Steward Hospital CEO's $250M Payout
This is a news story, published by Ars Technica, that relates primarily to Ralph de la Torre news.
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Steward hospitalsArs Technica
•CEO of failing hospital chain got $250M amid patient deaths, layoffs, bankruptcy
78% Informative
Steward Health Care System paid out at least $250 million to CEO Ralph de la Torre and his companies.
In May , Steward , which has hospitals in eight states, filed for Chapter 11 bankruptcy.
Critics say the CEO stripped the system's hospitals of assets, siphoned payments from them, and loaded them with debt.
Ralph de la Torre epitomizes the type of outrageous corporate greed that is permeating throughout our for-profit health care system, Bernie Sanders says.
The Senate HELP Committee voted July 25 to subpoena the Steward Health Care CEO.
The committee's vote marks the first time since 1981 that it has issued a subpoena.
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