Annual ‘winners’ for most egregious US healthcare profiteering announced

www.theguardian.com

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Annual ‘winners’ for most egregious US healthcare profiteering announced

www.theguardian.com

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NewsEnglish • 2 days ago

Selling body parts without consent and billing desperate parents $97,599 for air transport among worst examples

Summary

The Lown Institute’s 2024 Shkreli Awards highlighted 10 instances of egregious healthcare profiteering.

Winners included UnitedHealth for pressuring doctors to inflate medical coding and Steward Health Care for prioritizing profits over patient care, leading to bankruptcy and reduced healthcare access.

Other offenders included Zynex Medical’s fraudulent billing for supplies, Memorial Medical Center’s alleged upfront payment demands for cancer treatment, and Medicare’s mass billing for urinary catheters.

The awards aim to expose systemic dysfunction and push for reform in the profit-driven U.S. healthcare industry.

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