The Steward yacht collector tells Bernie Sanders that testifying next week could jeopardize ‘patient care,’ or something; meets bipartisan contempt.
hospitals
Posted inHealth and Social Policy
Can’t Pay Won’t Pay
Steward’s evasion of creditors in its spectacular bankruptcy even includes the wrongful death settlement for a young mom.
Posted inHealth and Social Policy
From the Folks Who Brought You the Death Panel Algorithm
Three executives from an AI ploy to deny health care to seniors are buying a troubled mega-practice from the bankrupt Steward Health. What could go wrong?
Posted inHealth and Social Policy
Let Them Eat Invoices
Steward grifter Ralph de la Torre, supposedly under criminal investigation on two continents, is now telecommuting from Versailles.
Posted inEconomic Policy
Fantasyland General
Hospital pricing is impenetrable to consumers and regulators alike. The result: increased costs and profits, and wasteful reliance on armies of middlemen.
Posted inHealth and Social Policy
Is Denis McDonough a Slow Reader?
The VA secretary’s professed ignorance about a report he commissioned describing an ‘existential threat’ to his agency is alarming.
Posted inHealth and Social Policy
Sam Bankman-Fried Is Not Entirely Wrong
FTX’s victims are getting up to 143 percent of their money back, because the system treated it like the fraud it was. As the Steward case shows, that’s not usually how bankruptcy works.
Posted inHealth and Social Policy
Steward Health Care’s Latest Fantasy Story
Why the bankrupt chain’s numbers don’t add up
Posted inHealth and Social Policy
A Hospital Heist Seeks Protection in the Ponzi-Friendliest Court in America
Steward Health just filed for bankruptcy in Houston’s scandal-plagued, private equity–pilled bankruptcy court.
Posted inHealth and Social Policy
New Bill Seeks to End Drug Shortages
The Senate Finance Committee wants to create a new program to incentivize better practices. Critics say there’s an easier way: end kickbacks between suppliers and bulk purchasers.