Tag: healthcare

Health Care

Markey, Warren attack Steward Health Care while pushing stronger regulations – NBC Boston

US Sens. Ed Markey and Elizabeth Warren excoriated Steward Health Care’s top executives inside Beacon Hill’s largest hearing room Wednesday, where they set up an empty chair for CEO Ralph de la Torre, who declined to testify about financial decisions that have jeopardized operations at its Massachusetts hospitals.

During their Senate subcommittee hearing exploring the harms of private equity in the health care sector, Markey and Warren also promoted two new proposals designed to regulate private investments in health care, protect quality of care for patients, and prevent another health care crisis like Steward’s from unfolding elsewhere across the country.

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Health Care

Steward Health Care strikes deal to sell its nationwide physician network to Optum

BOSTON (AP) — Financially embattled hospital operator Steward Health Care has struck a deal to sell its nationwide physician network to Optum, a subsidiary of UnitedHealth Group, as it works to stabilize its finances.

The move comes as Gov. Maura Healey has said state monitors are keeping an eye on the nine health care facilities operated by Steward Health Care in Massachusetts, including hospitals in some of the state’s poorer communities.

The Dallas-based company operates more than 30 hospitals nationwide.

Before the sale can be completed, the Massachusetts Health Policy Commission must review the proposal.

The commission doesn’t have the

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