Ralph de la Torre Resigns Amid Steward Health Care's Financial Crisis
Becker's Hospital Review
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Contributed by: Drex DeFord
Summary
Ralph de la Torre, MD, has resigned as Chairman and CEO of Steward Health Care effective October 1, following financial difficulties within the organization and a recent Senate vote to hold him in contempt for not attending a mandated committee hearing. Although his departure was described as amicable, de la Torre plans to continue advocating for better reimbursement rates for disadvantaged patients. He has also initiated legal action against the Senate committee, arguing that he was being punished for asserting his Fifth Amendment rights. Meanwhile, Steward Health Care, a for-profit system based in Dallas, is navigating Chapter 11 bankruptcy and seeking to sell its 31 hospitals amid ongoing scrutiny of de la Torre's personal lifestyle.
