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Izeinwinter comments on Harry Potter and the Methods of Rationality discussion thread, March 2015, chapter 119 - Less Wrong Discussion
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So what would he have been doing? Saving victims of accident so that they end up being fine after a small hospital stay? Miraculously curing terminally ill people? I find it unlikely that he could do anything else with long-term benefits without anyone catching on. But yeah, I like that alternate character interpretation of Flamel.
Mostly, resurrecting dead children. The population used to be lower, but kids also used to have piss-poor odds of making it to adult-hood. In terms of QALY, this would have been the best use, and if a child goes missing from a sickbed only to wander into the kitchen feeling chipper and fine, noone would even think twice.