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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 ...
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 ...
What happened: Dallas-based Steward Health Care filed for Chapter 11 bankruptcy May 6. The company operates the Sebastian River Medical Center and seven other Florida hospitals.
The $30 million is also contingent on Steward hitting milestones and cannot be used for rental payments, debt service or management fees. The company’s hospitals are scattered across eight states. A Senate committee voted last week to authorize an investigation into Steward’s bankruptcy and to subpoena de la Torre. The subpoena would compel ...
Steward announced its bankruptcy May 6 and two days later said it planned to sell off the 30 hospitals it operates nationwide A bankruptcy judge last month allowed Steward’s decision to close ...
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 ...
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 declared bankruptcy in May and said it would put all its U.S. hospitals up for sale. ... Carney Hospital, Nashoba Valley Medical Center still closing.