Investigation reveals how investors made millions as Steward Health ...
WEBSep 12, 2024 · The CEO of the nation's largest private for-profit hospital chain is under fire for ignoring a subpoena to testify before the Senate today. The hearing looked at the financial collapse of Steward...
Steward executives paid themselves millions before filing for ...
WEBJul 12, 2024 · In the months before filing for Chapter 11 bankruptcy, as Steward Health Care struggled to pay its bills, the company gave million-dollar payouts to more than a dozen executives, according to...
Why Steward Health Care’s Fate Was ‘So Predictable’ - D Magazine
WEBJun 10, 2024 · Steward Health Care is in the process of declaring bankruptcy and selling its 31 remaining hospitals and its physician group to settle the for-profit system’s $9 billion in debt. The...
Steward Health Care agrees to sell physician group for $245M
WEBAug 13, 2024 · As Massachusetts waits to learn the fates of Steward Health Care hospitals here, the bankrupt company has “entered into a definitive agreement” to sell its physicians network to a subsidiary of a New York-based private equity firm for $245 million in cash, Steward announced late Monday night.
Healey: Fate of Steward hospitals 'in the hands of the lenders'
WEBAug 8, 2024 · BOSTON ― Describing herself as "pleased" that a federal court approved state aid to continue operations at Steward Health Care hospitals, Gov. Maura T. Healey said Wednesday that "things are...
Optum Health bid on 8 Massachusetts hospitals: What to know …
WEBMay 17, 2024 · BROCKTON — In March, Steward Health Care, the for-profit corporation that owns Good Samaritan Medical Center in Brockton and Morton Hospital in Taunton, announced that it had plans to sell...
Steward finalizes four hospital deals, expects $42M in state aid
WEBAug 29, 2024 · BOSTON — The sales of at least four of six Steward Health Care hospitals here are on track to go before a federal judge next week after the company announced Thursday that it has signed...
Steward Health Care files for bankruptcy amid financial crisis
WEBMay 6, 2024 · In the hours since Steward Health Care announced the bankruptcy filing in a middle-of-the-night press release, the state launched a website (mass.gov\stewardresources) with resources about the situation and set up a hotline for concerned patients and health care providers. The hotline is 617-468-2189 (local) or 833-305-2070 (toll-free).
Update on Steward bankruptcy, Nashoba Valley, other Mass.
WEBAug 7, 2024 · Lawyers in bankruptcy court Tuesday reportedly announced that two companies holding onerous leases on hospitals in Massachusetts owned by Steward had turned over the contracts to their mortgage...
Creditors challenge $30M in state aid for Steward hospitals
WEBJul 31, 2024 · A group of companies that are owed money from bankrupt Steward Health Care want a judge to mandate changes to the agreement that Massachusetts state government has to provide $30 million to...
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