If Steward Health Care wants to cancel their lease they have to give up their hospitals, the company’s landlords say as Steward moved to delay its sales hearing again. The drama surrounding Steward Health Care’s decision to close a pair of its Massachusetts hospitals and sell a half-dozen others seemed to be coming to a … Read more
Steward Health Care has not yet signed over any of their Bay State hospitals but is close to getting the job done, their lawyers told a bankruptcy court on Thursday. The company is attempting to sell most of its Massachusetts properties to new operators, as they work to square $9 billion in outstanding debt obligations … Read more
An announcement Friday that preliminary deals had been reached to hand over control of four Massachusetts hospitals run by Steward Health Care to new, largely local owners was met with relief from residents, unions, elected officials, and industry associations across the state. Gov. Maura Healey said tentative agreements were in place to transition Saint Anne’s … Read more
Steward Health Care has pushed back a hearing over the fate of its Massachusetts hospitals for a fifth time. According to overnight court filings, now-bankrupt Steward’s Friday hearing to discuss the sale of several Bay State hospitals will now be held next Thursday. “Pursuant to the Bidding Procedures Order, the Sale Hearing for the Debtors’ … Read more
If residents of Dorchester thought they were going to hear some good news regarding the fate of their community hospital during a Department of Public Health hearing, officials were quick to dash those hopes when they said there is nothing they can do to stop what is happening. The state cannot and will not get … Read more
The public may finally learn this week who has bid on Steward Health Care’s Bay State hospitals and whether any more hospitals are on the chopping block. A hearing on the sale of the now-bankrupt healthcare company’s Massachusetts assets is set for Tuesday, when Texas-based federal bankruptcy Judge Christopher Lopez will hear about Steward’s plan … Read more
“Under the Civil Defense Act of 1950, the Governor and Mayor have the power — and it’s been used before — to declare a state of emergency and put the Department of Public Health or Boston Public Health Commission in charge,” state Sen. Nick Collins said. Originally Published: July 29, 2024 at 8:39 p.m. Read … Read more
While it’s not yet clear precisely how the mess surrounding the sudden bankruptcy and pending auction of more than half-a-dozen Bay State hospitals will work out, a sale would actually be a good thing, according to the governor. Gov. Maura Healey says the failure of the Steward Healthcare — the now-bankrupt hospital chain that operates … Read more
