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ONCEMORE1 - Lovelace back in court Monday - Quincy, IL News - QuincyJournal.com
Do you know that for sure? Eight years ago, he wasn't suspected of "hurting" anyone, either.
CoolEdge - Lovelace back in court Monday - Quincy, IL News - QuincyJournal.com
There was not eight years of active investigation. There was no cause of death determined and the case was left open, iirc. Why an expert was not consulted earlier is a question someone probably should ask, or probably has asked. Someone in time looked at the case and saw something ... THEN it was further investigated and qualified medical examiners were consulted, and charges brought. The active…
rifleman0311 - Illinois video gambling revenues doubled in 2014 - Quincy, IL News - QuincyJournal.com
It's time to allow more than 2 machines per establishment in Quincy. We are missing out on revenue. What's the point of a 2 machine limit, let the bar owners decide how many they want.
1950Brutus - Strawman: #Hashtag You\'re It... - Quincy, IL News - QuincyJournal.com
You didn't mention the alcohol that would be needed in addition to the bags - something to make one forget what is under those bags.
UrKidsWillPay - Lovelace back in court Monday - Quincy, IL News - QuincyJournal.com
Just for reference, Sug Knight ran over and killed one man and injured another last night. He hit them first and then backed over them. Sug is a multi-millionaire (at least in earnings who knows if he has a dime to his name he did file for bankruptcy) and his bail was set at $2,000,000. It is a moot point given Lovelace's financial situation. Here is part of Sugs checkered past: "In 1997,…

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Editorials & Opinion

REBEL MEDIA: Rauner’s GTCR linked to nursing home deaths and abuse

1 year ago by Doug Ibendahl, Republican News Watch

Republican gubernatorial candidate Bruce Rauner pledges to run Illinois government “like a business.” In light of some disturbing facts which have come to light through multiple lawsuits involving Rauner’s former private equity firm, voters had better do their homework into what exactly the catchphrase “like a business” means to Mr. Rauner. 

The nursing home industry came under serious stress in the wake of the Balanced Budget Act of 1997. The law significantly changed Medicare’s reimbursement system. Where before Medicare had reimbursed nursing homes for their costs plus a profit, now there were strict limitations on reimbursements and new regulations on how long patients could stay in nursing homes for certain conditions.

In 2000 The Wall Street Journal said: “The vultures are circling the carnage in the nursing-home industry. With some of the largest nursing-home operators under bankruptcy protection and others heading in that direction, a number of deep-pocketed investors are preparing to swoop in on the choice morsels.”

Bruce Rauner’s Chicago-based investment firm GTCR, LLC (formerly known as GTCR Golder Rauner)decided to get in on the action and one vehicle it used was Trans Healthcare Inc. (“THI”). THI’s launch to acquire nursing homes appealed to GTCR “because a new prospective payment system for Medicare was just being implemented,” said Ned Jannotta Jr., then a GTCR principal.

Jannotta continued, “We thought it would create a lot of distress, and there would be a decline in multiples for assets and a decline in buyers for those assets.”

Rauner was with GTCR for three decades. He left the firm in October 2012 in advance of his run for governor.

GTCR’s foray into the nursing home business might have been good for the bank accounts of Bruce Rauner and his friends. But according to court documents, some elderly residents of those nursing homes paid the ultimate price.

http://republicannewswatch.com/wp/?p=13297

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