nonprofits

When big health insurers propose mergers, it makes for good antitrust enforcement theater to try to block them. However, if government officials want to address anti-competitive activities that have a dramatically bigger impact, they should shift their focus to local market provider M&A activity that consistently show prices increase after the deal is done. However, the most rapacious, anti-competitive practices I’ve seen in my entire career have come from hospitals–frequently from tax-exempt “nonprofits” that would make John D. Rockefeller blush with their brutal actions. The combined impact has created a middle class economic depression that has driven populist presidential campaign success, which was highlighted in a recently released Brookings study.

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Henry Wei was selected as a Presidential Innovation Fellow for the Blue Button program as part of the new White House Presidential Innovation Fellows program. The program pairs top innovators from the private sector, nonprofits, and academia with top innovators in government to collaborate on solutions that aim to deliver significant results in six months. Read More »