Steward Health Care says it is selling the 30+ hospitals it operates nationwide

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Steward Health Care News

Massachusetts,Maura Healey,Massachusetts

Steward Health Care said it plans to sell off all its hospitals after announcing this week that it filed for bankruptcy protection. The Dallas-based company,...

Steward Health Care said it plans to sell off all its hospitals after announcing this week that itThe Dallas-based company, which operates more than 30 hospitals nationwide, said it does not expect any interruptions in its hospitals’ day-to-day operations, which the company said will continue in the ordinary course throughout the Chapter 11 process.

“Steward’s hospitals, medical centers and physician’s offices are open and continuing to serve patients and the broader community and our commitment to our employees will not change," the company said in a written statement. “The office has authority to review any proposed sale, and we would do so in order to best protect access to a competitive and affordable healthcare marketplace,” she said in a written statement. “If we find violations of the law, we will address them.”including U.S. Sens. Elizabeth Warren and Edward Markey, who have said the company’s previous private equity owners “sold for parts” and “walked away with hundreds of millions of dollars.”Massachusetts Gov.

 

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