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Covid-19: “Shkreli Awards” go to pandemic’s top profiteers

The Shkreli Awards for profiteering and dysfunction in healthcare, an annual tribute to the worst actors of the US health system, have unsurprisingly focused this year on misconduct during the covid-19 pandemic, with the place of dishonour taken by the Trump administration’s federal personal protective equipment (PPE) task force. “What was even worse,” said award judge Patricia Gabow, “was that Moderna ‘selected’ Brigham and Women’s Hospital for the vaccine trial and Dr. Nabel sold Moderna stock, after it quadrupled in price with the vaccine development.” More

The Federal Health Authority, a Federal Reserve System for Health Care: COVID-19 Has Exposed a Need for Change

The current COVID-19 pandemic shares many of the same causes as the Panic of 1907: lack of a coordinated federal response, lax state-level regulations, and absence of clear strategies to respond and recover from the initial outbreak. Therefore, we propose a new entity paralleling the Federal Reserve —the Federal Health Authority (FHA)—to anticipate health shocks, coordinate future responses, and address longer-term problems in the nation’s health and health care. More

Fort Worth’s JPS hospital is no Mayo Clinic. It’s better, this national study finds

In a partnership with the Lown Institute, Washington Monthly created a ranking system that factored not only the clinical prestige of a hospital, but also its cost-effectiveness and service to the surrounding community. JPS was given high marks for caring for people living near the hospital, regardless of their ability to pay, and for taking on a leadership role in the community. More