"Having worked in health tech for the past ten years, I can name other companies that are equally massive frauds that just haven't been discovered yet."
You say you can name other companies that have not yet been "discovered" yet, and yet you name zero companies. Are you just teasing. Please name them and let's have a look.
I did name companies-- Cerebral and One Medical-- I just named them in a later comment. A few bonuses: BetterHelp and Noom, both rely on dubious studies of their efficacy to promote their products. 100Plus (prior to acquisition, I know less about it with its current leadership) was playing a game that was really close to insurance fraud.
They're not Theranos-level situations... that was just insane in how brazen its fraud was. But more the uBiome-type, where it's illegal or deceptive and at risk of being shut down as a result. And, not to mention, their behavior might be actually harming patients.
I just need to avoid the ones that I have NDAs with from lawsuit settlements over their illegal activities ;) The companies I've listed are welcome to sue me. I'm in California, and I'm talking about matters of public interest in a public forum. California has one of the stronger SLAPPBack statutes, so sue away!
You say you can name other companies that have not yet been "discovered" yet, and yet you name zero companies. Are you just teasing. Please name them and let's have a look.