
We need to hold these executives accountable. We need to rein in private equity's influence over the health care system.
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We need to hold these executives accountable. We need to rein in private equity's influence over the health care system.

Thank you for joining us today for the hearing, When Health Care Becomes Wealth Care, How Corporate Greed Puts Patient Care and Providers At Risk.

To be clear, I would forbid private equity firms from owning or controlling health care delivery.

So, Dr. Berwick, is there anything in the deal as reported so far that requires Steward to put that money back into the Massachusetts hospitals?

Throughout your career, you have worked to make government serve the common good.

How do they think they are going to make tens of millions, hundreds of millions of dollars in return on their investment?

We need these hospitals, and we need them to be open and functioning, and functioning at a high level.

So, Dr. Berwick, is there anything in the deal as reported so far that requires Steward to put that money back into the Massachusetts hospitals?

We need accountability here, and law enforcement authorities should carefully review every aspect of this fiasco.

The Health Over Wealth Act would protect every patient and provider that private equity touches.

We should forbid the typical private equity approach of loading health care organizations with debt, extracting capital, and leaving stripped down organizations in bankruptcy or worse.

It is long past time to make sure patient health comes before shareholder wealth in Massachusetts and across our Country.

When private equity gets hold of health care providers, it is literally a matter of life and death.

Thank you especially to my colleague and partner, Senator Warren, for all of her work on these issues.

Thank you for inviting me to testify at today's important hearing.

Private equity should not be allowed to loot one business after another, and I have introduced the most comprehensive bill to overhaul the private equity industry.

I think if it were beneficial for the hospitals or beneficial for the people of the Commonwealth, we would hear about all of those elements.