Hours after financially troubled Steward Health Care went tumbling into an expected, but no less damaging, bankruptcy, Massachusetts lawmakers on Capitol Hill had their say on news that roiled the Bay State’s health care landscape.
U.S. Sen. Elizabeth Warren, D-Mass., called Steward’s bankruptcy filing in the early hours of Monday morning the “direct consequence of Wall Street private equity vultures looting our health care system.”
“My first priority is keeping these Massachusetts hospitals open, protecting patients, and supporting frontline health care workers,” Warren said in a statement. “The next step should be a serious reexamination of whether we should allow private equity in health care. Steward is just the latest example of private equity endangering communities, and I will be introducing new legislation in the Senate to hold corporate actors accountable when they loot our hospitals to boost their …