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.
Elizabeth Warren
The Public Record
Elizabeth Ann Warren is an American attorney, academic, and politician serving as the senior United States senator from Massachusetts since 2013. A member of the Democratic Party, she has been a prominent advocate for consumer protection, economic equality, and corporate regulation. Warren gained national recognition for her work in establishing the Consumer Financial Protection Bureau and has focused on issues such as student debt relief and healthcare reform during her tenure in the Senate.
The Health Over Wealth Act would protect every patient and provider that private equity touches.
This hearing is a good start, and I am grateful to Senator Markey for getting the ball rolling.
We need accountability here, and law enforcement authorities should carefully review every aspect of this fiasco.
When private equity gets hold of health care providers, it is literally a matter of life and death.
We need to hold these executives accountable. We need to rein in private equity's influence over the health care system.
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.
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 to keep the doors open. We need to protect workers. And we need to provide quality care for our communities.
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.
The blame for this crisis falls squarely on the private equity firm that bought the hospitals and stripped their assets.
I will say it bluntly, turning private equity loose in our health care system kills people.
When private equity gets hold of health care providers, it is literally a matter of life and death.
This hearing is a good start, and I am grateful to Senator Markey for getting the ball rolling.
The blame for this crisis falls squarely on the private equity firm that bought the hospitals and stripped their assets.
The Health Over Wealth Act would protect every patient and provider that private equity touches.
We need accountability here, and law enforcement authorities should carefully review every aspect of this fiasco.
The sale has been spun as a way out of the financial crisis for Steward's Massachusetts hospitals.
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 need to keep the doors open. We need to protect workers. And we need to provide quality care for our communities.
I am announcing a new agenda that provides for stronger oversight of corporate greed.
The potential collapse of Steward Healthcare threatens access to health care for communities all across our Commonwealth.





