A chair for Steward Health CEO Ralph de la Torre was notably vacant during the Senate's hearing on the catastrophic financial mismanagement of the company's Massachusetts hospitals and growing precarious role of private equity in healthcare Wednesday.
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Steward Health Care was the topic of a Senate subcommittee field hearing in Boston on Wednesday dealing with "corporate greed" in the healthcare sector.
The disclosure could present a striking example of how private equity investors cashed in even as Steward struggles financially while trying to sell its hospitals in the state.