Senate Panel Votes to Hold Steward Health Care CEO in Contempt Amid Controversy
The U.S. Senate panel has voted to hold Ralph de la Torre, CEO of Steward Health Care, in contempt of Congress following his failure to comply with a subpoena. This decision has instigated discussions about potential criminal charges against him. Senators, including Bernie Sanders, expressed outrage over the CEO's absence at a crucial hearing, which they believe reflects a broader issue of accountability and transparency in the healthcare sector. The panel described Steward Health Care as a 'health care terrorist,' lamenting the devastating impact of their financial maneuvers, including a $700 million dividend payment to private equity investors despite significant losses. De la Torre defended his nonappearance by citing Fifth Amendment rights and claiming to be a scapegoat for the state's healthcare failures. The ongoing investigation aims to shed light on the financial practices of Steward Health Care, which could result in severe legal consequences for de la Torre if he continues to resist congressional inquiries.