Dr. Oz Held Millions In Healthcare Investments, Raising Potential Conflicts For Medicare And Medicaid
Dr. Mehmet Oz, the TV personality nominated to head the Centers for Medicare & Medicaid Services
Mehmet Oz, the celebrity doctor that President-Elect Donald Trump has tapped to lead the Centers for Medicare & Medicaid Services, is perhaps best known for his hawking of supplements and weight loss drugs. But he also holds significant investments in traditional healthcare and health insurance stocks that raise questions about potential conflicts of interest, as he is poised to take control of the government agency that oversees healthcare for more than 160 million Americans.
According to his 2022 financial disclosure from his Pennsylvania Senate candidacy, Oz holds millions of dollars in stock at healthcare companies, including at least $280,000 in insurer UnitedHealth, $50,000 in pharmacy giant CVS, $50,000 in drug maker AbbVie, $15,000 each in Bristol-Myers Squibb and Johnson & Johnson, and $615,000 in scientific instrument........
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