Medication overload—adverse events caused by too many medications—harms millions of older adults in the U.S. every year. Read more about how one innovate program in Rochester, NY, is showing how deprescribing can help eliminate medication overload in the home health setting.
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Amid increased scrutiny on hospital billing and collections practices, one might expect hospitals to make their financial assistance policies more generous. However, these changes are not always for the better, a new study finds.
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We’re bringing you highlights from this year’s ceremony – featuring things like human bones for sale without the consent of the deceased or their families, phantom urinary catheters, and so much more – and some reflections from the Lown Institute’s president, Dr. Vikas Saini.
“Showing all these stories together paints a picture of a health care system in desperate need of transformation,” Saini said at the ceremony. “Not just because the stories are shocking, but because often what they're depicting, like Martin Shkreli's infamous price hike, is perfectly legal.”
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We recently revealed the winners of the 8th Annual Shkreli Awards, our top ten list of the most egregious examples of healthcare profiteering and dysfunction each year. But there are many, many more examples of the ways our healthcare system is broken. Presenting the Shkreli Awards Dishonorable Mentions! These nominees fell just shy of making […]
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his is the eighth year in which the awards have been given. Winners are chosen by a panel including doctors, public health experts, journalists, and patient advocates. The awards are named after Martin Shkreli, the “pharma bro” who became infamous when he bought the maker of the anti-parasitic drug Daraprim and increased the price 50-fold.
Speaking at the ceremony, Lown Institute president Vikas Saini said, “All these stories paint a picture of a healthcare industry in desperate need of transformation. Doing these awards every year shows us that this is nothing new.”
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"Every year we are dumbfounded by the amount of profiteering" that candidates for these awards engaged in, Vikas Saini, MD, president of the Lown Institute, told MedPage Today. "It's always a mixture of out-and-out fraud as well as just general venality and grasping."
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This set of Shkreli Award winners is the institute's eighth installment, but the level of outrageousness in the actions of this year's candidates is the most disturbing, Saini said. There are "regulators and people in positions of authority whose jobs they are supposed to do, but instead they turn and look the other way. A lot of this stuff that happens is because there's no cops on the beat."
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“All these stories paint a picture of a healthcare industry in desperate need of transformation. In 2024, healthcare practices were put in the spotlight,” Vikas Saini, president of the Lown Institute, said during the ceremony. “But doing these awards every year shows us that this is nothing new. We’re hoping that these stories illuminate what changes are needed.”
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Ten individuals, groups, practices and organizations are recognized in the name of a "pharma bro" with the release of Lown Institute's Shkreli Awards.
The 8th Annual list contains the "most egregious examples of profiteering and dysfunction in healthcare," decided by a panel of 20 judges who are patient activists, clinicians, health policy experts and journalists. The awards are organized by Lown Institute, a nonpartisan think tank that measures hospitals' and health systems' social responsibility.
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A top ten list of the most egregious examples of profiteering and dysfunction in healthcare.
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The killing of United Health CEO Brian Thompson triggered an uproar from the many Americans frustrated with the failures of our health care system. In a recent op-ed in the Boston Globe, Lown president Dr. Vikas Saini shares his take on this important moment and the changes we need to build a radically better health […]
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May 15, 2025 – Washington, DC Join the Lown Institute along with policymakers, hospitals, patient advocates, researchers, and other experts on medical debt for a one-day, in person conference. We’ll discuss the scope of the problem, key drivers, and emerging challenges and opportunities to address medical debt with a new administration. Hear from the lead […]
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Register now for the 2024 Shkreli Awards, hosted on January 7, 2025 at 1pm
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A south Alabama hospital was highlighted in a recent report as performing one of the highest rates of unnecessary back surgeries in the country.
Over 37% of the spinal fusions performed at Mobile Infirmary were considered to be ‘unnecessary’ by the Lown Institute, a non-partisan think-tank in Massachusetts that releases an annual hospital ranking focused on patient safety and the value of care.
The national rate of spinal fusion overuse is 14%, according to the analysis.
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Hospitals performed more than 200,000 unnecessary back surgeries over a three-year period, according to an analysis by the Lown Institute, a health care watchdog group. The useless treatments put patients at risk for complications and cost Medicare about $2 billion, the analysis found. Furthermore, there was a large variation in rates of overuse among individual hospitals, ranging from zero to more than half of procedures.
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Physicians and medical students of the AMA recently voted in favor of stronger financial assistance standards. Why are stronger standards needed, and how could this help relieve medical debt for patients?
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A report last week from the Lown Institute, a nonpartisan think tank, found hospitals and physicians performed over 200,000 unnecessary back surgeries on Medicare beneficiaries over three years, based on three years’ worth of Medicare and Medicare Advantage claims data. Those procedures cost Medicare about $2 billion between 2019 and 2022, the report said.
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The Lown Institute released new data on unnecessary back surgeries in Medicare, identifying 200,000 low-value procedures and $2 billion in Medicare dollars wasted over three years. Back surgery overuse varies widely among states, hospitals, and even doctors in the same hospital. We brought together Dr. Sohail Mirza, orthopedic surgeon and professor at Dartmouth College, and […]
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