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Case file s1098 · Science and medicine · 2000
2000
René Favaloro: Rene Favaloro
René Favaloro. Unknown author. Public domain, Wikimedia Commons.
Died
29 July 2000
Place
Buenos Aires, Argentina
Field
cardiac surgery (Fundación Favaloro) · Science, medicine and academia on the timeline
Legal tradition
Argentine social health insurance (PAMI, IOMA and union insurers) and foundation law · Civil law
Historical event
Unpaid public health insurance bills in Argentina, 1994 to 2000
Religion
René Favaloro: Other (recorded as Q132817701 on Wikidata)
Member of
The World Academy of Sciences, American College of Surgeons (Wikidata)

René Favaloro, who developed coronary bypass surgery, shot himself after his foundation went unpaid by Argentina's health insurers

René Favaloro graduated in medicine at La Plata in 1949 and settled as a country doctor in Jacinto Aráuz, La Pampa, in 1950. In 1962 he went to the Cleveland Clinic. There, about 1967, he developed coronary artery bypass grafting. He returned to Argentina and set up the Favaloro Foundation for research, teaching and complex surgery. Most of its patients were treated free. The state subsidy ended in 1997. Insurers and state hospitals owed the foundation about US$18 million. On 29 July 2000 he wrote a farewell letter. It said the foundation's finances were hopeless, that the social insurer PAMI had owed about 1.9 million pesos since 1994 or 1995, and that layoffs had begun. He wrote, "I have been defeated by a corrupt society that controls everything." He asked to be cremated and his ashes scattered near Jacinto Aráuz. He shot himself in the chest. President Fernando de la Rúa declared a national day of mourning. A year later the foundation had cut its staff from 1,100 to 850. It was still owed more than 15 million; the insurer IOMA alone owed 4 million pesos. His ashes were scattered at Jacinto Aráuz, where a museum in his name opened in 2003.

What the law took from it

An institution that depends on payers who do not pay is insolvent however good its work; a founder's guarantee does not save it.

Record vs. record

Al Jazeera says he returned to Argentina in 1971 and that his secretary found his body on 1 August 2000: | The Argentine presidency says he returned and founded the foundation in 1975 and died on 29 July 2000:

Cite as: celebrity.estate, “René Favaloro, who developed coronary bypass surgery, shot himself after his foundation went unpaid by Argentina's health insurers,” story s1098, https://www.celebrity.estate/rene-favaloro-2000, updated 30 October 2026.

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