Steward Health Care, owning 31 hospitals including 9 in Massachusetts, files for bankruptcy in Texas and plans to sell all hospitals.
Steward Health Care, a Dallas-based firm owning 31 hospitals, including nine in Massachusetts, filed for bankruptcy in Texas in May and plans to sell all its hospitals. A bankruptcy hearing will reveal future plans, with bids due by June 24 and hearings beginning on July 2. Massachusetts Attorney General Andrea Campbell seeks state rights to review potential sales, while Senators Elizabeth Warren and Ed Markey call for a special trustee to replace Steward Health Care's management following bankruptcy.
June 03, 2024
4 Articles