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
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
More than 1,000 employees are set to be laid off when Steward Health Care closes two of its Massachusetts hospitals at the end of the month, the bankrupt Dallas-based company told the state. When Carney Hospital in Dorchester and Nashoba Valley Medical Center in Ayer close on or around Aug. 31, roughly 1,243 employees at … 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
Elected officials and healthcare unions are reacting strongly to Steward Health Care’s closure of Carney Hospital in Dorchester and Nashoba Valley Medical Center in Ayer, vowing to fight for residents in their communities after the Dallas-based for-profit company dropped the bombshell Friday. Here’s what some of them had to say: Dr. Hugh Taylor, President of … 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
