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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 ...
The Dallas-based company announced its bankruptcy May 6. Two other Steward-operated hospitals are still set to close by the end of the month. ... “Today I'm pleased to say we're closing the book ...
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 ...
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.
Steward Health Care, which operates hospitals in Fall River, Taunton and Brockton, filed for Chapter 11 bankruptcy in Texas. Here's what that means.
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 ...
Healey made the comment a day after a bankruptcy judge allowed Steward’s decision to close two Massachusetts hospitals. The Dallas-based company — which announced its bankruptcy May 6 and two ...
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 ...