Ed Markey and Elizabeth Warren criticize Steward Health Care

Senators Call Out Steward Health Care for Financial Problems, Citing Corporate Greed and Mismanagement in Healthcare Crisis

Senators Elizabeth Warren and Ed Markey have accused Steward Health Care of financial problems at its Massachusetts hospitals due to corporate greed and mismanagement. The hearing held at the Massachusetts State House saw both senators criticizing Steward Health Care, along with Cerberus Capital Management and Medical Properties Trust, for failing in their responsibilities to patients, providers, and communities.

During the hearing, Markey, who chairs the subcommittee on Primary Health and Retirement Security, specifically called out Ralph de la Torre and other corporate executives for prioritizing profits over the well-being of those who rely on the healthcare services provided by the company’s hospitals. Both senators accused Steward Health Care of contributing to the challenges facing the for-profit company and its future in healthcare in Massachusetts.

The focus of Markey and Warren on corporate greed as a significant factor in exacerbating these issues underscores the need for greater accountability and transparency in the healthcare industry. Through their actions, they are shedding light on the challenges faced by Steward Health Care and highlighting the potential consequences that may arise if corporations continue to prioritize profits over patient care.

Leave a Reply

Oil prices increase due to worries about reduced supply and indications of economic growth in the U.S. Previous post Geopolitical Tensions, Strong Economic Growth and Output Restrictions: How Oil Prices Surged in Asia
Spring sports in Erie County kick off in early April Next post Fort LeBoeuf Takes Home Gold in PIAA Track and Field Meet, while McDowell and Fairview Dominate Non-Region Boys Tennis