[roenxi]

> In a highly competitive year, the top spot went to Steward Health Care, whose CEO, Ralph de la Torre, is accused of prioritizing private-equity profits over patient care. His financial scheming led to bankruptcy...

This seems inappropriate for an award for "profiteering". I believe that profiteering requires making a profit at some point. What did they want him to do, take the company to bankruptcy faster? And just eyeballing the margins on #2 [0] it looks they don't make that much money either. Those aren't particularly impressive margins. They compare more to Walmart than Google.

[0] https://www.macrotrends.net/stocks/charts/UNH/unitedhealth-g...

[lotsofpulp]

De la torre is unrelated to UNH.

De la torre led a company that sucked cash out of a hospital by separating it from its real estate, and literally sailed off with a couple yachts.

https://www.wbur.org/news/2024/07/11/steward-health-care-inv...

https://www.wsj.com/business/steward-health-ceo-ralph-de-la-...

https://www.beckershospitalreview.com/finance/as-stewards-fi...

This group tore down an institution that took decades of work by extremely smart people to build, and now tens of thousands of people will get less and worse healthcare because of their actions.

[roenxi]

> De la torre is unrelated to UNH.

Well, obviously. He was CEO of Steward Health Care. I suspect you have misread my comment.

[lotsofpulp]

Sorry, I somehow thought you connected UNH’s low profit margins to De la torre not profiting.

I don’t see how he didn’t profiteer from his actions regarding Seward, though. It seems pretty clear that the real estate play he led caused Seward’s financial woes, which he benefited from.