Steward Health Care presented a federal judge with its deals to sell off the remainder of its hospitals, and the judge said he was 'really leaning towards…
Steward Health Care presented a federal judge with its deals to sell off the remainder of its hospitals, and the judge said he was"really leaning towards approving the sale"'s bankruptcy case urged a judge Wednesday morning to approve the sale of six hospital sites here and hinted at"the support that will be required in the future for these hospitals" from state government.
The bankrupt company that used to be based in Massachusetts presented Judge Christopher Lopez with its deals to sell off the remainder of its hospitals here on Wednesday morning in Houston, Texas. Steward wants to sell St. Anne's Hospital in Fall River and Morton Hospital in Taunton to Lifespan for $175 million; the Holy Family Hospital facilities in Methuen and Haverhill to Lawrence General Hospital for $28 million, and Good Samaritan Medical Center and St.
Troop said Massachusetts"has tried to do its fair share" to get the deals to the point of seeking court approval, including advancing Steward $30 million to fund operations in August and, pending court approval Wednesday, providing the company another $42 million to keep the hospitals afloat until the sales close, possibly on Sept. 30.
Gov. Maura Healey says Steward Health Care has reached deals that will save St. Elizabeth's and Good Samaritan.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Two Steward Health Care hospital closed on Saturday morning in Mass.Two Steward Health Care facilities are closing on Saturday, the Carney Hospital in Dorchester and Nashoba Valley Medical Center in Ayer.
Read more »
Deals reached to keep 5 Steward Health Care hospitals in Mass. open, gov. saysThe Healey administration and Steward Health Care have reached deals that would keep five Massachusetts hospitals open, the governor announced Friday.
Read more »
Intervention for cleaning shared health care equipment could significantly reduce health care–associated infectionsCleaning shared medical equipment at least once a day—even with a disinfectant wipe—can significantly reduce infections in hospitals and possibly save lives, new research shows.
Read more »
Patients will suffer with closures of Steward Health Care hopsitals, staff saysNashoba Valley Medical Center in Ayer and Carney Hospital in Boston are slated to close due to the Steward Health Care bankruptcy crisis.
Read more »
Steward Health Care delays hospital sales hearing againSteward Health Care said late Wednesday night that it has again postponed the sales hearing for its hospitals in Massachusetts, this time to next Thursday.
Read more »
CEO of bankrupt Steward Health Care was at Paris Olympics while hospital closings were announcedRalph de la Torre, CEO of the embattled Steward Health Care, was at the Olympic dressage events at the opulent Palace of Versailles as paperwork was filed to…
Read more »