"Yes. And I think that no resounds throughout the room in terms of this balance of power at the corporate boards."
"Throughout your career, you have worked to make government serve the common good."
"We need to keep the doors open. We need to protect workers. And we need to provide quality care for our communities."
"It is called the Stop Wall Street Looting Act, and it is the most comprehensive legislation to fundamentally reform the private equity industry."
"Thank you, Senator Markey, for stepping up to champion the state-based Universal Health Care Act, SBUHCA."
"The potential collapse of Steward Healthcare threatens access to health care for communities all across our Commonwealth."
"Health care is a sacred trust, a sacred responsibility."
"This is a prime example of the danger of private equity. The private equity firms walk away with hundreds of millions of dollars."
"But it should. And that is really the point here. So, I am also introducing new legislation to change that."
"The sale has been spun as a way out of the financial crisis for Steward's Massachusetts hospitals."
"We need to hold these executives accountable. We need to rein in private equity's influence over the health care system."
"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."
"If that courage were available--and I think you see it in this room in Senator Markey and Senator Warren--then we know at least where to begin to prevent other Steward-like disasters."
"We need to put an end to that, and we can."
"Thank you. And, Dr. Stinson, could you expand on how these for profit hospitals interfere in-- operationally with the delivery of equity and justice, especially for Black and Brown and immigrant commu..."
"This hearing is a good start, and I am grateful to Senator Markey for getting the ball rolling."
"I think--what we have got on our hands right now is something that is only going to grow as the years go by."
"How do they think they are going to make tens of millions, hundreds of millions of dollars in return on their investment?"
