"Steward Health Care Faces Financial Crisis Amid Hospital Closure Rumors"
TL;DR Summary
Steward Health Care is facing a financial crisis, with at least six active lawsuits claiming it owes vendors over $7.5 million and its landlord, Medical Properties Trust, $50 million. Rumors of hospital closures have sparked concerns about patient access to critical care and behavioral health services in Massachusetts. Lawmakers and former employees have expressed worries about the potential impact on patient care and access to services, while the Massachusetts Congressional delegation has suggested the state is in talks for a possible takeover of the Steward system.
Topics:business#financial-crisis#health-care-finance#hospital-closure#massachusetts#steward-health-care#vendors
- Steward Health Care owes landlord, vendors millions as hospital closure rumors swirl CBS Boston
- Medical Properties ticks lower amid report Steward Health hires restructuring advisers Seeking Alpha
- Steward Health Taps Restructuring Advisers Following Worsening Financials The Wall Street Journal
- Steward Health Care crisis worries Good Samaritan hospital patients The Boston Globe
- Gov. Healey says she's monitoring ‘evolving situation' at Steward Health Care NBC10 Boston
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