Let the auctions begin. That’s what a Texas bankruptcy judge declared, now that he’s allowed the sale of dozens of Steward Health Care System hospitals to move forward. On Monday, attorneys for Dallas-based Steward told U.S. Bankruptcy Court Judge Christopher Lopez that any delay in the sale of the hospitals could impact the company’s ability […]
Steward Health Care
House applies Steward lessons in new, expansive health bill
BOSTON — A sweeping new hospital oversight and industry reform bill is on the move atop Beacon Hill, representing what aides to House Speaker Ron Mariano view as the most significant health care cost control legislation in more than a decade. The Legislature’s Health Care Financing Committee on Tuesday moved to advance a redrafted, 97-page […]
Demand outpacing capacity across MA hospital sector
BOSTON — A financial crisis at Steward Health Care has rendered the for-profit system as one of the biggest boogeymen in state government circles, but a pair of leaders at Steward hospitals told lawmakers Wednesday that they face many of the same challenges as their peers in nonprofit settings. Sharp increases in patient demand pushing […]
Info gap hinders HPC review of Steward-Optum deal
BOSTON — Another state agency is counting itself among the public officials who say they do not have the information and records they need from Steward Health Care, as red flags have been raised around a potential deal to sell Steward’s physician network to for-profit insurers Optum Care. Steward remains in the spotlight after the […]
Healey continues to knock major health provider
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.
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 […]
