Steward Health Care has told a Texas court they think they should be exempted from any liability to the Bay State arising from their bankruptcy proceedings and the sale of their Massachusetts hospitals.
A U.S. Senate Committee voted Thursday to investigate the circumstances around Steward Health Care's bankruptcy and to issue a subpoena compelling the CEO Ralph de la Torre to testify.
Governor Maura Healey pressed Steward Health Care on Wednesday to "expeditiously transfer their hospitals" to new owners after telling reporters that the bankrupt heathcare system had received bids for eight of its Massachusetts hospitals.
Profits at Rady Children's Hospital approached $1 billion over five years and CEO Patrick Frias was rewarded with a 20% raise after net income skyrocketed after COVID. The findings come as nurses on Tuesday ended a two-day strike over wages and benefits.