Steward Health Care Suing Former CEO, Former Company Leaders

The real estate company gutting America’s hospitals—and making bank

In April 2024, medical staff testified before Louisiana’s House Health and Welfare Committee about just how bad things had gotten at the Glenwood Regional Medical Center. The West Monroe hospital had been under fire from the state Health Department over lapses in patient care that seemed to be escalating. The hospital had stopped paying bills for oxygen supplies, the blood bank, and repairs to the elevators that take patients up to surgery. Form…

Steward Health Care claims former executives' "greed and bad faith misconduct" led to hospitals chain's bankruptcy

Bankruptcy filing alleges Steward Health Care executives siphoned $245 million from needy hospitals.

Steward Health Care suing former CEO, former company leaders

The lawsuit alleges that former CEO Ralph De la Torre and others "operated Steward with the aim of enriching themselves at the expense of the company, its creditors, and its patients."

Steward alleges former CEO Ralph de la Torre and execs plundered the hospital chain of hundreds of millions of dollars - The Boston Globe

The filing this week in Steward's bankruptcy court accuses it's founder and top executives of defrauding the company of some $262 million.

Bankrupt Steward sues former CEO over alleged financial mismanagement

The health system alleges Ralph de la Torre and other former leaders “pilfered” the company’s assets and led to its collapse last year.

Steward Health Care sues former CEO, other company leaders - Boston News, Weather, Sports

Steward Health Care is suing its former CEO and other former top officials following the completion of an independent investigation into the company’s collapse. The lawsuit alleges former CEO Ralph De la Torre and three others executives and board members defrauded the health care system of approximately $262 million. The suit targets, “Former insiders of Steward who, through their greed and bad faith misconduct, operated Steward with the aim of…