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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.
The Steward Health Care System. 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 ...
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 ...
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 ...
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.
May 6—SHARON — Steward Health Care's bankruptcy filing Monday marked a breaking point for Mercer County Commissioner Tim McGonigle. "I am urging Steward to sell Sharon Regional as soon as ...
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 ...
In a statement released Monday, Steward said it has entered into a “definitive agreement” to sell its Stewardship Health business — which includes about 5,000 physicians in Massachusetts and ...