Sens. Warren, Markey propose bill that would lead to prison time for 'corporate greed' in health care [FOX News]
Medical Properties Trust, Inc. common stock (MPW)
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Source: FOX News
Massachusetts Sens. Elizabeth Warren and Ed Markey, both Democrats, introduced legislation Tuesday that would result in prison time for violators of "corporate greed" in health care. The Corporate Crimes Against Health Care Act would also offer state attorneys general and the U.S. Justice Department more tools to go after health care executives accused of corporate exploitation for endangering patient safety and access to health care, according to a press release Warren delivered remarks in front of Steward's St. Elizabeth's Medical Center in Brighton, taking issue with the financial management of Steward under CEO Ralph de la Torre. In 2016, Steward sold the land where its eight Massachusetts hospitals are located to Medical Properties Trust, a real estate investment trust. The transaction resulted in the hospitals struggling with massive debt that ultimately forced Steward into bankruptcy. "My Corporate Crimes Against Health Care Act would prevent what happened with Steward f
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MPW
Earnings
- 5/9/24 - Miss
MPW
Sec Filings
- 6/7/24 - Form D
- 6/3/24 - Form 8-K
- 5/29/24 - Form 8-K/A
- MPW's page on the SEC website