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 and M and As led by private equity firms, over 30 percent of hospitals here in the U.S.
The Stop Wall Street Looting Act's joint liability provisions would create actual accountability for that kind of corpor...
Thank you. And, Dr. Stinson, could you expand on how these for profit hospitals interfere in-- operationally with the de...
We need accountability here, and law enforcement authorities should carefully review every aspect of this fiasco.
Thank you for inviting me to testify at today's important hearing.
Failure is not an option. We have to fix the system.
Together, we will guarantee every American a health care system, not a wealth care system.
I am announcing a new agenda that provides for stronger oversight of corporate greed.
An entirely new level of transparency is called for, much as is kind of plated in Senator Markey's Health Not Wealth dra...
The corporate practice of medicine puts profits before people.
This is a prime example of the danger of private equity. The private equity firms walk away with hundreds of millions of...
We need to put an end to that, and we can.
How do they think they are going to make tens of millions, hundreds of millions of dollars in return on their investment...
We need to hold these executives accountable. We need to rein in private equity's influence over the health care system.
They are going to charge everybody who comes in the door more, which means either the taxpayers, the insurance companies...
But it should. And that is really the point here. So, I am also introducing new legislation to change that.
