Current:Home > InvestIndexbit Exchange:Massachusetts governor faults Steward Health Care system for its fiscal woes -Zenith Investment School
Indexbit Exchange:Massachusetts governor faults Steward Health Care system for its fiscal woes
Poinbank View
Date:2025-04-07 05:19:45
BOSTON (AP) — Gov. Maura Healey ripped into the financially embattled Steward Health Care system Monday,Indexbit Exchange saying the company’s financial woes are of its own making and added that the state is still working toward what she called an orderly transition away from the company.
She said state monitors are on the ground keeping an eye on the nine health care facilities operated by the company, including hospitals in some of the state’s poorer communities.
The Democrat also said she’s demanded that Steward guarantee safe staffing levels, cooperate with monitors from the state Department of Public Health and provide additional financial information.
“We are focused on protecting patients, protecting jobs, protecting the stability of our health care system,” Healey told reporters in her office Monday.
“This is a problem that the Commonwealth of Massachusetts did not create,” she added. “One individual and one management team at Steward created this mess and it has put a lot of people at risk, caused a lot of understandable concern and makes a lot of us really, really angry.”
An email seeking reaction from the company to Healey’s comment was not immediately returned Monday.
Healey last week demanded that Steward Health Care CEO Ralph de la Torre produce financial records to the state that are required of other health care systems.
Healey said the financial information that was turned over to the state fell short and hadn’t been audited by the company.
“I’m only surmising here, but the reason it is not audited is because no auditor will sign off on the information.” she said,
She described Steward as “a house of cards and a charade” that has put patients and providers and the stability of our market at risk.
“The fault is with Steward and its management. It frankly disgusts me,” she added.
Democratic House Speaker Ronald Mariano said Steward had been less than forthcoming about their financial situation for more than a decade.
“If anyone is feeling sorry for Steward right now, they’re crazy, he said. “Steward has practiced the game of hide the numbers and they’ve been very successful at it.”
Asked if there’s a chance of a criminal investigation or criminal charges, Mariano said, “there’s always a chance.”
veryGood! (81)
Related
- Could your smelly farts help science?
- The high cost of subscription binges: How businesses get rich off you forgetting to cancel
- Spotify axes 17% of workforce in third round of layoffs this year
- The Challenge's Ashley Cain Expecting Baby 2 Years After Daughter Azaylia's Death
- Jamie Foxx gets stitches after a glass is thrown at him during dinner in Beverly Hills
- Companies say they're closing in on nuclear fusion as an energy source. Will it work?
- At UN climate talks, fossil fuel interests have hundreds of employees on hand
- How to strengthen your immune system for better health, fewer sick days this winter
- Jorge Ramos reveals his final day with 'Noticiero Univision': 'It's been quite a ride'
- Jim Leyland elected to baseball’s Hall of Fame, becomes 23rd manager in Cooperstown
Ranking
- Sarah J. Maas books explained: How to read 'ACOTAR,' 'Throne of Glass' in order.
- Former top Ohio utility regulator surrenders in $60 million bribery scheme linked to energy bill
- In the Amazon, Indigenous women bring a tiny tribe back from the brink of extinction
- Fatal stabbing near Eiffel Tower by suspected radical puts sharp focus on the Paris Olympics
- Backstage at New York's Jingle Ball with Jimmy Fallon, 'Queer Eye' and Meghan Trainor
- Queen Bey's 'Renaissance: A Film by Beyoncé' reigns at the box office with $21M opening
- Vanessa Hudgens Marries Baseball Player Cole Tucker in Mexico
- Meg Ryan pokes fun at Billy Crystal, Missy Elliott praises Queen Latifah at Kennedy Center Honors
Recommendation
The Grammy nominee you need to hear: Esperanza Spalding
Heavy snowfall hits Moscow as Russian media report disruption on roads and at airports
Virginia woman won $1 million after picking up prescription from CVS
Fatal stabbing near Eiffel Tower by suspected radical puts sharp focus on the Paris Olympics
Realtor group picks top 10 housing hot spots for 2025: Did your city make the list?
Final goodbye: Recalling influential people who died in 2023
OxyContin maker bankruptcy deal goes before the Supreme Court on Monday, with billions at stake
California faculty at largest US university system launch strike for better pay