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The Steward Health Care System (SHCS) is a private, for-profit company that operates more than 30 hospitals in nine states, including 25 urgent care centers and 107 skilled nursing facilities ...
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 Health Care filed for Chapter 11 bankruptcy protection Monday. The company owns eight hospitals in Florida, five of them in South Florida. The company said the financial decision will not ...
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.
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 said it wants to sell all 31 of its hospitals, including those in Florida, after the company filed for bankruptcy protections this week. Steward, the largest physician-owned ...
Hialeah Hospital was acquired from Tenet Healthcare, which had owned it for over three decades, by Steward Health Care in August 2021. [ 8 ] On May 5, 2024, The Wall Street Journal reported that Steward Health Care was expected to file for Chapter 11 bankruptcy protection within the coming days, blaming rising costs, insufficient revenue and ...
Bankrupt hospital operator Steward Health Care received a bankruptcy judge’s approval on Friday to sell its nationwide physician network to a private equity buyer while its stalled efforts to ...