“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.”
News
Offshore wind farm near Martha’s Vineyard generates enough power for 30K homes
A wind farm located miles off the coast of Martha’s Vineyard delivered enough power to the New England electric grid to power 30,000 homes in Massachusetts, the Healey administration said Thursday morning.
MA 911 centers ‘flooded’ with phone calls after mass cellular outage
A mass cellular outage across the United States contributed to “many” 911 centers in Massachusetts getting flooded with calls from people trying to see if the emergency system worked, the Massachusetts State Police said Thursday morning.
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 […]
Healey: ‘Time has come’ for Steward to transfer its hospitals
BOSTON — Escalating her administration’s response to a potential health care crisis, Gov. Maura Healey on Tuesday suggested Steward Health Care transfer its Massachusetts hospitals to new operators “as soon as possible” and demanded long-sought financial information about the for-profit system in the next few days. Healey penned a three-page letter to Steward CEO Ralph […]
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 […]
