Berkshire Buys Big into DaVita, Firm Accused of Medicare Fraud

Warren Buffett’s Berkshire Hathaway apparently has a large stake in DaVita Healthcare Partners. An earlier entry on this blog discussed accusations that DaVita Healthcare Partners has committed substantial healthcare fraud by charging the taxpayer millions of dollars for medicine that is needlessly thrown away. Apparently the DaVita investment is due to Ted Weschler, one of two deputies to whom Buffett has delegated the investment of some of Berkshire’s funds.

(p. 3D) Weschler is believed to be behind Berkshire’s aggressive move into DaVita Healthcare Partners — a stock he owned when he ran his own hedge fund. Berkshire bought 10.9 million shares last year, becoming Da-Vita’s largest stakeholder with 15.7 percent of the company. DaVita provides kidney dialy­sis services and is seen as a consistent cash-flow genera­tor. In November, the company closed its $4.7 billion purchase of Healthcare Partners, one of the country’s largest operators of medical groups and physi­cian networks. DaVita shares rose more than 35 percent in the past 12 months.

For the full story, see:

MarketWatch . “Buffett was avid hunter of 6 stocks last year; Wells Fargo, GM and DirecTV top Berkshire’s list.” Omaha World-Herald (Tues., March 12, 2013): 1D & 3D.

21st Century Person Would Be Sick in Dickens’ 1850 London

NancyFromOliverTwist2013-05-04.jpg “Anderson found Dickens World to be “surprisingly grisly” for a park that markets itself to children; he noted several severed heads and a gruesome performance of “Oliver Twist” in the courtyard. Here, a mannequin of Nancy from “Oliver Twist.”” Source of caption and photo: online version of the NYT article quoted and cited below.

(p. 48) . . . even if it were possible to create a lavish simulacrum of 1850s London — with its typhus and cholera and clouds of toxic corpse gas, its sewage pouring into the Thames, its (p. 49) average life span of 27 years — why would anyone want to visit? (“If a late-20th-century person were suddenly to find himself in a tavern or house of the period,” Peter Ackroyd, a Dickens biographer, has written, “he would be literally sick — sick with the smells, sick with the food, sick with the atmosphere around him.”)

For the full story, see:
SAM ANDERSON. “VOYAGES; The Pippiest Place on Earth.” The New York Times Magazine (Sun., February 7, 2012): 48-53.
(Note: ellipsis added.)
(Note: the online version of the story has the date February 7, 2012 (sic), and has the title “VOYAGES; The World of Charles Dickens, Complete With Pizza Hut.”)

Much of Human Genome Consists of Usually-Inactive Ancient Retrovirus Genes

(p. C4) Might some forms of neurological illness, such as multiple sclerosis and schizophrenia, be caused at least partly by bacteria, viruses or other parasites? A largely Danish team has recently published evidence of a strong association between multiple sclerosis and a retrovirus, together with hints that a gene called TRIM5, which is used by cells to fight viruses, is especially active in people with MS.
. . .
The virus implicated in multiple sclerosis is called HERV-Fc1, a bizarre beast called an “endogenous” retrovirus. What this means is that its genes are part of the human genome. For millions of years, they have been integrated into our own DNA and passed on by normal heredity. It was one of the shocks of genomic science to find that the human genome contains more retroviral than “human” genes: some 5% to 8% of the entire genome.
Normally, the genes of endogenous retroviruses remain dormant, but–a bit like a computer virus that springs into action on a trigger–something wakes them up sometimes, and actual viruses are made from them, which then infect other cells in the body. The Danish scientists suggest that this is what happens in multiple sclerosis. Bjørn Nexø of Aarhus University writes that “retroviral infections often develop into running battles between the immune system and virus, with the virus mutating repeatedly to avoid the immune system, and the immune system repeatedly catching up. One can see the episodic nature of multiple sclerosis as such a running battle.”

For the full commentary, see:
MATT RIDLEY. “MIND & MATTER; The Good News About the Virus in Your Genes.” The Wall Street Journal (Sat., March 10, 2012): C4.
(Note: ellipsis added.)
(Note: the online version of the commentary has the date March 9, 2012.)

Stem-Cell Researchers Developing Experimental Personalized Medicine

(p. C4) Last month a team at Johns Hopkins University and the Sloan-Kettering Institute for Cancer Research, using a version of Dr. Yamanaka’s technique, successfully grew nerve cells from a patient suffering from a rare disease called Riley-Day syndrome, which is linked to early mortality, seizures and other symptoms and caused by a fault in one gene.
But the purpose was not to put these cells back into the patient. Instead the scientists tested 6,912 chemical compounds on the cells to see if they could find one that “rescued” the “expression” of the gene: that is to say, caused it to produce the protein it is supposed to produce. One of the compounds worked, inducing the gene to be actively transcribed by the cell.
In the not-very-distant future, when something is going wrong in one of your organs, one treatment may be to create some stem cells from your body in the laboratory, turn them into cells of that organ, or even rudimentary structures, and then subject them to experimental treatments to see if something cures the problem. The goal of personalized medicine, in other words, may be reached by stem-cell researchers before it’s reached by geneticists.

For the full commentary, see:
MATT RIDLEY. “MIND & MATTER; Stem-Cell Cures Without the Controversy.” The Wall Street Journal (Sat., December 8, 2012): C4.
(Note: the online version of the commentary has the date December 7, 2012.)

Longer Life Spans “Allowed More Time to Invent New Tools”

(p. 33) The primary long-term consequence of . . . slightly better nutrition was a steady increase in longevity. Anthropologist Rachel Caspari studied the dental fossils of 768 hominin individuals in Europe, Asia, and Africa, dated from 5 million years ago until the great leap. She determined that a “dramatic increase in longevity in the modern humans” began about 50,000 years ago. Increasing longevity allowed grandparenting, creating what is called the grandmother effect: In a virtuous circle, via the communication of grandparents, ever more powerful innovations carried forward were able to lengthen life spans further, which allowed more time to invent new tools, which increased population. Not only that: Increased longevity “provide[d] a selective advantage promoting further population increase,” because a higher density of humans increased the rate and influence of innovations, which contributed to increased populations. Caspari claims that the most fundamental biological factor that underlies the behavioral innovations of modernity maybe the increase in adult survivorship. It is no coincidence that increased longevity is the most measurable consequence of the acquisition of technology. It is also the most consequential.

Source:
Kelly, Kevin. What Technology Wants. New York: Viking Adult, 2010.
(Note: ellipsis added; bracketed “d” in Kelly’s original.)

Working Rat Kidney Is Created in Lab

(p. A10) Researchers at Massachusetts General Hospital in Boston have made functioning rat kidneys in the laboratory, a bioengineering achievement that may one day lead to the ability to create replacement organs for people with kidney disease.
The scientists said the rat kidneys produced urine in the laboratory as well as when transplanted into rats. The kidneys were made by stripping donor kidneys of their cells and putting new cells that regenerate tissue into them. Stripping an organ leaves a natural scaffold of collagen and other compounds, called the extracellular matrix, which provides a framework for new cells and preserves the intricate internal architecture of the kidney as well as its basic shape.
Dr. Harald C. Ott, senior author of a paper describing the research that was published online Sunday by the journal Nature Medicine, said that the work was still in its early stages and that there were many hurdles to creating fully functional kidneys for people. But he noted that replacement organs made in this way would have advantages over those made with artificial scaffolds or other techniques.

For the full story, see:
HENRY FOUNTAIN. “Rat Kidneys Made in Lab Point to Aid for Humans.” The New York Times (Mon., April 15, 2013): A10.
(Note: the online version of the story has the date April 14, 2013.)

Hunter-Gatherers Complained of Hunger and Food Monotony

(p. 30) Based on numerous historical encounters with aboriginal tribes, we know [hunter-gatherers] often, if not regularly, complained about being hungry. Famed anthropologist Colin Turnbull noted that although the Mbuti frequently sang to the goodness of the forest, they often complained of hunger. Often the com-(p. 31)plaints of hunter-gathers were about the monotony of a carbohydrate staple, such as mongongo nuts, for every meal; when they spoke of shortages, or even hunger, they meant a shortage of meat, and a hunger for fat, and a distaste for periods of hunger. Their small amount of technology gave them sufficiency for most of the time, but not abundance.

Source:
Kelly, Kevin. What Technology Wants. New York: Viking Adult, 2010.
(Note: “hunter-gathers” substituted for “they” by AMD.)

Liver Transplant Pioneer Roy Calne Has a “Rebellious Nature”

CalneRoyLiverTransplantPioneer2013-03-09.jpg

“Roy Y. Calne” Source of caption and photo: online version of the NYT interview quoted and cited below.

(p. D2) Sir Roy Calne is a pioneer of organ transplants — the surgeon who in the 1950s found ways to stop the human immune system from rejecting implanted hearts, livers and kidneys. In 1968 he performed Europe’s first liver transplant, and in 1987 the world’s first transplant of a liver, heart and lung.
. . .
When you were studying medicine in early-1950s Britain, what was the prevailing attitude toward organ transplantation?
It didn’t exist! While a medical student, I recall being presented with a young patient with kidney failure. I was told to make him as comfortable as possible because he would die in two weeks.
This troubled me. Some of our patients were very young, very deserving. Aside from their kidney disease, there was nothing else wrong with them. I wondered then if it might be possible to do organ transplants, because kidneys are fairly simple in terms of their plumbing. I thought in gardening terms. Might it not be possible to do an organ graft, replacing a malfunctioning organ with a healthy one? I was told, “No, that’s impossible.”
Well, I’ve always tended to dislike being told that something can’t be done. I’ve always had a somewhat rebellious nature. Just ask my wife.

For the full interview, see:
CLAUDIA DREIFUS, interviewer. “A CONVERSATION WITH ROY Y. CALNE; “I’ve always tended to dislike being told that something can’t be done. I’ve always had a somewhat rebellious nature.”” The New York Times (Weds., November 27, 2012): D2.
(Note: ellipsis added; bold in original to indicate interviewer (Dreifus) question.)
(Note: the online version of the interview has the date November 26, 2012 and has the title “A CONVERSATION WITH ROY Y. CALNE; Organ Transplant Pioneer Talks About Risks and Rewards.”)

Energy-Efficient Buildings Increase Indoor CO2 Pollution and Impair Decision-Making

(p. C4) Carbon dioxide at levels normally found indoors is usually considered benign, especially compared with carbon monoxide. But a study finds that even modestly elevated CO2 can impair decision-making.
. . .
Given the emphasis on energy-efficient buildings, which are often more airtight, the study suggests that carbon dioxide might be an indoor pollutant to worry about–especially in conference rooms, where important decisions are hashed out.

For the full story, see:
Daniel Akst. “WEEK IN IDEAS; Week in Ideas: Daniel Akst; POLLUTANTS; Blame It on the Air.” The Wall Street Journal (Sat., October 27, 2012): C4.
(Note: ellipsis added.)
(Note: the online version of the story has the date October 26, 2012.)

The study summarized is:
Satish, Usha, Mark J. Mendell, Krishnamurthy Shekhar, Toshifumi Hotchi, Douglas Sullivan, Siegfried Streufert, and William J. Fisk. “Is Co2 an Indoor Pollutant? Direct Effects of Low-to-Moderate Co2 Concentrations on Human Decision-Making Performance.” Environmental Health Perspectives (Sept. 20, 2012): 1-35.
(Note: it is not clear to me if Environmental Health Perspectives is an online journal or an online working paper series. Whatever it is, it is affiliated with the National Institute of Environmental Health Sciences.)

Greater Efforts to Save Premature Babies Inflates U.S. Infant-Mortality

(p. A13) The federally chartered Institute of Medicine issued a comprehensive report last month on the state of American health. Saying that “Other high-income countries outrank the United States on most measures of health,” the report concluded that the U.S. “is among the wealthiest nations in the world, but it is far from the healthiest.”
. . .
As the report’s authors point out, the U.S. has the highest infant-mortality rate among high-income countries.
. . .
Doctors in the U.S. are much more aggressive than foreign counterparts about trying to save premature babies. Thousands of babies that would have been declared stillborn in other countries and never given a chance at life are saved in the U.S. As a result, the percentage of preterm births in America is exceptionally high–65% higher than in Britain, and about double the rates in Finland and Greece.
Unfortunately, some of the premature babies that American hospitals try to save don’t make it. Their deaths inflate the overall infant mortality rate.

For the full commentary, see:
SALLY C. PIPES. “OPINION; Those Misleading World Health Rankings; The numbers are distorted because, for instance, U.S. doctors try so hard to save premature babies.” The Wall Street Journal (Tues., February 5, 2013): A13.
(Note: ellipses added.)
(Note: the online version of the commentary has the date February 4, 2013.)

Jobs’ Protest Against Mortality: Omit the On-Off Switches on Apple Devices

(p. 571) . . . [Jobs] admitted that, as he faced death, he might be overestimating the odds out of a desire to believe in an afterlife. “I like to think that something survives after you die,” he said. “It’s strange to think that you accumulate all this experience, and maybe a little wisdom, and it just goes away. So I really want to believe that something survives, that maybe your consciousness endures.”
He fell silent for a very long time. “But on the other hand, perhaps it’s like an on-off switch,” he said. “Click! And you’re gone.”
Then he paused again and smiled slightly. “Maybe that’s why I never liked to put on-off switches on Apple devices.”

Source:
Isaacson, Walter. Steve Jobs. New York: Simon & Schuster, 2011.
(Note: ellipsis and bracketed “Jobs” added; italics in original.)