Daily Archives: May 7, 2024

(WSJ) One of the Biggest Hospital Failures in Decades Raises Concerns for Patient Care

Hospitals in eight states are at risk of running out of cash after their owner filed for bankruptcy, potentially pitting the chain’s creditors against regulators, who raced to address concerns about safety.

Steward Health Care System became one of the largest hospital bankruptcies in decades when it filed for chapter 11 early Monday. The chain, which operates 30 hospitals, has been in dire financial straits for months, failing to pay bills and burning through emergency loans.

State regulators are worried about Steward, whose physicians provide care for 2.2 million patients a year. In one Steward hospital, bats prompted the evacuation of an intensive-care unit. At others, traveling nurses left after not being paid, and executives have swapped equipment to fill gaps.

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Posted in * Economics, Politics, Economy, Health & Medicine, Law & Legal Issues, The U.S. Government

(Church Times) A report on the first Church Times Festival of Faith and Music

Here was an assembly of people with a shared commitment to finding practical ways to encourage heavenly music in cathedrals and parish churches across the land; and, queuing for tea in a Regency building suffused in light and beauty, a dean, a precentor, or a director of music had the same mission and purpose as someone running a church choir that might have dwindled to single figures, but that remained a cherished expression of the divine.

The Archbishop of York put his finger on it. He was upbeat, urging his listeners never to take for granted the “precious and beautiful treasure” that was church music. He declared, in a talk, “Tuning Forks and Orchestras”, that he didn’t personally take up the offer of a tuning fork when leading responses — “I prefer to choose a note myself” — provoking from this assembly a mock intake of breath.

But his point was that the unifying single note of the tuning fork was the will of God. Those assembled were his orchestra. And whether they played trombone or kazoo, violin or spoons, they were called to sing God’s praise “for our own day . . . our own churches . . . our own communities”. The Church was seeing a renaissance of music-making in all its diversity, he suggested, thus demonstrating the gospel to be “good and true but also beautiful”.

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Posted in Church of England, England / UK, Music, Religion & Culture

([London] Times) Genetic trait that virtually ‘guarantees’ Alzheimer’s identified

Researchers have identified a genetic trait that makes it virtually “guaranteed” a person will get Alzheimer’s, in a discovery that may pave the way to better targeted treatments and earlier diagnoses.

A study found that having two copies of a specific gene makes it almost inevitable that a person will eventually develop symptoms.

Experts said the discovery may help the development of targeted treatments and could enable genetic testing and earlier interventions.

More than 900,000 people have dementia in the UK, the majority of whom have Alzheimer’s. There is no cure for the disease, although treatments have been found to slow its progress.

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Posted in Health & Medicine, Science & Technology

(CRFB) Social Security and Medicare Trustees Release 2024 Reports

The Social Security and Medicare Trustees just released their annual reports on the financial status of the Social Security and Medicare programs. The Trustees project that both the Social Security and Medicare trust funds are within 12 years of insolvency and in need of trust fund solutions. Specifically, they project the Social Security Old Age and Survivors Insurance (OASI) trust fund will run out of reserves in 2033, the Medicare Hospital Insurance (HI) trust fund will become insolvent by 2036, and the Social Security Disability Insurance (SSDI) trust fund will remain solvent over the 75-year projection window. Assuming revenue is reallocated in the years between OASI and SSDI insolvency, the theoretically combined Social Security trust funds will be insolvent by 2035.

In other words, Social Security’s retirement trust fund will reach insolvency when today’s 58-year-olds reach the normal retirement age and today’s youngest retirees turn 71. At that point, all beneficiaries will face a 21 percent across-the-board benefit cut. On theoretically combined basis, all beneficiaries will face a 17 percent cut in 2035. Over the full 75-year projection window, Social Security’s combined funds faces an actuarial imbalance of 3.50 percent of taxable payroll, which is the equivalent of 1.2 percent of Gross Domestic Product (GDP) or 20 percent of all future benefits.

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Posted in * Economics, Politics, Aging / the Elderly, America/U.S.A., Budget, Economy, Ethics / Moral Theology, House of Representatives, Medicare, Personal Finance, Politics in General, President Joe Biden, Senate, Social Security, The U.S. Government

(Wash. Post) Under Putin, a militarized new Russia rises to challenge U.S. and the West

As Vladimir Putin persists in his bloody campaign to conquer Ukraine, the Russian leader is directing an equally momentous transformation at home — re-engineering his country into a regressive, militarized society that views the West as its mortal enemy.

Putin’s inauguration on Tuesday for a fifth term will not only mark his 25-year-long grip on power but also showcase Russia’s shift into what pro-Kremlin commentators call a “revolutionary power,” set on upending the global order, making its own rules, and demanding that totalitarian autocracy be respected as a legitimate alternative to democracy in a world redivided by big powers into spheres of influence.

“Russians live in a wholly new reality,” Dmitri Trenin, a pro-Kremlin analyst, wrote in reply to questions about an essay in which he argued that Russia’s anti-Western shift was “more radical and far-reaching” than anything anticipated when Putin invaded Ukraine but also “a relatively minor element of the wider transformation which is going on in Russia’s economy, polity, society, culture, values, and spiritual and intellectual life.”

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Posted in Foreign Relations, Globalization, Military / Armed Forces, Politics in General, Russia

A Prayer for the day from John Cosin

Almighty God, Lord of Heaven and earth, in whom we live and move and have our being; who doest good unto all men, making thy sun to rise on the evil and on the good, and sending rain on the just and on the unjust: Favourably behold us thy servants, who call upon thy name, and send us thy blessing from heaven, in giving us fruitful seasons, and satisfying us with food and gladness, that both our hearts and mouths may be continually filled with thy praise, and we may ever give thanks to thee in thy holy Church; through Jesus Christ our Lord.

Posted in Easter, Spirituality/Prayer

From the Morning Scripture Readings

First of all, then, I urge that supplications, prayers, intercessions, and thanksgivings be made for all men, for kings and all who are in high positions, that we may lead a quiet and peaceable life, godly and respectful in every way. This is good, and it is acceptable in the sight of God our Savior, who desires all men to be saved and to come to the knowledge of the truth. For there is one God, and there is one mediator between God and men, the man Christ Jesus, who gave himself as a ransom for all, the testimony to which was borne at the proper time.

–1 Timothy 2:1-6

Posted in Theology: Scripture