I do not understand how regulators can approve such a deal.

I have been warning about the dangers of private equity for years.

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.

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

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

Fighting against corporate greed is going to be an uphill battle, but it is what Senator Warren, and I are promising you here today.

We need to put an end to that, and we can.

The blame for this crisis falls squarely on the private equity firm that bought the hospitals and stripped their assets.

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

I commend Senator Warren for her proposed 'Stop Wall Street Looting Act,' which would close many of the loopholes used by the private equity players.

If that courage were available, and 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 and to restore patients' needs to the forefront of our…

Thank you, Senator Markey, for giving us a powerful tool for the job.

We have to protect it against the predators who are looking at this, our health care system as just another way of making themselves more wealthy.

Thank you, Senator Markey, for stepping up to champion the state-based Universal Health Care Act, SBUHCA.

Thank you so much for your--thank you so much for your testimony.

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

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.

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.