Search results
Results from the WOW.Com Content Network
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 ...
This page was last edited on 3 September 2024, at 19:21 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.
It was established in 1985 and was the second largest healthcare system in New England. In 2010, Caritas Christi was sold to the private equity firm Cerberus Capital Management, which converted it to a for-profit company and renamed it Steward Health Care System. Cain Brothers acted as Caritas Christi's advisor for this transaction, for which ...
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 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 ...
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 ...
In 2016, the hospital's property was sold by Steward to Medical Properties Trust, along with the vast majority of the hospital system's real estate nationwide.The sale was part of a sale-leaseback deal which would see a large influx in cash for the hospital system to pay for national expansion and investor dividends, in exchange entering the hospitals into triple-net leases.
Steward Health Care said it has reached an agreement to sell its nationwide physicians network to a private equity firm. The deal comes as Steward is scheduled to go before a bankruptcy court ...