At least six members of the two Senate committees tasked with questioning or confirming Tom Price for HHS secretary hold shares in healthcare companies — such as Merck, Medtronic and Gilead — according to a Kaiser Health News analysis.
The PAC was operated by Georgia-based MiMedx, whose CEO Parker H. “Pete” Petit is among the top individual contributors to Price. Federal election law prohibits corporations from coercing employees to contribute to PACs.
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Price told HHS ethics officials Thursday that if appointed to be HHS secretary, he will divest himself of the Australian stock as well as stock in about 40 other companies that could pose conflicts.
Price has been a go-to congressman, a review of his records show, for medical special interests hotly sparring with regulators or facing budget cuts.
Doctors are paying less for malpractice insurance than they did in 2001 — without any inflation adjustment, according to the Doctors Company, one of the nation’s largest malpractice insurers.
The man Donald Trump has picked to be HHS secretary has vocally opposed the new Medicare payment program and is likely to revoke it.
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Price, the Wall Street Journal said, has traded upwards of $300,000 worth of shares in about 40 healthcare and life sciences companies in just the last four years. All are companies he would regulate as secretary of HHS.
Policy-makers and healthcare organizations preach patient-centeredness and patient engagement like gospel these days. Patients who want to be empowered keep talking of their struggles.
Prospective HHS Secretary Tom Price brings a distinctive to-do list to the agency. And, if confirmed by the Senate, he will have tremendous independent power to get things done.
Price belongs to a far-right group called the Association of American Physicians and Surgeons that has expressed anti-vax viewpoints and is listed on a site called Quackwatch.
Health care professionals can refer patients to the best options for diagnostic imaging covered by Medicare to give more people the medical assistance they need without extra financial stress.
You got the expected praise from the right and outrage from the left, particularly for Price, who is as conservative as they get in Congress. But for the most part, the healthcare industry welcomed the picks.
Price, an orthopedic surgeon from a heavily conservative district outside Atlanta, is a staunch ACA critic and is one of the few Republicans to have a plan to replace President Obama's signature law.