The Bay State senior U.S. Senator says she will introduce legislation to prevent another Steward Health Care System crisis from happening in the future and that the law would claw back some of the money made by the company’s CEO. U.S. Elizabeth Warren held a press conference in the shadow of Boston’s St. Elizabeth Medical Center on Tuesday, when she announced the “Corporate Crimes Against Health Care Act,” a bill aimed at ensuring private equity firms can’t sell the profitable parts of a hospital system out from underneath its patients. According to the senator, the Steward story is one seen across business sectors, from Toys “R” Us to Red Lobster, but that when it comes to hospitals, there isn’t room for financial brinkmanship.
Read the full article: Elizabeth Warren Offers Bill Aimed at Preventing Future Steward-Like Crisis //
Source: https://www.bostonherald.com/2024/06/11/elizabeth-warren-offers-bill-aimed-at-preventing-future-steward-like-crisis/