Overview
- The Corporate Crimes Against Health Care Act aims to hold executives accountable for endangering patient health through aggressive financial practices.
- Executives could face up to six years in prison if their actions result in a patient's death.
- The bill would allow the Department of Justice to reclaim executive compensation up to ten years before or after a health care firm's financial collapse.
- The legislation includes provisions for public reporting of mergers, acquisitions, and financial data by health care providers receiving federal funding.
- Critics argue the bill is politically motivated and could deter investment in health care innovations.