Failure is not an option. We have to fix the system.
The sale has been spun as a way out of the financial crisis for Steward's Massachusetts hospitals.
This hearing is a good start, and I am grateful to Senator Markey for getting the ball rolling.
We have now seen the buyouts, mergers and acquisitions led by private equity firms of over 30 percent of hospitals in th...
I commend Senator Warren for her proposed 'Stop Wall Street Looting Act,' which would close many of the loopholes used b...
We need to put an end to that, and we can.
Together, we will guarantee every American a health care system, not a wealth care system.
How do they think they are going to make tens of millions, hundreds of millions of dollars in return on their investment...
I am announcing a new agenda that provides for stronger oversight of corporate greed.
But it should. And that is really the point here. So, I am also introducing new legislation to change that.
The corporate practice of medicine puts profits before people.
Thank you, Senator Markey and Senator Warren for having me this morning.
The blame for this crisis falls squarely on the private equity firm that bought the hospitals and stripped their assets.
We need to keep the doors open. We need to protect workers. And we need to provide quality care for our communities.
Thank you so much for your--thank you so much for your testimony.
A broken health care promise could cause communities their lives and livelihoods.
Thank you for inviting me to testify at today's important hearing.
I have been warning about the dangers of private equity for years.
