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CEO Ralph de la Torre Wins Shkreli Award for Healthcare Failures

1/10/2025

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Story summary
  • Ralph de la Torre, CEO of Steward Health Care, received the Lown Institute's 2024 Shkreli Award for healthcare profiteering.
  • His leadership resulted in bankruptcy, layoffs, and diminished healthcare access for patients.
  • The awards spotlight significant dysfunction in healthcare, featuring three cancer-related cases among the top five.
  • Amgen's pricing strategy for sotorasib and allegations against oncologist Thomas C. Weiner were also highlighted.
  • The initiative seeks to raise awareness and advocate for improved healthcare practices.