety at home. It's not an easy task caring for the elderly, especially if you are trying to do it alone. And aside from work, there comes a time when you will need a break, or just some time alone for yourself. With the constant worry that something may go wrong, the respites and personal time become nonexistent. Sometimes we are left with tough decision, whether or not an elderly family member should move into an assisted living facility is often one of the key questions. Home care for the elderly is an option for caregivers who need extra help while offering the elderly person a good quality of life for the rest of their years. To make your decision a lot easier, these advantages of letting elderly live in Home care might help you decide: 1. Seniors are getting more sensitive than usual. One advantage of leeting them stay in home care can give them the sense of freedom, and freedom for them could mean maintaining dignity, dignity which is something seniors feels like loosing as they age. This freedom would not be possible in an assisted living residence. This freedom could also mean that those who receive homecare can come and go as they please-for whatever reason. They can also choose their own meal times so they can eat whenever they are hungry unlike if meals are served to them, they might feel like prisoners. They are left with the feeling of they can decide for themselves. 2. It is proven that caring for pets can reduce stress levels and was also proven to have health benefits for seniors. Homes allow elderly to keep their pets and even beloved possessions with them for these possessions are tied
Thomas Lee

Springhill Group Home - How To Apply A Home Loan For First Time Buyers - blogger - 0 views

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    Purchasing and owning a home is one of the biggest financial investments you'll ever make, and no doubt you'll have many questions regarding the process. First-time buyers enjoy some special privileges and opportunities. Some banks will offer first-time buyers a bond above 100% to help you cover the transfer and legal costs as well as the purchase price. And almost all institutions now offer a 30 year bond repayment period, to make the monthly costs more accessible, an option which banks created specifically for first-time buyers. Make that very clear on your application that you're a first-time buyer. It is a general rule, make a quality purchase, buying a house is a big decision so you have to decide wisely. When house hunting you can follow this tips.
Gary Mason

Springhill Care Group | Alzheimer's as Most Feared Disease by Americans According to Poll - 1 views

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    Free Alzheimer's Training Available in all 50 States to Support Family Caregivers Alzheimer's disease is a fatal, progressive and degenerative disease that destroys brain cells. It is the most common form of dementia. Alzheimer's disease is not a normal part of aging. Symptoms include having difficulty remembering things, making decisions and performing everyday activities. These changes can affect the way a person feels and acts. There is currently no way to stop the disease, but research is improving the way provide care and will continue to search for a cure. Americans fear developing Alzheimer's disease more than any other major life-threatening disease, including cancer, stroke, heart disease and diabetes according to OMAHA, Neb. - November 13, 2012 - Home Instead Senior Care®, the world's leading provider of home care services for seniors, announced new survey results. More than 1,200 Americans was designed to gain perspective on the most pressing concerns associated with Alzheimer's, including diagnosis and the difficulties of caring for a loved one with the disease, according to the survey of Marist Institute for Public Opinion . According to Jeff Huber, president and chief operating officer of Home Instead, Inc. "The survey confirmed what our franchise owners had been hearing from their clients and their families - the majority of Americans feel unprepared to care for a loved one diagnosed with Alzheimer's. The need for support and education for these families is critical." Additional survey highlights include: o Nearly two-thirds of Americans (63 percent) have had a personal experience with someone with Alzheimer's and/or a serious memory loss problem. o 61 percent of Americans feel unprepared to care for a loved one diagnosed with the disease. o If diagnosed with the disease, Americans most fear the inability to care for oneself, and burdening others (68 percent); followed by losing memory of life and lov
Springhill Care

Springhill Care Group: Why Laughter is the Best Medicine - 0 views

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    We all hear this often, laughter is the best medicine. Despite the fact that this may be an old saying, it still holds as true up to present. Laughter grants a lot of health benefits. And what makes it a lot better, best of all, it is free and easy. Laughter helps to unite people going through difficult times this is according to HelpGuide.org. It can be able to also mend feelings of defeat and resentment, make anger softer, and generally help people become resilient or even losing someone. The therapeutic effortlessness of a soft smile or a hearty belly laugh has more of benefits than what was mentioned. It is much like of an exercise, there are many benefits plus the physical benefits of laughter can last for hours. These helpful gains may aid to: * Brighten mental clarity * Reduce blood pressure * Spark the immune system * Relax muscles and ease digestion * Release endorphins to dampen pain * Boost oxygen levels to the brain and circulatory system As a universal lingo, laughter is capable of also building social ties and dispersing anxiety. It smooths the progress of relationship and permits attachments while dropping social fear factors. Steve Wilson, Director of National Humor Month and Founder of The World Laughter Tour, started an international happiness epidemic in laughter clubs and outreach programs led by Certified Laughter Leaders. His methodology "utilizes a systematic activity approach that is based on a foundation of both ancient practices and modern medical science," and it supports primary treatment as an adjunctive therapeutic modality. Group laughter can also save you away from pain and depression through natural release even though anger and crying has long been conventional vehicles for catharsis and release in psychotherapy. Its consequence can be in impulsiveness of thinking and make the horrifying more reachable. This constructs a height of consciousness where one can move a bit further and w
Springhill Care

Springhill Care Group: Don't Let Nursing Homes Keep Elderly Married Couples Apart - 1 views

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    http://springhillcaregroup.net/archives/255 According to a new study from the University of Alberta in Edmonton, Canada, seniors work hard to keep their marriages alive and well, even after one spouse falls ill and goes into a long-term care facility. Community-dwelling spouses were greatly drawn in the lives of their partners who are inside the institution, and that a lot of the couples remained active together may it be inside or outside the nursing home Researcher Robin Stadnyk was surprised to discover about this. Stadnyk is a post-doctoral researcher in the University of Alberta's Department of Human Ecology. She reviewed data from a qualitative study of 52 community-dwelling spouses in three Canadian provinces: Alberta, Manitoba and Nova Scotia, for her PhD research. According to her research, the participants were heavily involved in their spouses' lives, not only through caretaking duties like doing laundry and helping with personal hygiene, but also through nurturing activities that brought them closer together. "Most participants described close relationships with their spouses before the placement in a long-term care home. They simply found ways they could continue that closeness within the institutional walls," Stadnyk noted. Marriage-sustaining activities included watching TV together, studying travel brochures and reviewing diaries to relive old memories, even taking painting lessons together. For regular weekly and even daily visits, some spouses do is they bring their partners home. A loving story of an 82-year-old man in the study took weight-training just so he could lift his wife in and out of the car for the weekly trip home. "The findings defy the common assumption that the partnership of marriage effectively ends when one spouse enters a care facility," Stadnyk said. Changing roles as give-and take-partners to compassionate caretakers, husbands and wives of partners with dementia carry on with nurturing their marriages. One of the thi
Rich Parker

Springhill Groups Home care for elderly to change - 0 views

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    THE future of the Home and Community Care Services (HACC) program in Bundaberg is up in the air with Wide Bay Hospital and Health Service (WBHHS) considering privatising the service. It could come as soon as March this year, with the final decision resting with the Federal Department of Health and Ageing (DoHA). WBHHS chief executive officer Adrian Pennington said transferring the delivery of HACC services to another provider was still a proposal but the change could affect about 800 clients in the Bundaberg region and 600 in the Fraser Coast. Mr Pennington said while clients could expect to receive similar or equal level of care under a new provider there were no guarantees the service would remain free. "While it would be our preference for our clients' sake to keep the service free, we are unable to speculate what fees, if any, would be applicable in future as this would be determined by the new provider," he said. "These clients will be notified of changes to the service via a letter this week." HACC provides many services including meals on wheels, transport and nursing care to support older people to stay at home and be more independent in the community. When the NewsMail asked how many jobs could be at risk Mr Pennington said: "As the consultation process with staff is ongoing, at this time I consider it premature and inconsiderate to discuss publicly staffing matters relating to HACC services." He said a meeting had been held with staff last week to provide help including contact details for organisations including the Employee Assistance Scheme. "We recognise this is a deeply unsettling time for people and I want to offer my assurance that we will support all staff and clients affected," he said. He said the details of the proposal were still to be finalised. "We are yet to properly liaise further with the Federal Department of Health and Ageing and the Queensland Department of Community Safety (DCS) as to what a transfer of
Gary Mason

Springhill Groups Home care for elderly to change - 0 views

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    THE future of the Home and Community Care Services (HACC) program in Bundaberg is up in the air with Wide Bay Hospital and Health Service (WBHHS) considering privatising the service. It could come as soon as March this year, with the final decision resting with the Federal Department of Health and Ageing (DoHA). WBHHS chief executive officer Adrian Pennington said transferring the delivery of HACC services to another provider was still a proposal but the change could affect about 800 clients in the Bundaberg region and 600 in the Fraser Coast. Mr Pennington said while clients could expect to receive similar or equal level of care under a new provider there were no guarantees the service would remain free. "While it would be our preference for our clients' sake to keep the service free, we are unable to speculate what fees, if any, would be applicable in future as this would be determined by the new provider," he said. "These clients will be notified of changes to the service via a letter this week." HACC provides many services including meals on wheels, transport and nursing care to support older people to stay at home and be more independent in the community. When the NewsMail asked how many jobs could be at risk Mr Pennington said: "As the consultation process with staff is ongoing, at this time I consider it premature and inconsiderate to discuss publicly staffing matters relating to HACC services." He said a meeting had been held with staff last week to provide help including contact details for organisations including the Employee Assistance Scheme. "We recognise this is a deeply unsettling time for people and I want to offer my assurance that we will support all staff and clients affected," he said. He said the details of the proposal were still to be finalised. "We are yet to properly liaise further with the Federal Department of Health and Ageing and the Queensland Department of Community Safety (DCS) as to what a transfer of
Krishna Singh

Springhill Group Korea: Is Home for the Aged a Better Option - 0 views

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    Home for the aged is a general term for a facility that cares for elderly people. It is not a question of where but a question of how. How is home for the aged can do good for our elderly? In a fast phase world like ours, finding time for fun and leisure is hard and finding time for family is harder. Sometimes we are left with no choice. We are forced to leave our elderly family members in a nursing home or more popular as home for the aged. There is always two sides in a story, leaving elderly family member in a caring home has advantages and disadvantages. Number of senior citizens suddenly seemed to multiply since 1950's. In 1900 the average life expectancy was forty-five, by 1950 the average life span was almost seventy years; the population has doubled but the number of people65 and over had quadrupled to become 8% of the total. In 1950's more and more population of "retirees" are supposed to get their pensions. Due to this case, extended families are seemed to be an obligation, where elderly had to stay with their sons, daughters or grandchildren. People then began wondering how to accommodate this burden. They started taking about nursing homes, retirement houses, or apartments where they can leave their elderly. Golden years are supposed to have a positive connotation but now the phrase developed into a different meaning. Instead of the "golden years" being now, I a one's old age golden refers to the good old days. Studies showed that people in developed countries are not only living longer, but also remain healthy for much of their lives, unlike in less developed countries, where the elderly tend to be plagued with serious illnesses. Causing them to live longer which means government has to support them because they are already retirees. In order to support them, one must work and working means no one to take care of the elderly. Elderly has a special healthcare although facilities like home for the aged are design
Rozen Monroe

springhillcare Presentations - 0 views

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    Springhill Care Group : Can you choose your own term mortgage? 10April 2012 - SpringhillCare - SlideShare - People are relying on mortgage in order to buy their own house. Investing in a house is considered to be the biggest financial commitment one can ever make. Therefore, it will be beneficial for the consumer if you could choose your own mortgage term. Before you apply for a mortgage loan make sure that you take help of a loan mortgage calculator to calculate your monthly payment. This will help you determine the mortgage loan that you can afford to take out. When a borrower chooses his own term mortgage then it will be easier for him to pay off the owed amount without a single default Quicken loan offers "YOURmortgage" where the consumers will determine the length of the mortgage where you can choose the term between 8 to 30 years. Therefore, if you are not keen to apply for a standard 30 or 15-year term then refinancing your mortgage into an 18-year fixed or a 24-year fixed loan can be beneficial for you. If your loan term is short then interest rate will be comparatively lower, thereby you can save considerable amount of money.  If you take out 15 years fixed term mortgage then the interest rate will be lower than 30 years fixed term mortgage. So you can save considerable amount of money with a shorter term as less interest will be paid over a shorter amount of time. In shorter term mortgage you pay less as the loan amortizes faster. But remember that the monthly mortgage will be higher if your loan term is shorter. So this is considered to be a drawback of this mortgage program. Reason behind choosing your own mortgage term: You can choose your own mortgage term in accordance with your budget. This will help you avoid burning a hole in your pocket while paying back the owed amount. You can set your mortgage term according to age you plan to retire. Therefore, before your retirement you'll be able to pay back the mortgage loan and avoid def
Floyd Filbert

Obits for Apr. 2, 2012 - 0 views

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    Hazel Sarah Musfelt Hazel Sarah (Perreten) Musfelt, 96, formerly of Rushville, passed away March 29, 2012 at the heritage Nursing Home in Bridgeport. She was a resident of Sheridan County most of her life and also resided in Cherry County for twenty years. The eldest of eight children, Hazel was born December 30, 1915 to the parents of William and Lulu Perreten at the home of her grandmother Sarah Spittler in Hay Springs. She was baptized February 14, 1927 at Clinton with the Rev A.E. Richardson. While at home, Hazel worked in the fields alongside her father and spoke very admirably of him. Growing up she rode her horse four miles to District 14 School and also back and forth to town to take music lessons from Mrs. Roland Fairhead, tying her horse to the hitching post, east of where the bank offices used to be, now the Chamberlain Garage. Later she drove the horse and buggy to pick up the neighbor children and the teacher. In high school her father got her a Model T Ford to go to school during the winter months and recalls she would have to drain the radiator so it wouldn't freeze then got into the boiler room in the school to heat up water before heading back home. After graduating from Rushville High School in 1935, Hazel cooked for the Sandoz Ranches. She married Edward Musfelt, a ranch hand from the Sand Hills. Their union was blessed with one child, daughter Bonnie Mae. They worked at different ranches before Edward went to work at the Dept of Defense at Sidney, Harvard, Alliance and Crawford. They leased the Hanchett Ranch for 16 years in Cherry County on share basis (half calf crop.) She worked side by side with her husband putting up hay; mowing, sweeping, raking and also fixing fences. She also raised 500 chickens, and her cellar was full of canned meat, vegetables, fruits, jellies and she made her own soap. They then ranched south of Eli for 9 years for Stan and Ada Mae Boltz. In 1965, Hazel and Edward purchased and operated the Hills Motel in Gordon for
Springhill Care

Springhill Group Home : Demand for personal care aides expected to grow | RedGage - 0 views

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    As the American population grows rapidly, the field of healthcare becomes alert of the upcoming strong demand for senior healthcare providers. view link here: http://www.redgage.com/blogs/trishakolens/springhill-group-home-demand-for-personal-care-aides-expected-to-grow.html Personal care providers do not really do physically invasive therapies and are not under the supervision of a nurse, there are no existing federal qualifications in place for this profession. However, nursing aides are required by government to have certain certifications to ensure their capabilities. It is an essential measure to protect the senior population. For instance, a caregiver who is not alert may effectively endanger his charge and lead to disastrous results. Several states do have regulations in place to address the caregiving sector. In California, each county has to keep a record of healthcare providers that consists of background checks and referrals. While in Washington, aides should have finished 75 hours of basic training and pass an exam. However, others seem to be more focused on direct care providers in general when establishing relevant legislation. Actually, most of the elderly only needs assistance in day-to-day activities and do not need a medical professional to look after them. This is where the legislators need to address. Creating policies that concern caregivers is essential to the long-term care policy of any country. With the growing number of elderly people, the need for safe and effective caregiving for seniors is imperative.
Scott Clinton

Springhill CareGroup: Springhill Group Counselling - 0 views

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    (1888PressRelease) Uncovering medicare scams latest news articles for general public to use. U.S. Rep. Ileana Ros-Lehtinen, R-Miami, has reintroduced legislation that would double the amount of fines and incarceration for people in prison for Medicare fraud/scam. It also creates a new criminal offense punishable with a 10 year minimum sentence for those who intentionally sell or distribute the ID numbers of Medicare beneficiaries. According to the Springhill Group, the legislation also bars those who have been part of Medicare dupery in the past from billing Medicare if they switch companies. It also facilitates real-time information sharing among law enforcement agencies to aid in uncovering and dismantling Medicare scams. "South Florida has been known as the epicenter of Medicare dupery for years," she said. "It is time we took the fight to those who seek to defraud Medicare and prey on our most vulnerable citizens. This bill not only raises the penalties for those who engage in Medicare fraud, but also sets up a pro-active paradigm that will help stem the tide of abuse in South Florida and across the nation."The bill takes particular aim at Medicare theft in Miami-Dade County, widely regarded as the nation's capital of healthcare dupery. Medicare dupery in South Florida costs taxpayers between $3 billion and $4 billion every year, according to law enforcement and healthcare officials. Nationwide, Medicare and other healthcare fraud is estimated to cost $68 billion each in very year. http://springhillmedgroup.com Springhill Group | Redgage » Making healthy choices, Living healthy life%u2026.. Springhill Health and Medical Group is a professional solution of home health, medical staffing, and wellness services. As a full-service healthcare company, Springhill Group Services has a wide range of experience providing home health, medical staffing, and wellness services in communities nationwide. We are dedicated to delivering our patients
Springhill Care

Springhill Care Group: Can you choose your own term mortgage? - 0 views

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    (SpringhillCareGroup) 28March 2012 - People are relying on mortgage in order to buy their own house. Investing in a house is considered to be the biggest financial commitment one can ever make. Therefore, it will be beneficial for the consumer if you could choose your own mortgage term. Before you apply for a mortgage loan make sure that you take help of a loan mortgage calculator to calculate your monthly payment. This will help you determine the mortgage loan that you can afford to take out. When a borrower chooses his own term mortgage then it will be easier for him to pay off the owed amount without a single default. Quicken loan offers "YOURmortgage" where the consumers will determine the length of the mortgage where you can choose the term between 8 to 30 years. Therefore, if you are not keen to apply for a standard 30 or 15-year term then refinancing your mortgage into an 18-year fixed or a 24-year fixed loan can be beneficial for you. If your loan term is short then interest rate will be comparatively lower, thereby you can save considerable amount of money. If you take out 15 years fixed term mortgage then the interest rate will be lower than 30 years fixed term mortgage. So you can save considerable amount of money with a shorter term as less interest will be paid over a shorter amount of time. In shorter term mortgage you pay less as the loan amortizes faster. But remember that the monthly mortgage will be higher if your loan term is shorter. So this is considered to be a drawback of this mortgage program. Reason behind choosing your own mortgage term: You can choose your own mortgage term in accordance with your budget. This will help you avoid burning a hole in your pocket while paying back the owed amount. You can set your mortgage term according to age you plan to retire. Therefore, before your retirement you'll be able to pay back the mortgage loan and avoid default. You can choose a mortgag
Springhill Care

SOUTH GROUP SPRINGHILL KOREA: China, Korea linked to pill scam | Bangkok Post: news | D... - 0 views

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    The move came after the Department of Special Investigation (DSI) obtained information that a Thai company had struck a deal to buy 10 billion pseudoephedrine-based cold tablets from a Chinese firm. Previously, the DSI obtained information that the firm also signed a deal to buy 850 million tablets, or 40 tonnes of the medicine, from South Korea. The DSI found that 87 million cold tablets were transported into Thailand from South Korea by plane on nine occasions since 2010. They had false air cargo manifests to avoid attracting attention from the authorities. The DSI suspected the medicines were smuggled in from South Korea. The DSI is investigating two companies suspected of being involved in the smuggling of the pills from overseas. The companies are UTAC Thai Co Ltd, a supplier of integrated circuits, and TVR Group Co Ltd, a car dealer and vehicle hire firm. Some information relating to the drug purchases was uncovered at the companies during recent searches of their premises but the firms denied any involvement. Mr Tarit said yesterday DSI officials also discovered a contract to buy 10 billion pseudoephedrine-based cold tablets from China during the search at UTAC Thai Co Ltd. Under the contract, the first batch of 2 million tablets was to have been shipped to Thailand on July 31, 2009. He said the DSI also found a photo showing a man collecting the pills from Suvarnabhumi airport cargo warehouse. The cold tablets from China and South Korea have the same brand name of COLCOLCO, he said. Mr Tarit said DSI officials also searched the company's factory but there was nothing amiss. However, it was found that the company had three South Korean executives and one Thai executive, Mr Tarit said. He said the Korean Food and Drug Administration recently sent information regarding the nine shipments of pills which showed the contract to buy the cold tablets from South Korean was signed by UTAC Thai Co. Mr Tarit said the DSI'
Taara Polish

S. Korea Different From Japan in Property Bubble, Say Experts | LoanSafe - 0 views

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    A group of real estate experts downplayed the possibility of a Japan-like property bubble burst at a forum hosted by the Korea Chamber of Commerce and Industry on Tuesday. Participants who shared the view that South Korea's property market is different from Japan included professor Choi Hee-gap from Ajou University. Choi said that Japan suffered a property market crash - ?which was initiated by enterprises in the 1980s? - in the wake of policymakers? rapid hikes in interest rates in the 1990s. ?Unlike the Japanese case, Korea saw the expansion of the realty market on the back of active investment of households," he argued. ?Further, thanks to financial authorities? strict regulations on mortgage loans over the past several years, a bubble in housing prices is not so big." But he added that the government should implement detailed measures to cope with the aging society and resolve worries over a sharp drop in housing prices. Kim Deok-ryeh, a researcher at Korea Housing Institute, said whether the sluggish real estate market will be revitalised depends on ?the pending bill on easing regulations, the coming presidential elections and the eurozone fiscal crisis?. Among the participants were officials from the Ministry of Land, Transportation and Maritime Affairs, Hyundai Research Institute, Citizens? Coalition for Economic Justice and the Korea Housing Builders Association. About 180 business leaders also participated in the KCCI forum as observers. Meanwhile, Hyundai Research Institute recently warned that Korea may follow in the footsteps of Spain and Ireland as the country is now past its demographic window, the period when the percentage of people able to work reaches its peak. ?We must be mindful of the possibility of a property bubble burst as a sharp fall in the proportion of the working age population cuts demand for real estate," an HRI analyst said in the report titled ?Time to Prepare for Demographic Bo
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