Current:Home > StocksCEO of hospital operator facing Senate scrutiny will step down following contempt resolution -MoneyTrend
CEO of hospital operator facing Senate scrutiny will step down following contempt resolution
View
Date:2025-04-17 09:30:09
BOSTON (AP) — The CEO of a hospital operator that filed for bankruptcy protection in May will step down after failing to testify before a U.S. Senate panel.
Steward Health Care CEO Ralph de la Torre has overseen a network of some 30 hospitals around the country. The Texas-based company’s troubled recent history has drawn scrutiny from elected officials in New England, where some of its hospitals are located.
A spokesperson for de la Torre said Saturday that he “has amicably separated from Steward on mutually agreeable terms” and “will continue to be a tireless advocate for the improvement of reimbursement rates for the underprivileged patient population.”
Vermont U.S. Sen. Bernie Sanders, who chairs the Senate Health, Education, Labor and Pensions Committee, said earlier this month that Congress “will hold Dr. de la Torre accountable for his greed and for the damage he has caused to hospitals and patients throughout America.”
De la Torre’s resignation is effective Oct. 1. The Senate approved a resolution on Wednesday that was intended to hold him in criminal contempt for failing to testify before a committee.
The Senate panel has been looking into Steward’s bankruptcy. De la Torre did not appear before it despite being issued a subpoena. The resolution refers the matter to a federal prosecutor.
veryGood! (4)
Related
- Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
- It's don't let the stars beat you season! Four pivotal players for MLB's wild-card series
- Stevie Nicks enters the Barbie zeitgeist with her own doll: 'They helped her have my soul'
- Sam Asghari Shares Insight Into His Amazing New Chapter
- Why we love Bear Pond Books, a ski town bookstore with a French bulldog 'Staff Pup'
- Traveling over the holidays? Now is the best time to book your flight.
- A former Family Feud contestant convicted of wife's murder speaks out: I'm innocent. I didn't kill Becky.
- The Dark Horse, a new 2024 Ford Mustang, is a sports car for muscle car fans
- Megan Fox's ex Brian Austin Green tells Machine Gun Kelly to 'grow up'
- Adam Copeland, aka Edge, makes AEW debut in massive signing, addresses WWE departure
Ranking
- Rylee Arnold Shares a Long
- Powerball jackpot grows as no winners were drawn Saturday. When is the next drawing?
- Gavin Newsom picks Laphonza Butler to fill Dianne Feinstein's Senate seat
- More suspects to be charged in ransacking of Philadelphia stores, district attorney says
- NCAA President Charlie Baker would be 'shocked' if women's tournament revenue units isn't passed
- UK Treasury chief says he’ll hike the minimum wage but rules out tax cuts while inflation stays high
- As the 'water tower of Asia' dries out, villagers learn to recharge their springs
- Patrick Mahomes overcomes uncharacteristic night to propel Chiefs to close win vs. Jets
Recommendation
Sam Taylor
You Don't Wanna Wait to Revisit Jodie Turner-Smith and Joshua Jackson's Private Marriage
Prologue, Honda's first EV, boasts new look and features: See cost, dimensions and more
Lil Tay makes grand return with new music video following death hoax
Small twin
5 killed in Illinois truck crash apparently died from ammonia exposure: Coroner
'Carterland' puts a positive spin on an oft-disparaged presidency
Powerball jackpot grows to estimated $1.04 billion, fourth-largest prize in game's history