Senate committee votes to investigate Steward Health Care bankruptcy and subpoena its CEO

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy A Senate committee voted Thursday to authorize an investigation into the bankruptcy of Steward Health Care and to subpoena the company’s CEO, Dr. Ralph de la Torre. “Perhaps more than anyone else in America, a dubious distinction no doubt, Ralph de la Torre, CEO of Steward Health Care, epitomizes the type of outrageous corporate greed that is permeating throughout our for-profit health care system,” Sanders said. “The bankruptcy process is public and to date the record, including briefings, court appearances, mediations and related proceedings, reflect active monitoring and participation from various state regulatory agencies, governmental units, secured creditors, and unsecured creditors.” The company said that those involved in overseeing Steward’s bankruptcy cases include the Office of the United States Trustee, an arm of the U.S. Department of Justice. After filing for bankruptcy, de la Torre said in a news release that “Steward Health Care has done everything in its power to operate successfully in a highly challenging health care environment.” A group of Democratic members of Congress, led by Markey, has sought reassurances that workers at hospitals owned by Steward will have their health care and retirement benefits protected.