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

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Steward Health Care says it plans to sell off all its hospitals after announcing this week that it filed for bankruptcy protection

FILE - The Texas Capitol is viewed from its south side on Wednesday, Jan. 5, 2005, in Austin, Texas. Financially embattled hospital operator Steward Health Care filed for bankrupcy protection early Monday, May 6, 2024, morning in the U.S. Bankruptcy Court for the Southern District of Texas. Steward Health Care said it plans to sell off all its hospitals after announcing this week that it filed for bankruptcy protection.

“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.”Elizabeth Warren

“This situation stems from and is rooted in greed, mismanagement and lack of transparency on the part of Steward leadership in Dallas, Texas,” Healey said Monday. “It’s a situation that should never have happened and we’ll be working together to take steps to make sure this never happens again.”

 

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