Senate Launches Investigation into Steward Health Care's Bankruptcy

Bipartisan committee subpoenas CEO Ralph de la Torre over allegations of financial mismanagement and corporate greed.

Steward Health Care operates 31 hospitals across eight states and filed for Chapter 11 bankruptcy in May.
CEO Ralph de la Torre is accused of profiting millions while hospitals faced severe financial issues.
The Pensions Committee's investigation is its first subpoena since 1981.
Senators highlight the impact on patient care, including incidents where essential supplies were unavailable.
The investigation aims to address broader concerns about private equity's role in the healthcare system.