Dr. Ralph de la Torre, the CEO of Steward Health Care, is leaving the company amidst significant turmoil, including a recent contempt of Congress ruling for his refusal to testify regarding its bankruptcy.
A spokesperson confirmed his amicable separation, emphasizing de la Torre’s ongoing commitment to advocating for better reimbursement rates for underprivileged patients.
De la Torre co-founded Steward with Cerberus Capital Management and previously led Caritas Christi Health Care.
His absence from a recent Senate hearing about Steward’s bankruptcy, where he cited Fifth Amendment rights to avoid testifying, resulted in a historic contempt vote—the first of its kind since 1971.
The Senate’s actions could potentially lead to fines or criminal prosecution.
Senator Ed Markey has criticized Steward for prioritizing profits over patient care, alleging that facilities under its management faced severe neglect, contributing to worsening patient outcomes.
Steward filed for Chapter 11 bankruptcy on May 6, leading to the closure of several hospitals, including Carney Hospital and Nashoba Valley Medical Center.
In response to the crisis, Massachusetts Governor Maura Healey seized St. Elizabeth’s Medical Center through eminent domain to ensure its continued operation.
The future of other facilities, such as Norwood Hospital, remains uncertain as the company navigates its financial challenges and ongoing regulatory scrutiny.