Senate HELP Committee

Steward Health Care Declares Bankruptcy After Private Equity Extracts $1.3 Billion, At Least 15 Patient Deaths Linked to Substandard Care

| Importance: 10/10

Steward Health Care, the Dallas-based for-profit hospital system operating 31 hospitals across eight states, declared bankruptcy in one of the most colossal failures of a hospital chain in American history. Private equity firm Cerberus Capital Management and former CEO Ralph de la Torre reportedly …

Steward Health Care Ralph de la Torre Cerberus Capital Management Medical Properties Trust Senate HELP Committee healthcare hospital private-equity bankruptcy patient-harm +2 more
Read more →

Senate Hearing Exposes PBM Insulin Profiteering: 75% of Sales Go to Rebates and Fees

| Importance: 9/10

The Senate Health, Education, Labor, and Pensions (HELP) Committee held a historic hearing bringing together CEOs of major insulin manufacturers (Eli Lilly, Novo Nordisk, Sanofi) and executives from the three largest PBMs (CVS Caremark, Express Scripts, OptumRx) to examine soaring insulin prices. …

Bernie Sanders Senate HELP Committee Lars Fruergaard Jorgensen Paul Hudson Heather Cianfrocco +6 more healthcare pbm pharmacy insulin drug-pricing +2 more
Read more →

Senate Harkin Report Documents Massive Fraud and Abuse in For-Profit College Industry

| Importance: 8/10

On July 30, 2012, the Senate Health, Education, Labor, and Pensions (HELP) Committee released the Harkin Report, a devastating two-year investigation documenting systematic fraud, abuse, and taxpayer exploitation in the for-profit college industry. The 2,000-page report, based on subpoenaed …

Senator Tom Harkin Senate HELP Committee University of Phoenix Corinthian Colleges ITT Tech +3 more education for-profit-colleges fraud student-debt regulatory-failure +1 more
Read more →