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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 ...
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 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 ...
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 ...
All 31 of its U.S. hospitals, including five in South Florida, were put up for sale as part of a plan to shed debt after filing for Chapter 11 bankruptcy in May.
Steward's bankruptcy is set to be one of the largest hospital bankruptcies in U.S. history, and the largest one in decades. [8] The next day, Steward announced that it had indeed filed voluntarily for Chapter 11 bankruptcy protection. The company stressed that its hospitals and medical offices would remain open during the proceedings.
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 ...
Steward Health Care said it plans to sell off all its hospitals after announcing this week that it filed for bankruptcy protection. The Dallas-based company, which operates more than 30 hospitals ...