this post was submitted on 19 Jan 2024
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Feds bar Theranos founder Elizabeth Holmes from government health programs (www.statnews.com)
submitted 9 months ago by MicroWave@lemmy.world to c/health@lemmy.world
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Theranos founder and ex-CEO Elizabeth Holmes is banned from federal health programs for nine decades, the health department announced Friday.

Holmes was sentenced in November 2022 to 11 years in prison following a trial that determined she knew her blood-testing startup, which was founded in 2003 and which claimed to be able to test for a range of diseases and risks with one finger prick, produced inaccurate and faulty results. Before government probes, Theranos raised hundreds of millions of dollars, named prominent former U.S. officials to its board, and explored a partnership with the U.S. military to use its tests on the battlefield.

The Health and Human Services Department can exclude anyone convicted of certain felonies from Medicare, Medicaid, and Pentagon health programs.

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[–] spacecowboy@sh.itjust.works 23 points 9 months ago (2 children)

This bitch should be thrown in a hole in Siberia and forgotten about. She is a net NEGATIVE for humanity.

[–] Pissnpink@feddit.uk 20 points 9 months ago (1 children)

But she did scam Henry Kissenger out of a bunch of money. So, you know, she isn't all bad.

[–] n3m37h@sh.itjust.works 11 points 9 months ago* (last edited 9 months ago) (1 children)

I didnt get any of that money so fuck her again

[–] PotjiePig@lemmynsfw.com 2 points 9 months ago

Yeah. That or let her run for president. Either or.