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Steward Health Care, the largest private hospital operator in the U.S., received a bankruptcy judge's approval on Wednesday to sell six Massachusetts hospitals, despite taking no profit from the ...
St. Elizabeth's Medical Center in Brighton, MA, which served as Steward's flagship hospital until it was sold in 2024 [19]. Steward Health Care was founded in 2010, when Caritas Christi Health Care was sold to New York private equity firm Cerberus Capital Management, with Caritas CEO and former Beth Israel Deaconess Medical Center heart surgeon Ralph de la Torre continuing as CEO of the new ...
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 ...
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 ...
Massachusetts has also agreed to provide about $30 million to help support the operations of six hospitals that Steward Health Care is trying to turn over to new owners. The payments are advances on Medicaid funds that the state owes Steward and are being provided contingent upon an orderly movement toward new ownership.
Steward's eighth hospital in Massachusetts, Norwood Hospital, has been closed since it was flooded by heavy rain in June 2020. Court documents reveal new details about Matthew Perry's death
St. Elizabeth's is a part of Boston Medical Center Health System, a non-profit health care system which took over the hospital in 2024 from Steward Health Care, its previous operator, which was forced to sell its Massachusetts hospitals following its bankruptcy. [2]
Steward Health Care, the operator of the third largest hospital system in Massachusetts, filed for Chapter 11 bankruptcy in Texas, seeking the legal protection to restructure its debt while ...