SEC – WellAI's Original Blogs

Executive Compensation

How Are the CEOs of Health Nonprofits Among the Richest People in the U.S.? Two Words: Phantom Stock.

February 22, 2024 admin 0 Comments CEO, Executive Compensation, Healthcare, IRS, Nonprofit, SEC

A fascinating and extremely disturbing story about how some U.S. healthcare nonprofits exploit tax loopholes and fabricate imaginary stock prices

Cigna’s Scam: The Story of How Executives ‘Pumped’ the Stock Price to Enrich Themselves by $12 Million

December 31, 2023 admin 0 Comments Cigna, Due Diligence, Ethics, Executive Compensation, Healthcare Monopoly, SEC

Even Ali Parsa would have said, “Cigna did what? No way.” Cigna’s resorting to a kitchen sink of semi-legal financial

Digital Health Failures Digital Health Market Startup Lessons

The Madoff of Digital Health: How Lies and the SEC’s Code of Silence Killed Babylon and Cost Investors $1.5 Billion

December 18, 2023 admin 0 Comments AI Ethics, Babylon Health, bankruptcy, Best Practices, Conflict of Interests, crime, failure, Fiduciary Duty, fraud, Responsible AI, scam, SEC, SPAC, startup, Startup Lessons

Babylon Health was valued at $4.2 billion on its IPO debut at the New York Stock Exchange on October 21,

Digital Health Market Healthcare Crisis Startup Lessons

10 Lessons from 30 Recent Digital Health Failures. Some May Surprise You.

September 10, 2023February 28, 2024 admin 0 Comments AI Biases, AI Ethics, bankruptcy, Data Privacy, Digital Health, failure, Healthcare AI, Leadership, Patient Centric, SEC, SPAC, startup, Startup Life

We’ve spent years scrutinizing the digital health and AI health sectors. This journey has been an enlightening one, filled with