Search results
Results from the WOW.Com Content Network
BROCKTON — Steward Health Care, the operator of eight Massachusetts hospitals, filed for Chapter 11 bankruptcy protection early Monday morning, according to a statement posted on the company’s ...
Steward Health Care announced Friday that is it closing two hospitals in Massachusetts because it received no qualified bids for the facilities after declaring bankruptcy earlier this year. In a ...
6 jaw-dropping revelations Stunning takeaways from Steward Health Care's bankruptcy filing. Steward also said the move will make it easier to transition its Massachusetts hospitals to another company.
Healey made the comment a day after a bankruptcy judge allowed Steward’s decision to close two Massachusetts hospitals. Steward announced July 26 its plan to close the hospitals — Carney Hospital and Nashoba Valley Medical Center — on or around Aug. 31 because it had received no qualified bids for either facility.
On May 6, 2024, Steward Health Care filed for Chapter 11 bankruptcy protection, raising uncertainty for the hospital's future. [ 6 ] [ 7 ] [ 8 ] Over the next several months, Steward began searching for potential buyers for all of its hospitals across the country through court-guided auctions.
As a result, Sanders said Steward and the 30 hospitals it operates in eight states were forced to declare bankruptcy with $9 billion in debt. In a statement, Steward Health Care said it plans to address the subpoena. “We understand the desire for increased transparency around our journey and path forward,” the company said.
Steward Health Care, the largest physician-owned healthcare network in the U.S., with hospitals across the country and in Florida, has filed for Chapter 11 bankruptcy. Steward, which owns Palmetto ...
Steward Health Care declared bankruptcy in May and is in the process of selling or closing its eight hospitals. Lifespan to take control of Saint Anne's, Morton hospitals amid Steward bankruptcy ...