Steward Health CEO to step down from the company

  • 📰 NECN
  • ⏱ Reading Time:
  • 44 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 71%

Business News News

Business Business Latest News,Business Business Headlines

The embattled CEO of Steward Health Care is stepping down from the company, his personal spokesperson confirmed Saturday.

Ralph de la Torre is a former heart surgeon who climbed the career ladder to become founder and CEO of the now struggling for-profit health care company

Dr. Ralph de la Torre is a former heart surgeon who climbed the career ladder to become founder and CEO of the now struggling for-profit health care company."Dr. de la Torre urges continued focus on this mission and believes Steward’s financial challenges put a much-needed spotlight on Massachusetts’s ongoing failure to fix its healthcare structure and the inequities in its state system," the statement reads.

De la Torre has faced intense scrutiny over his actions and alleged greed, which many say led to the company's current bankruptcy crisis and devastating impacts for its hospitals and patients. Earlier this week, a Senate committee investigating the situation for failing to testify before a Senate panel. A spokesperson for de la Torre defended that decision, saying his client was exercising his Fifth Amendment rights.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 20. in BUSİNESS
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Business Business Latest News, Business Business Headlines