It is insufficient to simply replace one for-profit company with another, like Steward or Optum, without assurances.

When private equity gets hold of health care providers, it is literally a matter of life and death.

Failure to appear is cowardice.

We have failed to step up and change the law to protect the delivery of health care system in America.

It is called the Stop Wall Street Looting Act, and it is the most comprehensive legislation to fundamentally reform the private equity industry.

This is a prime example of the danger of private equity. The private equity firms walk away with hundreds of millions of dollars.

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.

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

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

The Health Over Wealth Act would protect every patient and provider that private equity touches.

I will say it bluntly, turning private equity loose in our health care system kills people.