Deval Patrick plans to step down from healthcare boards for presidential run

Democratic presidential candidate Deval Patrick, a former governor of Massachusetts, plans to leave two healthcare company boards he has served on in recent years, but could still face criticism for his involvement, according to The Wall Street Journal

The boards include those of telemedicine company American Well and pharmaceutical company Global Blood Therapeutics. His involvement on the GBT board included work on the executive compensation committee, which approved $3 million compensation packages for executives, and a $10 million package for the CEO, according to the report. 

Mr. Patrick plans to run on a public-option healthcare plan. He is credited with implementing the 2006 healthcare reform law passed by former Republican Massachusetts Gov. Mitt Romney, which is considered a precursor to the ACA. 

 

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