Senator Edward J. Markey unveiled “The Steward Health Care Report: How Corporate Greed Hurt Patients, Health Workers, and Communities.” The report spotlights patient and worker experiences, hospital quality data, and information on hospital closures in Massachusetts and around the country, to document the devastating impacts of Steward Health Care’s (“Steward’s”) mismanagement. The report comes in advance of the September 12 HELP Committee hearing on Steward’s bankruptcy for which Steward CEO Dr. Ralph de la Torre has been subpoenaed to testify.
As the report details, Steward became a case study of the extent of harm that corporate greed can have on health care access, quality, and safety. Using data from the Centers for Medicare and Medicaid Services (CMS) and the Lown Institute, reports from health workers, bankruptcy documents, and other public reporting, the report details how Steward’s financial destruction translated to dangerous conditions for patients and health workers and makes the case for why we need permanent guardrails against corporate greed in health care.