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Steward Health Care is a large private for-profit health system headquartered in Dallas, Texas. It utilizes an integrated care model to deliver healthcare across its hospitals and primary care locations, as well as through its managed care and health insurance services. As of the start of 2024, Steward operated 33 hospitals and employed 33,000 ...
BROCKTON — Steward Health Care, the operator of eight Massachusetts hospitals, filed for Chapter 11 bankruptcy protection early Monday morning, according to a statement posted on the...
Steward filed for Chapter 11 bankruptcy in Texas, seeking the legal protection to restructure its debt while leaving its hospitals open. Here are a few takeaways from the main bankruptcy filing.
“Next week, the House will take up comprehensive legislation to address gaps in our regulatory process that Steward exploited, to stabilize the health care system, and to address the rising...
May 6, 2024 at 9:17 AM. Steward Health Care, the operator of the third largest hospital system in Massachusetts, filed for Chapter 11 bankruptcy in Texas, seeking the legal protection to ...
Steward Health Care System: Geography; Location: Norwood, Massachusetts, United States: Organization; Care system: Private: Funding: For-profit hospital: Type: Community: Services; Emergency department: Yes: Beds: 231: Helipads; Helipad: Yes
Steward Health Care System: Geography; Location: 200 Groton Road, Ayer, Massachusetts, United States: Coordinates: Organization; Type: Community: Services; Emergency department: Yes: Beds: 73: Helipad: Yes (FAA LID: 1MA1) History; Opened: 1964: Links; Website: www.nashobamed.org: Lists
Loss of the facilities currently owned by Steward, legislators and their invited guests concluded, would destabilize the entire system of health care delivery in the state.
In March 2022, Medical Properties Trust sold a 50% stake in the eight Massachusetts hospitals it had bought from Steward Healthcare System to Macquarie Infrastructure Partners V for $1.7 billion. Also in March 2022, the company purchased four hospitals in Finland for 178 million Euros, representing its first acquisition in Northern Europe.
How will Steward Health’s bankruptcy process work? Steward, the largest physician-owned healthcare network in the country, filed for bankruptcy protection on May 6. The company’s...