Dr. Oz's healthcare investments raise potential conflicts for Medicare and Medicaid role
Dr. Mehmet Oz, nominated to lead the Centers for Medicare & Medicaid Services, has disclosed significant investments in healthcare stocks, including UnitedHealth and CVS. This raises potential conflicts of interest regarding his ability to manage Medicare and Medicaid programs impartially. Oz's financial disclosure from his 2022 Senate campaign shows millions in healthcare investments, including a major stake in Sharecare, a digital health company he co-founded. His holdings could influence decisions affecting drug coverage and pricing for millions of Americans. The Senate must confirm Oz's nomination. It remains unclear if he still holds these investments or has made new ones since his 2022 disclosure.