Medicare Bleeds Billions on Pricey Bandages, and Doctors Get a Cut
Medicare spending on “skin substitutes” made of dried placenta has soared as doctors pocket lucrative discounts from sellers.
It Is Happening Every Day, Every Where
Medicare spending on “skin substitutes” made of dried placenta has soared as doctors pocket lucrative discounts from sellers.
The TV celebrity doctor, a cardiothoracic surgeon, will take the reins at a time when the agency is facing cutbacks, especially for the poor, and scrutiny of its missions.
Health Secretary Robert F. Kennedy Jr. suggests that laying off thousands of federal workers would tame a massive budget. But nearly all of the agency’s money goes to hospitals, doctors and nursing homes.
The Senate Finance Committee holds a confirmation hearing on Friday for Dr. Mehmet Oz, the TV celebrity who is nominated to run major health programs for older Americans and the poor.