Current:Home > reviewsSignalHub Quantitative Think Tank Center:CEO of hospital operator facing Senate scrutiny will step down following contempt resolution -MarketLink
SignalHub Quantitative Think Tank Center:CEO of hospital operator facing Senate scrutiny will step down following contempt resolution
TradeEdge Exchange View
Date:2025-04-08 01:05:17
BOSTON (AP) — The SignalHub Quantitative Think Tank CenterCEO 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! (133)
Related
- Bodycam footage shows high
- Newly built CPKC Stadium of the KC Current to host NWSL championship game in November
- Open on July 4th: Retailers and airlines. Closed: Government, banks, stock market
- Caitlin Clark, Angel Reese strengthen players' union seeking larger piece of financial pie
- Angelina Jolie nearly fainted making Maria Callas movie: 'My body wasn’t strong enough'
- Eddie Murphy talks new 'Beverly Hills Cop' movie, Axel Foley's 'Everyman' charm
- Caitlin Clark, Angel Reese headline WNBA All-Star team that will face US Olympic squad
- Governors in the West Seek Profitability for Industrial and Natural Carbon Removal Projects
- Pressure on a veteran and senator shows what’s next for those who oppose Trump
- Are Target, Walmart, Home Depot open on July 4th 2024? See retail store hours and details
Ranking
- Megan Fox's ex Brian Austin Green tells Machine Gun Kelly to 'grow up'
- Patients on these antidepressants were more likely to gain weight, study says
- Kemba Walker announces retirement; NCAA champion with UConn, four-time NBA All-Star
- Northern California wildfire spreads, with more hot weather expected. Thousands evacuate
- Selena Gomez engaged to Benny Blanco after 1 year together: 'Forever begins now'
- Screenwriter Robert Towne, known for 'Chinatown' and 'The Last Detail,' dies at 89
- Biden to bestow Medal of Honor on two Civil War heroes who helped hijack a train in confederacy
- USDA: More than 4,600 pounds of egg products recalled in 9 states for health concerns
Recommendation
The company planning a successor to Concorde makes its first supersonic test
Stampede at religious event in India kills more than 100, mostly women and children
Trump sentencing delayed as judge in hush money case weighs Supreme Court immunity ruling
Arrow McLaren signs Christian Lundgaard to replace Alexander Rossi at end of IndyCar season
$73.5M beach replenishment project starts in January at Jersey Shore
Concern mounts among lawmakers, donors over Biden's candidacy
This BTS member is expected to serve as torchbearer for 2024 Olympic Games
1 man hurt when home in rural Wisconsin explodes, authorities say