News

A hospital’s land and buildings are sold, often to a real estate investment trust (REIT), then leased back to the hospital.
Internal investigators said a number of transactions, including money taken by private equity owners and distributions to ...
An internal investigation report says the company’s former owner and ex-CEO improperly collected over $1 billion from the ...
A recent court filing alleges that more than $1 billion in payments were made to insiders of the now-bankrupt Steward Health ...
Bankrupt Steward Health Care System LLC’s push to deprioritize the payment of $52.1 million to Massachusetts that was meant ...
Steward Health Care CEO found in contempt for refusing to testify to Senate committee The national hospital company Steward Health Care is in bankruptcy after piling up billions of dollars in debt.
Sen. Bernie Sanders (I-Vt.) and colleagues on the Senate Health, Education, Labor and Pensions Committee are opening an investigation into Steward Health Care, a network of hospitals that went ...
Steward Health Care was formed in 2010 when the private equity firm Cerberus Capital Management acquired a struggling nonprofit hospital chain from the Archdiocese of Boston.
A nonprofit based in Warren, Ohio, that runs Trumbull Regional Medical Center and Hillside Rehabilitation Hospital is fighting claims that it owes nearly $300,000 to Roche Diagnostics, 21 WFMJ ...
John Whitlock has been named CFO of Lawrence, Mass.-based Lawrence General Hospital and Mathuen, Mass.-based Holy Family Hospital, according to two June 25 LinkedIn posts. In October, Lawrence General ...