American Enterprise Party Founder and CEO...who am I and what do I stand for? episode artwork

EPISODE · Oct 6, 2021 · 39 MIN

American Enterprise Party Founder and CEO...who am I and what do I stand for?

from The American Enterprise Manifesto: My America's Vision of Peace and Nonviolence for Humanism · host Jerry Rhoads

My name is Jerry Rhoads.  I'm originally from Indianola, Iowa the home of corn not porn.  The town was called God's little acre in the 1940's since it was dry, no alcohol, no drugs, no divorces, no teen pregnancies, no racism with no blacks, yellows or reds, no anti-Semitism with no Jews or Muslims, no socialism, fascism or communism except in the war news.  Woke was the alarm for a 5:00 am paper route. There were four churches on each corner of the square.  Dads worked in the factory in Des Moines or as a farm hand. Moms worked at raising the kids ... usually two per family.  Far off were the big cities never visited (Des Moines was the metro with a population of 250,000) with a south of tracks mentality).  Indianola's ghetto was "Little Hollywood" labeled due to one block of dilapidated houses. I graduated from Indianola High School in 1957, not cum laude but in the top 10% and from Simpson College right there in Indianola.  I graduated in 1961 with a degree Business Administration and Liberal Arts in the top 10% and chosen by the Wall Street Journal as the top business graduate. My accounting professor backed me for an interview with Arthur Andersen & Co. the largest public accounting (CPA) firm in the world. I was married in1959, my junior year of college to Sharon White also from Indianola.  We became parents in 1960 and moved to the Chicago office of AA&Co in ,1961 where I learned business, accounting, business law, cost accounting, tax accounting, economics and management systems. And most importantly a specialty in health care cost accounting and management principles as a consultant to health care clients implementing the new Medicare/Medicaid law and regulations. I passed the CPA exam in 1968 and left AA&Co. in 1969. During the next twenty years I became a partner in two other CPA firms as a partner in charge of their health care department.  During that time, I learned the politics of health care and why the government was the primary purchaser of all public health care services and the controller of the private insurance companies through State regulatory standards. That is a monopsony (single payer) the opposite of monopoly (single seller). I founded my own CPA firm in 1976 as J.L. Rhoads & Company specializing in health care services, Medicare law and regulations for physicians, hospital and nursing homes.   I formed a software company in 1978 and started developing an AI cost accounting system for health Care to manage the process using pricing based on problems and interventions by health care professionals.  Unfortunately, this isn't required by the Government's agreement with providers to pay for input and treatment not positive and preventive outcomes. In 1987 I formed my own nursing home management company, as a licenced Health Care Administrator, my firm implemented our software in 141 nursing homes to support Medicare billing. In 2009 we then purchased three skilled nursing homes to test and prove the concept of using process standard costing for health care services … that provides outcomes for less money spent with much higher restorative quality and more nursing home patients going home. My idea was to use the three nursing homes to demonstrate how AI standard process accounting produces lower costs and targeted problem-based rehab and restorative services then set up franchises throughout the USA.  We sold them in 2015 due to the Federal and State government’s resistance to hold the providers accountable for outcomes to justify their incomes. In my book "Health Care for All" released in 2020 I cover how the government, by both party rule, have wasted trillions of dollars by paying for health care using diagnostic and treatment codes rather than outcomes. In other words, they pay for input not output, income not outcome. The American Enterprsie Party will fix this. 

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