BOSTON — Steward Health Care, which teeters on a financial crisis that could put multiple Massachusetts hospitals in jeopardy, is a “house of cards and a charade,” Gov. Maura Healey said on Monday, continuing to lash out at the for-profit health care system that is one of the state’s largest employers.
Health care
Gov. Healey tells hospital company Steward to leave after it misses financial deadline
“The financial information that Steward provided this week continues to be incomplete and insufficient,” state spokeswoman Karissa Hand said in a statement Saturday. “What Steward must do from this point forward is clear – complete an orderly transition out of Massachusetts.”
Editorial: Maternal monitoring proposal would help offset medical closures
When UMass Memorial Medical Center closed the Leominster hospital’s maternity ward back in September – over the objections of area residents, nurses, and the Department of Public Health – Gov. Maura Healey commissioned a study on statewide access to maternal health care, as well as access to essential services in northern Worcester County. Results […]
Steward hospitals attracting ‘interest’ from other operators
BOSTON — Steward Health Care’s landlord said Wednesday that Steward hospitals have drawn significant interest from other potential operators, the latest hint that facilities might soon be transferred away from the financially floundering for-profit system. A day after Gov. Maura Healey issued a biting call for Steward to hand off its licensed, operational Bay State […]
Delegation worried about ‘nefarious role of private equity’ in Steward crisis
All 11 members of the Massachusetts delegation to D.C. signed onto a letter Thursday to Cerberus Capital Management, the private equity firm that owned Steward Health Care’s hospitals from 2010 until 2021, seeking information amid “growing concerns” about the financial plight Steward now finds itself in. “We are particularly concerned about the extent to which […]
Hospital backlogs push northeast MA care system to ‘high risk’
Major swaths of the state’s health care system are now considered “high risk,” with the crisis largely fueled by a major backlog of patients waiting to be discharged from hospitals, the Massachusetts Health and Hospital Association said Monday. MHA indicated the situation is exacerbated by serious financial challenges at Steward Health Care, which on Friday […]
