CMS proposes ban on Theranos founder and president

The Centers for Medicare and Medicaid Services (CMS) have proposed banning Theranos founder Elizabeth Holmes and president Sunny Balwani from owning or running a blood-testing lab for at least two years, the Wall Street Journal reports.

The newspaper reviewed a copy of a previously undisclosed letter that CMS sent to Theranos on March 18.

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Tim Casey,

Executive Editor

Tim Casey joined TriMed Media Group in 2015 as Executive Editor. For the previous four years, he worked as an editor and writer for HMP Communications, primarily focused on covering managed care issues and reporting from medical and health care conferences. He was also a staff reporter at the Sacramento Bee for more than four years covering professional, college and high school sports. He earned his undergraduate degree in psychology from the University of Notre Dame and his MBA degree from Georgetown University.

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