How a Company Makes Millions Off a Hospital Program Meant to Help the Poor

Virginia King received treatment for metastatic breast cancer at a hospital in Santa Fe, N.M., where she was billed $22,700 for a drug that cost $2,700. The hospital was part of a federal program allowing it to profit from the price difference. Apexus, a company managing the program, has been accused of maximizing profits and cashing in on the program’s growth, leading to increased health care costs.

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