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Thursday, November 21, 2024

Senators announce bipartisan investigation into Steward Health Care's bankruptcy

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Bill Cassidy - Ranking Member of the Senate HELP Committee | Official U.S. Senate headshot

Bill Cassidy - Ranking Member of the Senate HELP Committee | Official U.S. Senate headshot

U.S. Senators Bill Cassidy, M.D. (R-LA), ranking member of the Senate Health, Education, Labor, and Pensions (HELP) Committee, and Bernie Sanders (I-VT), chair of the HELP Committee, issued a statement today announcing a bipartisan vote to initiate an investigation into the bankruptcy of Steward Health Care.

"On Thursday, July 25th at 10 AM, our committee will be holding a bipartisan vote to initiate an investigation into the bankruptcy of Steward Health Care," stated Senators Cassidy and Sanders. "The Committee will vote to compel Ralph de la Torre, the CEO of this company, to testify at a hearing we will be holding on this subject on September 12th."

The senators revealed that Dr. de la Torre had previously declined an invitation sent on June 25th to testify before their committee at a hearing titled: "Examining the Bankruptcy of Steward Health Care: How Management Decisions Have Impacted Patient Care."

"Unfortunately, he declined to testify," they noted. "Given the serious harm and uncertainty Steward’s bankruptcy and financial arrangements are having on hospitals, patients and health care workers throughout the country, Dr. de la Torre has given us no choice but to compel him to testify at this hearing."

The senators emphasized their intent to seek answers from Dr. de la Torre regarding Steward Health Care's bankruptcy and the financial decisions leading up to its insolvency.

"We have a number of questions to ask Dr. de la Torre about the bankruptcy of Steward Health Care and the financial arrangements leading up to its insolvency," they said. "It is time for Dr. de la Torre to answer them before Congress and the American people."

For further news and updates from HELP Republicans, visit their website or Twitter @GOPHELP.

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