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Mehmet Oz: “I would argue, for example, that many of these…”

Featuring: Mehmet Oz, Republican | Administrator of the Centers for Medicare & Medicaid Services | National

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Dr. Oz on the future of Medicaid and AI health care | The Conversation

Published | Video Starts at 27:15

That's the right thing to do. You don't get to just do that, sit in a $53 billion endowment and take federal funds. I would argue, for example, that many of these institutions... have become large hedge funds with small educational annexes. educational annexes. I mean, $53 billion is a lot of money. It doesn't cost $53 billion or even the interest on $53 billion to run the institution. (27:15–27:26)

CLAIM

Asserts that some educational institutions function more like hedge funds than educational entities.

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PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

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